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News You Can Use May 24, 2007 Apax Partners and OMERS Capital Partners to Acquire Thomson Learning Higher Education Funds Advised by Apax Partners and OMERS Capital Partners to Acquire Thomson Learning Higher Education Assets from Thomson for US$7.75 Billion New York and London, May 11, 2007 – Funds advised by Apax Partners today announced the signing of definitive agreements with The Thomson Corporation (NYSE: TOC; TSX: TOC), a leading global provider of information services to business and professional customers, under which such funds, together with funds advised by OMERS Capital Partners, will acquire the higher education, career learning and library reference assets of Thomson Learning and Nelson Canada for a combined total value of approximately $7.75 billion in cash. The transactions are expected to close in the third quarter of this year and are subject to regulatory approvals and other customary closing conditions. The higher education, career learning and library reference assets include such well-known brands and businesses as: Wadsworth, Delmar Learning, Gale, Heinle, Brooks/Cole and South-Western. Nelson Canada, a leading provider of books and online resources for the educational market in Canada, will be majority-owned by OMERS. Jackie Reses, Partner at Apax Partners, said: "We are extremely excited to acquire these unique, global media properties, which have achieved strong positions in their respective markets and have delivered stable and predictable growth. Furthermore, we believe these franchises are supported by healthy underlying market dynamics. We look forward to extending the competitive positions of these businesses during the course of our ownership." Christian Stahl, Partner at Apax Partners, continued: "This investment deepens Apax's global focus on the media industry, where we have established a strong track record over the past decade. Additionally, we are very pleased to be partnered on this important transaction with OMERS, one of Canada's largest pension plans and a highly respected investment manager." Evercore Partners Incorporated and Atlas Advisors are financial advisors to Apax Partners and OMERS Capital Partners on the acquisition. Acquisition finance was provided by The Royal Bank of Scotland, JPMorgan, Citigroup, UBS and The Royal Bank of Canada. Apax Partners OMERS The Thomson Corporation
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