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FOR MORE INFORMATION, CONTACT
Josephine Fiamingo, Marketing, R.R. BowkerPubnet LLC
908-219-0157

Pubnet LLC Announces Bookstore-friendly Price Reduction Effective Immediately

Vienna, VA, June 30, 1998 -- Pubnet LLC, the developer of the pioneering electronic commerce system that links booksellers, publishers and suppliers, today announced that it will defer fee-based pricing for an additional 9 months. Managing Director Andrew Gregory said that this action would allow additional time for all Pubnet suppliers and supporting systems developers to fully implement all of the features of the new system, and thus provide subscribers additional time to experience these benefits.

"We knew that the system would add more utility as all suppliers and developers completed their component integration. Our original time line did not allow sufficient time for all members of the community to complete this work, and therefore needed adjustment."

This change means that all Pubnet LLC customers can upgrade to Pubnet 2000TM, incur no monthly fees until July 1999, and still benefit from Pubnet 2000's fast, Internet-based ordering features.

The monthly pricing change does not effect fees associated with new member sign-up or subscription to Books in Print®.

About Pubnet LLC

Pubnet LLC has created the world's premier electronic community for the publishing and bookselling industries with more than 3,000 bookstores, wholesalers, libraries and schools subscribed to PUBNET® and Pubnet 2000.

Vienna, Va.-based Pubnet LLC is a limited liability corporation owned equally by the Association of American Publishers, the American Booksellers Association, the National Association of College Stores and R.R. Bowker, a division of Cahners Business Information. The Pubnet 2000 service and Pubnet LLC information can be found at www.pubnet.org.

R.R. Bowker LLC Marketing Contact
Josephine Fiamingo: (908) 219-0157
marketing@bowker.com