RATIFICATION BONUS TO BE PAID IN JANUARY UNLIMITED MERIT, SPOT BONUSES 401 (K) IMPROVEMENTS DOUBLING OF PARENTING LEAVE In late December, guild members overwhelmingly approved the preliminary agreement that the guild bargaining team reached with management, resulting in the payment of a $425 signing bonus for each employee and a better 401 (k) improved matches for employees. The offer is expected to begin on September 8, 2011. The acquisition is subject to the terms of the merger agreement, including on the condition that at least the majority of class A BNA shares are competitive, that the waiting period under the U.S. Hart-Scott Antitrust Improvements Act of 1976, as amended, expired or completed, is exceeded and other customary conditions. If the offer is concluded, the bnA shares should be converted into the right to obtain the same share price of US$39.50 per price paid in the tender offer at the subsequent merger. BLOOMBERG is a registered trademark of Bloomberg Finance L.P. and its related companies and is used as part of a licensing agreement. Bloomberg and BNA announced today that they have reached an agreement for Bloomberg to acquire all outstanding shares of BNA for $US 39.50 per share in a cash offer, followed by a merger at a total purchase price of approximately $990 million. The transaction is expected to be completed in 2011. d. Full agreement.

Unless otherwise stated in an applicable order form, this licensing agreement, as it may be amended from time to time, constitutes the entire agreement between each customer and BNA and replaces all prior or simultaneous writings, discussions, agreements and agreements relating to the purpose of this license agreement. Access and/or use of the products granted constitutes the acceptance of all the conditions provided for in them. This license agreement contains, by reference, all applicable order forms. For the purposes of this agreement, “order” means any agreement, invoice, order or confirmation of a subscription that specifies the terms of the customer`s subscription to one or more products granted. If you do not agree with these conditions, contact BNA immediately to settle the access (customer relations, phone: 1-800-372-1033, e-mail: customercare@bna.com). The renewal of a subscription to a licensed product as a result of the changes made to this license agreement is the acceptance of these changes. These terms and conditions are governed by the laws of the Commonwealth of Virginia and are interpreted accordingly, as they apply to agreements that are concluded and executed there. 1. License. BNA grants the customer and any user a limited, non-exclusive, non-transferable right to access and use the products granted in accordance with this license agreement. The customer is solely responsible for the selection, purchase, installation and maintenance of the equipment, equipment and other software necessary for the use of the products conceded, as well as access and similar costs related to third-party subscription contracts (e.g.

B Westlaw®, LexisNexis™).