Exhibit (b)(5)
TRANSFER CERTIFICATE
To: Deutsche Bank AG London as Facility Agent
Reed Elsevier (UK) Limited as Borrowers' Agent
From: Deutsche Bank AG London ("Deutsche"), Morgan Stanley Dean Witter Bank
Limited and Morgan Stanley Senior Funding, Inc (together "Morgan
Stanley") (the "Existing Lenders") and the banks listed in Schedule 1
hereto (the "New Lenders")
Dated: 20 December, 2000
Reed Elsevier -US$8,500,000,000 Credit Agreement
dated 13 December, 2000 (the "Credit Agreement")
1. Words and expressions defined in the Credit Agreement
have the same meaning when used herein.
2. We refer to Clause 26.5 (Procedure for transfer) of the Credit Agreement:
(a) Each of the Existing Lenders and the New Lenders agree to the Existing
Lenders transferring by novation to the New Lenders all or part of
each of the Existing Lenders' Commitment, rights and obligations
referred to in Schedule 1 in accordance with Clause 26.5 (Procedure
for transfer). The amount of each of the Facility A Commitment, the
Facility B Commitment, the Dollar Swingline Commitment and the Euro
Swingline Commitment transferred to each of the New Lenders under this
Transfer Certificate by each of Deutsche and Morgan Stanley is equal
to 50 per cent. of each of the Facility A Commitment, the Facility B
Commitment, the Dollar Swingline Commitment and the Euro Swingline
Commitment set out opposite the name of each New Lender in Schedule 1.
(b) The proposed Transfer Date is 20 December, 2000.
(c) The Facility Office and address, fax number and attention details for
notices of the New Lender for the purposes of Clause 33.2 (Addresses)
are set out in Schedule 2.
3. Each of the New Lenders expressly acknowledges the limitations on each of
the Existing Lenders' obligations set out in paragraph (c) of Clause 26.4
(Limitation of responsibility of Existing Lenders) of the Credit Agreement.
4. This Transfer Certificate is a Financing Document.
<PAGE>
5. The fee of US$1000 set out in Clause 26.3 of the Credit Agreement is hereby
waived by the Facility Agent in respect of the transfers effected by this
Transfer Certificate.
6. (a) This Transfer Certificate will be executed in any
number of counterparts and this has the same effect as if
the signatures on the counterparts were on a single copy
of this Transfer Certificate.
(b) Delivery of an executed signature page of this Transfer Certificate by
fax shall be as effective as delivery of a manually executed document.
7. This Transfer Certificate is governed by English Law.
2
<PAGE>
SCHEDULE 1
Commitment/rights and obligations to be transferred
<TABLE>
New Lender Total Commitments Facility A Facility B US$ Euro
Transferred Commitments Commitments Swingline Swingline
Commitments Commitments
<S> <C> <C> <C> <C> <C>
ABN AMRO BANK N.V. 109,393,858.03 35,479,089.08 73,914,768.95 25,104,726.92 7,849,590.32
BARCLAYS BANK PLC 172,749,874.42 56,026,986.23 116,722,888.19 39,644,258.85 12,395,721.00
CITIBANK N.A. 109,696,170.32 35,577,136.32 74,119,034.00 25,174,104.37 7,871,282.83
MORGAN GUARANTY TRUST 129,562,405.89 42,020,239.75 87,542,166.14 29,733,194.14 9,296,790.75
