Micheal E. Danziger's Memorandum To Thomson Financial Employees

DELIVERY TECHNOLOGIES

DATE: October 4, 1999

SUBJECT: NEW HORIZONS

It is with mixed emotions that I announce that I will be leaving Thomson Financial at the end of this year.

I am happy to tell you that I am going to be starting my own company that will provide management consulting and, on occasion, venture funding for information/publishing businesses. This will allow me to return to my entrepreneurial roots and also provide me with much greater personal flexibility. I am excited to have the opportunity to do this.