17 October 2003

DIRECTOR'S SHAREHOLDING

United Business Media plc has today been notified of the following change in
director's interests in its shares.

On 16 October 2003 Clive Hollick, Chief Executive of the company, exercised an
option over 28,800 ordinary shares under the MAI 1991 Executive Scheme at an
exercise price of 363.2810 pence per share. 21,873 shares were sold on the same
day at a price of 480 pence per share. This option was granted on 28 October
1993 and would have lapsed if unexercised by 28 October 2003.

Following the aforementioned dealing, Clive Hollick holds a total of 680,695
ordinary shares, representing 0.20% of the issued equity.

Anne Siddell

Group Company Secretary



END