NATIONAL WESTMINSTER BANK 172,749,874.42 56,026,986.23 116,722,888.19 39,644,258.85 12,395,721.00
THE TORONTO-DOMINION BANK 120,924,912.17 39,218,890.44 81,706,021.73 27,750,981.20 8,677,004.70
UBS AG 120,924,912.17 39,218,890.44 81,706,021.73 27,750,981.20 8,677,004.70
BAYERISCHE HYPO-UND 107,968,671.48 35,016,866.36 72,951,805.12 24,777,661.78 7,747,325.62
THE SUMITOMO BANK, LIMITED 107,968,671.48 35,016,866.36 72,951,805.12 24,777,661.78 7,747,325.62
THE GOVERNOR AND COMPANY OF 107,968,671.48 35,016,866.36 72,951,805.12 24,777,661.78 7,747,325.62
FLEET NATIONAL BANK 107,968,671.48 35,016,866.36 72,951,805.12 24,777,661.78 7,747,325.62
ABBEY NATIONAL TREASURY 107,968,671.48 35,016,866.36 72,951,805.12 24,777,661.78 7,747,325.62
CLYDESDALE BANK PLC 107,968,671.48 35,016,866.36 72,951,805.12 0 7,747,325.62
WACHOVIA BANK, N.A. 107,968,671.48 35,016,866.36 72,951,805.12 24,777,661.78 7,747,325.62
ING BANK N.V., LONDON BRANCH 107,968,671.48 35,016,866.36 72,951,805.12 0 7,747,325.62
CREDIT INDUSTRIEL ET 107,968,671.48 35,016,866.36 72,951,805.12 24,777,661.78 7,747,325.62
LLOYDS TSB BANK PLC 107,968,671.48 35,016,866.36 72,951,805.12 24,777,661.78 7,747,325.62
BANCO BILBAO VIZCAYA
ARGENTARIA, S.A. 107,968,671.48 35,016,866.36 72,951,805.12 0 0
HALIFAX PLC 107,968,671.48 35,016,866.36 72,951,805.12 0 0
SCOTIABANK EUROPE PLC 107,968,671.48 35,016,866.36 72,951,805.12 24,777,661.78 7,747,325.62
ALLIED IRISH BANKS, P.L.C. 107,968,671.48 35,016,866.36 72,951,805.12 24,777,661.78 7,747,325.62
BNP PARIBAS LONDON 107,968,671.48 35,016,866.36 72,951,805.12 24,777,661.78 7,747,325.62
DANSKE BANK A/S 107,968,671.48 35,016,866.36 72,951,805.12 24,777,661.78 7,747,325.62
THE FUJI BANK, LIMITED 35,989,557.16 11,672,288.79 24,317,268.37 8,259,220.59 2,582,441.87
THE DAI-ICHI KANGYO BANK, 35,989,557.16 11,672,288.79 24,317,268.37 8,259,220.59 2,582,441.87
INDUSTRIAL BANK OF JAPAN, 35,989,557.16 11,672,288.79 24,317,268.37 8,259,220.59 2,582,441.87
THE BANK OF TOKYO 107,968,671.48 35,016,866.36 72,951,805.12 24,777,661.78 7,747,325.62
SANWA INTERNATIONAL PLC 107,968,671.48 35,016,866.36 72,951,805.12 24,777,661.78 7,747,325.62
WESTDEUTSCHE LANDESBANK 107,968,671.48 35,016,866.36 72,951,805.12 24,777,661.78 7,747,325.62
BANCA COMMERCIALE ITALIAN 107,968,671.48 35,016,866.36 72,951,805.12 24,777,661.78 7,747,325.62
COOPERATIEVE RAIFFEISEN - 107,968,671.48 35,016,866.36 72,951,805.12 24,777,661.78 7,747,325.62
</TABLE>
3
<PAGE>
SCHEDULE 2
Administrative Details of New Lenders
Name and Contact for Contact for Payment Details:
Address: Credit Administrative
Matters: / Operational
Matters:
--------------------------------------------------------------------------------
ABN AMRO Bank Attn: Trevor Attn: Credit (a) Euros: ABN
N.V. Neilson Administration AMRO Bank N.V.
Amsterdam
250 7th Floor, 250 250 Acc No:
Bishopsgate Bishopsgate, Bishopsgate, 42.92.76.230
London EC2M London EC2M London (Swift-ABNANL2A)
4AA 4AA
Tel No: 0207 (b) Dollars:
Tel No: 0207 Tel No: 0207 678 6809, 0207 ABN AMRO Bank
678 8000 678 0323 678 6808, 0207 N.V. New York.
