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McGraw-Hill To Sell Education Business To Apollo For $2.5 Billion

About McGraw Hill Financial

McGraw Hill Financial will be a powerhouse in benchmarks and analytics for the global capital and commodity markets and includes the following leading brands: Standard & Poor's, S&P Dow Jones Indices, S&P Capital IQ, Platts, Crisil, J.D. Power and Associates, McGraw-Hill Construction and Aviation Week.  The Company's mission is to promote sustainable growth by bringing transparency and independent insights to the global capital and commodity markets.  The Company will have approximately 17,000 employees in more than 30 countries around the world.  For more information, please visit www.mcgraw-hill.com.

About McGraw-Hill Education 

McGraw-Hill Education is a digital learning company that draws on its more than 100 years of educational expertise to offer solutions which improve learning outcomes around the world. McGraw-Hill Education is the adaptive education technology leader with the vision for creating a highly personalized learning experience that prepares students of all ages for the world that awaits.  The Company has offices across North America, India, China, Europe, the Middle East and South America, and makes its learning solutions available in more than 65 languages.  For additional information, visit  www.mheducation.com.

Forward-Looking Statements

Statements in this news release that are not historical facts are forward-looking statements. These statements are not guarantees of future performance and involve risks, uncertainties and assumptions that are difficult to predict.  Therefore, actual outcomes and results may differ materially from what is expressed or implied in any forward-looking statements.  In particular, the sale transaction described is subject to certain risks and uncertainties, including the ability of the buyer to obtain financing, the ability to obtain all required regulatory approvals and the anticipated tax treatment of the sale and related transactions, as well as risks relating to any unforeseen liabilities, losses, declines in economic performance or future prospects.  More detailed information about factors that may affect our performance may be found in our filings with the Securities and Exchange Commission, including our most recent Annual Report on Form 10-K, which can be obtained at its website at http://www.sec.gov.  We undertake no obligation to publicly update any forward-looking statements, whether as a result of new information, future events or otherwise.

Contacts:  Patti Rockenwagner  Senior Vice President, Corporate Communications  (212) 512-3533  patti_rockenwagner@mcgraw-hill.com

Chip Merritt  Vice President, Investor Relations  (212) 512-4321   chip_merritt@mcgraw-hill.com 

SOURCE The McGraw-Hill Companies

Copyright 2011 PR Newswire. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.
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