From April 2008, Financial Times Content will only be available to those organisations with a direct agreement with the Financial Times. The Financial Times today announced that 11 news aggregators have agreed to support this new licence model. Acting as Authorised Agents, these news aggregators are licensed to provide unlimited access to FT content for organisations with a direct agreement. 250 organisations have entered into direct customer agreements with the Financial Times in advance of the April deadline.

From April 2008, any organisation that wishes to have unlimited digital access to FT content will be invited to subscribe to an FT content licence. The licence will create a direct relationship between the Financial Times and its corporate customers and enable them to access Financial Times content via both FT.com and a wide range of third party channels. The licence is designed to ensure a transparent means of separating the value of FT content from the value created by news aggregation services.

Caspar de Bono, Managing Director B2B at the Financial Times, said: “The new licence model is well underway, with 11 news aggregators and 250 direct customers. Our customers now have the benefit of buying one licence for multiple users of FT content across a variety of platforms – both FT.com and third party channels.”

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Notes to Editors on the New FT Content Licence:

1.The FT Content Licence will apply to all organisations wishing to purchase access to Financial Times content for 10 or more employees. The minimum contract is £1,990 per annum, the equivalent of £199 a seat. The cost per seat will decrease as more seats are purchased.

2.Subscriptions to FT.com can continue to be purchased by individuals. The content licences are for organisations that wish to benefit from the economy of purchasing multiple licences and the flexibility of accessing Financial Times content across many platforms.

3.The new access model was announced on the 1st October, six month in advance of the proposed change. This has been done in order to give customers and third parties plenty of time to make arrangements. From April 2008, there will be a day-of-publication feed available to those with a Financial Times content licence only.

4.Eleven news aggregators have agreed to support the new licensing model. Each of these organisations are acting as Authorised Agents, licensed to provide access to FT content to FT Licence holders. Buying an FT Content Licence does not include a subscription to any of the third party services.

5.From April, the FT will no longer receive royalty payments for FT digital content from news aggregation providers, nor will any news aggregator be licensed or permitted to charge for access to FT digital content. The only exceptions to this are for academic customers and public libraries and in the case of transitional arrangements for customers that qualify for a ”bridge licence”.

6.Further details can be found at www.ft.com/corporate

7.Contact details for customers interested in a FT Content Licence:

ftsales.support@ft.com, T UK: +44 (0) 20 7873 4001, T US: +1 800 218 6046

For media enquiries, please contact:

Jo Crosby, Financial Times, 020 7873 3811 or jo.crosby@ft.com

Kristina Eriksson, Financial Times, 020 7873 4961 or kristina.eriksson@ft.com

About the Financial Times:

The Financial Times, one of the world’s leading business newspapers, is recognised internationally for its authority, integrity and accuracy. Providing extensive news, comment and analysis, the newspaper is printed at 24 print sites across the globe, has a daily circulation of 448,342 (ABC figures, February 2008) and a readership of more than 1.3 million people worldwide. FT.com is one of the world’s leading business information websites, and the internet partner of the FT newspaper. FT.com is the definitive home for business intelligence on the web, providing an essential source of news, comment, data and analysis for the global business community. FT.com attracts 6.2 million unique users, generating 48 million page views. FT.com has 101,000 subscribers.