678 6816 Acc No:
Fax No: 0207 Fax No: 0207 661001036741
678 6537 678 6537 Fax No: 0207 (SWIFT-ABNAUS33)
678 8604
(c) Sterling: 40-
Telex: 887139 50-30 (CHAPS)
ABN AMRO BANK
N.V. London
(Swift-ABNAGB2L)
--------------------------------------------------------------------------------
Barclays Bank Attn: Mark Attn: Ian (a) Euro:
PLC Pope/Cliff Stewart Barclays Bank
Baylis PLC, London
5 The North Global Swift Addrs:
Colonnade, Barclays Services Unit, BARC GB 22
Canary Wharf, Capital, 5 The Barclays Bank In favour of
London E14 4BB North PLC, 5 The BARC GB P1
Colonnade, North Ref: GSU/Reed
Tel No: 0207 Canary Wharf, Colonnade, Elsevier
773 2190/1760 London E14 4BB Canary Wharf,
London E14 4BB (b) US$:
Fax No: 0207 Tel No: 0207 Barclays Bank
773 1840 773 2190/1760 Tel No: 0207 PLC, 75 Wall
773 6427 Street, New York
Fax No: 0207 Swift Addrs:
773 1840 Fax No: 0207 BARC US 33
773 6811 Acc: CLAD UK
E-mail: Acc No:
mark.pope@barc Tlx No: 280568433
ap.com 9404933 RGSUG UID No: 312842
E-mail: Reference:
cliff.baylis@b GSU/Reed
arcap.com Elsevier
(c) Sterling:
Barclays Bank
PLC
Sort Code: 20-00-
34
Acc: GSU Re:
Barclays
4
<PAGE>
Capital Loans
Acc No: 18291365
(Interest only)
08290385 (Fees)
Ref: GSU/Reed
Elsevier
--------------------------------------------------------------------------------
Citibank N.A. Attn: Michael Attn: Linda (a) Euros:
Llewelyn-Jones Apperly (Tel: Citibank NA
336 Strand 44 207 508 London,
London CitiGroup 3721) 11 Old Jewry
WC2R 1HR Centre (Fax 44 207 London
33 Canada 500 5806) EC2R 8DU
Square Loans Dept. Acc No: 780839
Citibank NA
Canary Wharf UK Loans (b) Sterling:
London E14 Processing Citibank NA, 11
5LB Unit Old Jewry,
4 Harbour London EC2R 8DU
Tel No: 0207 Exchange Sort Code:
986 5855 Square 18.50.04
London Acc No:
Fax No: 0207 E14 9EG 9380008011
986 2331
(c) Dollars:
Citibank NA, New
York
ABA: 021000089
Favour Citibank
NA, London
Acc No:
10990765
--------------------------------------------------------------------------------
Morgan Attn: Loan Attn: Loan (a) Euros: Chase
Guaranty Trust Capital Capital Manhattan Bank,
Company of New Markets Middle Markets Middle Frankfurt
York Office Office Swift: CHASDEFX
For A/C: MGT
60 Victoria 60 Victoria 60 Victoria Delaware
Embankment, Embankment, Embankment, Swift:
London EC4Y London EC4Y London EC4Y MGTCUS33EOD
0JP 0JP 0JP A/C: 623-16-
00203
Tel No: 0207 Tel No: 0207 Tel No: 0207 Attn: Gordhan
325 9267 325 9267 325 9267 Patel
Fax No: 0207 Fax No: 0207 Fax No: 0207 (b) Dollars:
325 8190 325 8190 325 8190 Morgan Guaranty
Trust Co. of New
Telex: 896631 York, New York
MGT Swift: MGTCUS33
For A/C: MGT
Delaware
Swift: MGTCUS33EOD
A/C: 00139968
(c) Sterling:
HSBC, London
Swift: MIDLGB22
For A/C: MGT
Delaware
5
<PAGE>
Swift:
MGTCUS33EOD
A/C: 37629762
Sort Code: 40-05-
15
Attn: Gordhan
Patel
--------------------------------------------------------------------------------
National Attn: David Attn: The NATWEST BANK
Westminster Vaughan/Matt Manager, PLC, LONDON
Bank plc Rowe Commercial NWBKGB2L
135 Loans Euros: Acc
Bishopsgate, 135 NatWest
London EC2M Bishopsgate, Royal Bank of NWBKGB2LTSY
3UR London EC2M Scotland 550/00/01560182
3UR Financial
Tel No: 7375 Markets US$: Chase
8933 Tel No: 7375 Kings Cross Manhattan Bank
8935 House New York
Fax: No: 7375 200 CHASUS 33
8549 Fax No: 7375 Pentonville CHIPS ABA 0002,
8549 Road Acc NatWest FM
London N1 9HL NWBKG2LTSY
