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Statement from Blackwell Publishing

This message was received from Blackwell Publishing for posting to

---------- Forwarded message ----------
Press Comment on Blackwell Publishing

In recent weeks, the Board of Blackwell Publishing has received
representation from a shareholder with proposals to execute a trade sale
of the company. After careful consideration of the proposals, the Board
unanimously reconfirmed its commitment to an independent stand-alone
strategy. Blackwell Publishing is not for sale.

With regard to Blackwell Ltd, the bookshop business, the following is an
extract from a statement made by that company following yesterday's
regular Board meeting:

	"The Board welcomed the assurance made by Julian ["Toby"]
	Blackwell that it has never been his intention to table a motion
	seeking to utilise the Blackwell Limited shareholding in Blackwell
	Publishing in a move to change its Board and thereby to
	precipitate a sale of Blackwell Publishing."