CCH CEO Hensley Resigns Post

Gene Landoe, Current CCH-LIS CEO and CCH Veteran,
to Serve as Interim CEO as Executive Search Begins

(New York, NY -- January 13, 2003) - CCH INCORPORATED Chief Executive Officer Rebecca Hensley has tendered her resignation as CEO and president to focus on her family and personal life. The board of Wolters Kluwer, the Dutch-based information services company which owns and operates CCH INCORPORATED under its Legal, Tax and Business North America (LTB NA) division, has accepted Hensley’s resignation. Today’s announcement was made by Christopher Cartwright, CEO and president of LTB NA.

Headquartered in Riverwoods, Ill., CCH INCORPORATED was founded in 1913 and has served four generations of business professionals and their clients. The company produces more than 700 electronic and print products for the tax, legal, securities, insurance, human resources, health care and small business markets. It is the largest operating unit of Wolters Kluwer nv.

Gene Landoe, a LTB NA management veteran and CEO of the CCH Legal Information Services company, will serve as interim CEO while an executive search is conducted. In both capacities, Landoe reports directly to Cartwright. During this period, the executive team of CCH INCORPORATED will work closely with Landoe. Over his 30-year career with CCH, Landoe has held several key positions including vice president of customer service and operations at CCH INCORPORATED, and director of planning within the CCH editorial organization.

Prior to being named president of CCH in July 1999, Hensley was publisher of CCH’s Federal and State Tax unit. The Federal and State Tax business unit’s portfolio includes the CCH flagship Standard Federal Tax Reporter and more than 150 products covering federal, state, and international taxation. She joined CCH in 1994 as director of the CCH Editorial Resource Center, where she was responsible for the company’s content quality, electronic production, practice system development, workflow and professional development.

About Wolters Kluwer Legal, Tax and Business North America

Wolters Kluwer North America, headquartered in New York, is a unit of Wolters Kluwer nv, Amsterdam. It is comprised of a number of highly respected legal, tax and business information, software and service companies, including Aspen Publishers, Inc., New York City/Gaithersburg, Md.; Bankers Systems, Inc., St. Cloud, Minn.; CCH Canadian, Toronto, Ontario; CCH INCORPORATED, Riverwoods, Ill.; CCH Legal Information Services, New York City; and CCH Tax Compliance, Torrance, Calif.

Wolters Kluwer nv ( is a multinational information services company with annual sales of more than EUR 3.8 billion, employing approximately 20,000 people in Europe, North America and Asia Pacific. The company's core activities are Legal & Regulatory, Health, and Education. The financial results for the year 2002 will be announced on March 11, 2003; preliminary results will be announced in January 2003.

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