CHIPS UID 049291
Tel No: 7239 Acc No:
8042 0011008505
Fax No: 7239 Sterling: Via
8257 CHAPS to BSC 70-
01-19
Telex: 8812522 Acc: 04607236
NWBTPU
--------------------------------------------------------------------------------
The Toronto- Attn: Stephen Attn: Brian (a) Euros:
Dominion Bank McPherson/Sala Cripps Citibank
Fitt Swiftcode:-
Triton Court, Triton Court, CITIGB2L AC NO.:
14/18 Finsbury Triton Court, 14/18 Finsbury 854 8277 FOR A/C
Square, London 14/18 Finsbury Square, London of TDBank,
EC2A 1DB Square, London EC2A 1OB London
EC2A 1DB
Tel. No. 0207 Tel. No. 0207 (b) Dollars: BOA
282 8235 Tel. No. 0207 282 8254 NT+SA, New York
282 8235/8215 Swift: BOFAUS 3N
Fax No. 0207 Fax No. 0207 AC No: 6550
638 0006 Fax No. 0207 638 2551 826336 for A/C
638 0006 of TD Bank,
Toronto Telex No. London
Dominion 883391
(Texas) Inc. (c) Sterling:
Sort Code:
909 Fannin 405021 A/C No:
Street, Suite 0360012190479
1700, Houston,
Texas 77010
Fax: 001 713
951 9921
--------------------------------------------------------------------------------
6
<PAGE>
UBS AG Attn: Sharon Attn: Anita Euros: UBS
Canham Mills Warburg AG,
UBS AG Director Banking Frankfurt A/C
1 Finsbury Banking Products No:
Avenue Product Services 0230000004438020
London Services 0000B Swiftcode:
EC2M 2PP UBS AG UBSWDEFF; Ref:
UBS AG 1 Finbsury CQAM/BPS/Reed
Tel No: 0207 1 Finsbury Avenue
567 8000 Avenue London Dollars: UBS AG,
London EC2M 2PP Stamford A/C No:
Fax No: 0207 EC2M 2PP 101-WA140007-000
568 4800 Tel No: 0207 Swiftcode:
Tel No: 0207 568 0442 UBSWUS33 Ref:
Telex: 887434 568 5578 CQAM/BPS/Reed
UBSW G Fax No: 0207
Fax No: 0207 568 5664 Sterling: UBS
568 5664 Warburg Sort
Telex: 887434 Code: 23-23-23
Telex: 887434 UBSW G Ref:
UBSW G CQAM/BPS/Reed
--------------------------------------------------------------------------------
BAYERISCHE Attn: Jan Attn: Loans Euro: Pay to
HYPO-UND Langenbach/Lia Services HypoVereinsbank,
VEREINSBANK AG Marino Munich
LONDON BRANCH Vintners Place SWIFT: HYVEDEMM
HypoVerinsbank 6th Floor Acct Name:
41 Moorgate Via Durini, 9 68 Upper HypoVereinsbank,
London EC2R 20122 Thames Street London
6PP Milan London EC4V Acct. No:
Italy 3BJ 74000606
Tel No: 0207 Ref: Loans
573 8786 Tel No: 00 39 Tel No: 7634 Services/Reed
027793 33/234 3644/3797 Elsevier
Fax No: 0207
573 8352 Fax No: 00 39 Fax No: 7634 US$: Pay to:
027793 225 3698 CHASE, New York
SWIFT: CHASUS33
Acct Name:
HypoVereinsbank,
London
Acct. No: 001-1-
915089
Ref: Loans
Services/ Reed
Elsevier
Sterling: Pay to
HypoVerinsbank,
London
Direct Sort
Code: 30.10.61
SWIFT: HYVEGB2L
Acct Name:
HypoVereinsbank,
London
7
<PAGE>
Ref: Loans
Services/Reed
Elsevier
--------------------------------------------------------------------------------
The Sumitomo Attn: Andrew Attn: Lisette The Sumitomo
Bank, Limited Fensome Villanueva- Bank Limited
Ruiz
Temple Court, Temple Court, (a) Euros:
11 Queen 11 Queen The Sumitomo Deutsche Bank,
Victoria Victoria Bank Limited, Frankfurt
Street, London Street, London NY, 277 Park A/C No:
EC4N 4TA EC4N 4TA Avenue, New 10092734671000
York, New York Swift: DEUT
Tel No: 0207 Tel No: 0207 10172 DEFF, REF (REED
786 1000 786 1126 ELSEVIER)
Tel No: 00212-
Fax No: 0207 Fax No: 0207 224-4066 (b) Dollars: Via
248 3187 248 3187 Fedwire Citibank
Fax No: 00-212- NA New York ABA
224-5192 021000089
Account Name:
Tlx No: SUMBK The Sumitomo
420515/SUMBU Bank, Ltd N.Y.
A/C No: 36023837
Name: Mark Att: Credit
Jenkins, Admin
Manager Loans Ref: Elsevier
Admin
(c) Sterling:
Address: Direct to The
Temple Court, Sumitomo Bank
11 Queen Limited
Victoria Sort Code: 40-51-
Street, London 25
EC4N 4TA Via HSBC PLC
London
Tel No: 0207
786 1056
Fax No: 0207
786 1569
Tlx No: 887667
--------------------------------------------------------------------------------
8
<PAGE>
The Governor Name: Iain Name: Mags (a) Euros: Pay
and Company of Donovan Treacy Loans via Target to
the Bank of Administration, Central Bank of
Ireland Bank of Bank of Ireland
Ireland Ireland - Swift: BIGTIE2D
Lower Baggot International Corporate Account: Bank of
Street, Dublin Finance Banking, Hume Ireland Group
2, Ireland Limited, La House, Treasury Dublin
Touche House, Ballsbridge, Ref: Reed
Tel No: 00 353 P.O. Box 3267, Dublin 4, Elsevier/BOIIF
1 609 3518 International Ireland
Financial (b) Dollars:
Fax No: 00 353 Services Tel: 00 353 1 Chase Manhattan
1 829 0129 Centre, Custom 618 7470 Bank New York
House Docks, Swift:: CHASUS33
Dublin 1, Fax: 00 353 1 Account: Bank of
Ireland 618 7490 Ireland Group
Treasury Dublin
Tel: 00 353 1 Account No.: 001-
609 3518 1-015815
Ref: Reed
Fax NoL 00 353 Elsevier/BOIIF
1 829 0129
(c) Sterling:
Lloyds Bank,
London
Sort Code: 30-96-
34
Swift: LOYDGB2L
Account: Bank of
Ireland Group
Treasury Dublin
Account No.:
01051467
Ref: Reed
Elsevier/BOIIF
--------------------------------------------------------------------------------
Fleet National Name: Robert Name: Loans (a) Euros:
Bank Merrett Admin Dept - Lloyds TSB Bank
Julie PLC, London
39 Victoria 39 Victoria Onions/Lisa (LOYDGB2L)
Street, PO Box Street, PO Box Verdigi Acc: Fleet
155, London 155, London Boston
SW1H 0ED SW1H 0ED 39 Victoria Financial,
Street, PO Box London
Tel No: 0207 Tel No: 0207 155, London (FNBBGB2L)
799 3333 932 9196 SW1H 0ED No: 59019509
Fax No: 0207 Fax No: 0207 Tel No: 0207 (b) US$: Fleet
222 5649 932 9110 932 9305/9286 National Bank,
Boston
Fax No: 0207 (FNBBUS33)
7932 9245 Acc: Fleet
Boston
Tlx No: 886705 Financial,
London (FNBBGB2L)
No: 907244
9
<PAGE>
(c) Sterling:
Fleet Boston
Financial,
London
(FNBBGB2L)
Sort Code: 60-01-
62
Attn: Loans
Admin Dept.
--------------------------------------------------------------------------------
Abbey National Attn: Stuart Attn: Han Euros: Chase
Treasury Forbes Nong Manhattan Bank,
Services plc Frankfurt,
26-28 Dorset 26-28 Dorset Germany
Abbey House Square Square Acct: Abbey
Baker Street London NW1 6QG London NW1 6QG National
London NW1 Treasury
6XL Tel No: 7612 Tel No: 7612 Services Plc,
3453 3405 London
Acct No: 623 160
Fax No: 7487 Fax No: 7487 4015
0545 0547 SWIFT: CHASDEFX
email: email: Sterling: HSBC
forbes.stuart@ han.nong@ants. Bank plc, London
ants.co.uk co.uk Acct: Abbey
National Treasury
Services Plc, London
Acct No: 35617348
SWIFT: MIDLGB22
CHAPS No: 09-00-
21 (dedicated) - ABBEY
Dollars: Bank of
New York, New York
A/c Abbey
National Treasury
Services Plc,
London
A/c: 890 0444 142
Swift Code: IRVTUS3N
--------------------------------------------------------------------------------
Clydesdale Attn: Jo Attn: Andrew (a) Euro:
Bank Plc McGrady Seavers/Natasha National
Wood Australia Bank
Address: 10 88 Wood Ltd, London
Fleet Place, Street, London Address: 10
London, EC4M EC2V 7QQ Fleet Place, Account: 3000-
7RB London EC4M 031682-593
Tel No: 0207 7RB Swift: NATAGB2L
Tel No: 0207 710 2437
395 5650 Tel No: 0207 (b) US$:
Fax No: 0207 395 5612/5602 National
Fax No: 0207 710 2243 Australia Bank,
395 5619 Fax No: 0207 New York
395 5619 A/C No: 6870-
1000094-000
Swift:NATA US 33
10
<PAGE>
(c) Sterling:
Clydesdale Bank
Plc,
International
Banking Centre,
150 Buchanan
Street, Glasgow,
G1 2LB
Sorting Code:82-69-18
Swift:CLYD GB 2S
--------------------------------------------------------------------------------
Wachovia Bank, Attn: Mike Attn: Alastair Euros: Dresdner
N.A. Daniels L.M. McLaggan Bank AG, Frankfurt
Leconfield Leconfield Leconfield Swiftcode:
House House House DRESDEFF
Curzon Street Curzon Street Curzon Street A/C: Wachovia
London London London Bank, N.A.,
W1J 5JA W1J 5JA W1J 5JA London
(Swiftcode:
Tel No: 0207 Tel No: 0207 Tel No: 0207 WACHGB2L)
408 4700 408 4712 408 4700
Dollars:
Fax No: 0207 Fax No: 0207 Fax No: 0207 Wachovia Bank,
629 4778 629 4778 629 4778 Winston-Salem
Swiftcode:
E-mail: mike- Telex: 886165 WACHUS3W A/C:
daniels@wachov Wachovia Bank,
ia.com N.A., London
(Swiftcode:
WACHGB2L) A/C
No: 8734-998364
Sterling:
Wachovia Bank,
N.A., London
Swiftcode:
WACHGB2L Sort
Code: 60-93-07
--------------------------------------------------------------------------------
ING Bank N.V., Attn: Keith Attn: Samantha (a) Euros: A/C
London Branch Jacques McKenzie/Sally with Bank ING
Carter Bank, Amsterdam,
60 London 60 London Beneficiary ING
Wall, London Wall, London Address: 60 Bank NV, London
EC2M 5TQ EC2M 5TQ London Wall, Branch
London EC2M A/C No: 50912496
Tel No: 0207 Tel No: 0207 5TQ Ref: Attn Loans
767 1000 767 5926 Admin
Tel No: 0207
Fax No: 0207 Fax No: 0207 767 5956 (b) Dollars: A/C
767 7071 767 7071 with Bank Chase
Fax No: 0207 Manhattan Bank
767 7324 New York,
Beneficiary ING
Bank NV, London
Branch
A/C No: 001 1
938123
Ref: Attn Loans
Admin
(c) Sterling:
A/C with Bank
HSBC Bank PLC,
11
<PAGE>
London.
Beneficiary:
ING Bank NV,
London Branch.
A/C: 00498543
Ref: Attn.
Loans Admin or
Direct on CHAPS.
Sort Code 70 13 46.
--------------------------------------------------------------------------------
Credit Attn: Patrick Attn: Helene (a) Euros:
Industriel et Kitching, Macazaga, Credit
Commercial Relationship Corporate Industriel et
Manager Admin Dept. Commercial
Veritas House, Paris
125 Finsbury Veritas House, Veritas House, SWIFT: CMCIFRPP
Pavement, 125 Finsbury 125 Finsbury A/C:
London EC2A Pavement, Pavement, A00370012960070
1HX London EC2A London EC2A For A/c of CIC
1HX 1HX London re: Reed
Tel No: 0207 Elsevier
454 5400 Tel No: 0207 Tel No: 0207
454 5405 454 5425 (b) Dollars:
Fax No: 0207 Chase Manhattan
454 5454 Fax No: 0207 Fax No: 0207 Bank, New
454 5466 454 5454 York.SWIFT:
CHASUS33 A/C:
Tlx No: 886725 001-1-013646
CICLDN G For A/c of CIC
London re: Reed Elsevier
(c) Sterling:
Direct (CHAPS
700808), London
SWIFT: CMCIGB2L
A/C: 00694126
re: Reed
Elsevier
--------------------------------------------------------------------------------
Lloyds TSB Attn: Mr. Attn: Anne Euros: Lloyds
Bank PLC D.K. Burke Brock TSB Bank Plc,
UKIS, London
71 Lombard Lloyds TSB Lloyds TSB SWIFT
Street Bank Plc, P O Bank Plc, Bank LOYDGB2LXXX
London EC3P Box 787, 6-8 House, Wine Acct No:
3BS Eastcheap, Street, 59032408 for
London EC3M Bristol BS1 Loans admin
Tel No: 7356 1AE 2AN
1455 US$: Bank of New
Tel No: 7661 Tel No: 0117 York, NY
Fax No: 7356 4810 923 3476 Account: Lloyds
1205 TSB Bank Plc,
Fax No: 7661 Fax No: 0117 Loans Admin
4852 923 3367 Acct No: 890
0047 003
Telex No:
888301 Sterling:
Lloyds TSB Bank
Plc, 25 Monument
Street, London
EC3R 8BQ
Sort Code: 30-15-57 for
12
<PAGE>
Loans
Admin Acct No: 00002727
--------------------------------------------------------------------------------
Banco Bilbao Attn: Attn: Maria Euros: Banco
Vizcaya Carolina J. Nardini Bilbao Vizcaya
Argentaria, Sanchez- Argentaria,
S.A. Tabernero 108 Cannon Madrid
Street A/c No.:
108 Cannon Ps. De London EC4N 01820061
Street Recoletos, 10 6EU 700080101098
London EC4N 28001 Madrid Code Swift:
6EU Tel No: 7648 BBVIESMM
Tel No: 00 34 7602 A/C Name: Banco
Tel No: 7623 91 537 8198 Bilbao Vizcaya
3060 Fax No: 7397 Argentaria SA,
Fax No: 00 34 6074 London
Fax No: 7648 91 374 4143
7615 USD: Citibank
Attn: Pedro New York
Cayuela A/C: 36141622
A/C Name: Banco
108 Cannon Bilbao Vizcaya
Street Argentaria,
London EC4N London
6EU
Sterling:
Tel No: 7648 Barclays Bank
7637 Plc, London
A/C No: 10108243
Fax No: 7626 Sort Code: 23-59-
8410 11 A/C Name:
Banco Bilbao Vizcaya
Argentaria SA London
--------------------------------------------------------------------------------
Halifax PLC Attn: Andrew Attn: Peter (a) Euros: KBC
Bramhill Gledhill Bank NV,
33 Old Broad Brussels,
Street, London 33 Old Broad Address: Belgium
EC2N 1HZ Street, London Treasury Ops, 480-9037777-04
EC2N 1HZ Trinity Road, Swift: KREDBEBB
Tel No: 0207 Halifax, W.
574 8038 Tel No: 0207 Yorks (b) Dollars:
574 8072 Bank One
Fax No: 0207 Tel No: 01422 Interntl.corpn.
574 8125 Fax No: 0207 333762 (NY) 1043132
574 8130 Swift: FNBCU533
Fax No: 01422
391442 (c) Sterling:
GBP = 11-99-07
Direct CHAPS
--------------------------------------------------------------------------------
13
<PAGE>
Scotiabank Attn: L. Attn: J. (a) Euro:
Europe PLC Ruckstuhl/A. Coombs/S. Midland Bank Plc
Dent Caller International
Address: Division, 27-32
Scotia House, Scotia House, Scotia House, Poultry, London
33 Finsbury 33 Finsbury 33 Finsbury Swift Code:
Square, London Square, London Square, London MIDLGB22
EC2A 1BB EC2A 1BB EC2A 1BB For A/C of:
Scotiabank
Tel No: 0207 Tel No: 0207 Tel No: 0207 Europe Plc
638 5644 826 5803/5877 826 5881/5807 Acc No: 37860364
Fax No: 0207 Fax No: 0207 Fax No: 0207 (b) Dollars: The
638 8488 454 9019 826 5857 Bank of Nova
Scotia, New
York, USA
ABA No:
026002532
Swift Code:
NOSCUS33
For A/C of:
Scotiabank
Europe Plc
Acc No: 7294-34
(c) Sterling:
Midland Bank Plc
International
Division, 27-32
Poultry, London
Sort Code: 40-
05-15
Swift Code:
MIDLGB22
For A/C of:
Scotiabank
Europe Plc
A/C No:
37862536
Ref: Reed Elsevier
--------------------------------------------------------------------------------
Allied Irish Attn: Sonya Attn: Ian (a) Euros:
Banks PLC Iovieno Finnegan Allied Irish
Banks, Dublin
12 Old Jewry, 12 Old Jewry, Business AIBKIE2D
London EC2R London EC2R Support Unit,
8DP 8DP Corporate (b) US$: Chase
Banking, AIB Manhattan Bank,
Tel No: 0207 Tel No: 0207 Bankcentre, New York
309 3257 309 3257 Ballsbridge, CHASUS33
Dublin 4,
Fax No: 0207 Fax No: 0207 Ireland (c) Sterling:
726 0671 726 0671 Midland Bank,
Tel No: 0207 International
726 8734 Division
MIDLGB22 or
Fax No: 0207 direct on CHAPS
726 8735 40 54 54
--------------------------------------------------------------------------------
14
<PAGE>
BNP Paribas Attn: Silke Attn: Kathryn Euros: Barclays
London Gafron/Mike Harris/Andre Bank London.
Molloy Amarr Acct: BNP
10 Harewood Paribas, London
Avenue Corporate Loans Branch
London, NW1 Banking, Administration, SWIFT: BARC GB 22
6AA BNP Paribas
10 Harewood BNP Paribas
Tel No: 7595 Avenue, 10 Harewood US$: BNP Paribas
2000 London, NW1 Avenue, New York
6AA London, NW1 Acct: BNP
Fax No: 7595 6AA Paribas, London
2555 Tel No: 7595 Branch
4381 Tel No: 7595 BNPA US 3N
6877
Fax No: 7595 Sterling:
2555 Fax No: 7595 Direct Sort
6195 Code: 23-46-35
Acct: BNP
Telex No: Paribas, London
883412 SWIFT: BARC GB 22
--------------------------------------------------------------------------------
Danske Bank Attn: Debbie Attn: (a) Euros:
A/S Dyson/Alan Corporate Danske Bank,
Pettigrew Loans Hamburg (F/O
Address: 75 Administration Danske Bank,
King William 75 King - Alain London) Swift
Street, London William Laviolette Code: DABADEHH
EC4N 7DT Street, London
EC4N 7DT Address: 75 (b) Dollars:
Tel No: 0207 King William Danske Bank,
410 8000 Tel No: 0207 Street, London Cayman Islands
410 8000 EC4N 7DT Branch c/o, New
Fax No: 0207 York Branch, 280
410 8001/0207 Fax No: 0207 Tel No: 0207 Park Avenue, 4th
410 8002 410 8001 410 8000 Floor East
Building New
Fax No: 0207 York, NY10017.
410 8002 Swift Code: DABAUS33
(c) Sterling:
Danske Bank,
London Branch,
75 King William
Street, London
EC4N 7DT
Sort Code: 30-12-81
Swift Code: DABAGB2L
--------------------------------------------------------------------------------
The Fuji Bank Attn: Robert Attn: Richard (a) Euro: Chase
Limited Pettitt - Hiscock - Frankfurt
Assistant Manager, Loans Fuji Bank,
River Plate General Admin Dept. London
House Manager Acc No:
7-11 Finsbury Corporate River Plate 6231600658
Circus Finance Group House Swift Code:
London EC2M 7-11 Finsbury CHASDEFX
7DH River Plate Circus
House London EC2M (b) US$:
Tel No: 0207 7-11 Finsbury 7DH Citibank NA, New
7588 2211 Circus York
London EC2M Tel No: 0207 The Fuji Bank
15
<PAGE>
Tlx No: 7DH 826 3444 Limited
886352/886317 A/c No: 10960427
Answerback: Tel No: 0207 Fax No: 0207 Swift Code:
FUJUBK G 826 3249 588 1400 CITIUS33
Fax No: 0207 Fax No: 0207 (c) Sterling:
588 1400 588 1400 The Fuji Bank
Limited, 7-11
Finsbury Circus,
London EC2M 7DH
Sort Code: 40-50-88
--------------------------------------------------------------------------------
The Dai-Ichi Attn: Trevor Attn: (a) Euros:
Kangyo Bank, C. Bailey Christine Dresdner Bank
Limited Hawkins A.G. Frankfurt
Address: DKB Swift Code:
Address: DKB House, 24 King Address: DKB DRESDEFF
House, 24 King William House, 24 King Acc No: 499
William Street, London William 0804879 411
Street, London EC4R 9DB Street, London
EC4R 9DB EC4R 9DB (b) Dollars: Dai-
Tel No: 0207 Ichi Kangyo
Tel No: 0207 220 9485 Tel No: 0207 Bank, New York
283 0929 220 9541/9539 CHIPS UID 082062
Fax No: 0207 ABA 430
Fax No: 0207 220 9494 Fax No: 0207 Swift Code:
929 3319 626 3648 DKBLUS33
Acc No: 79740
Tlx No: 884042 111153
(c) Sterling:
HSBC, Intl Div.
London Sort
Code: 40-50-69
Swift Code:
MIDLGB22
Acc No: 494277
--------------------------------------------------------------------------------
Industrial Attn: Bruce Attn: Mary Instructions for
Bank of Japan, Fraser/Paolo Roe/Andrew payments of
Limited Volpi Fentiman principal and
interest for Non
Bracken House Bracken House Bracken House US borrower
One Friday One Friday One Friday drawings and all
Street Street Street fees.
London EC4M London EC4M London EC4M
9JA 9JA 9JA (a) Euros:
Deutsche Bank,
Tel No: 0207 Tel No Bruce Tel No. Mary Frankfurt
248 1111 Fraser: 0207 Roe: 0207 815 (DEUTDEFF)
815 2265 2288 Acc: The
Fax No: 0207 Industrial Bank
248 1114 Fax No: 0207 Fax No: 0207 of Japan Ltd
489 1172 248 1114 London Branch
Account Number:
Tel No Paolo Tel No. Andrew 925-923510
Volpi: 0207 Fentiman: 0207
815 2440 815 2290 (b) Dollars:
Bankers Trust
Telex No: Co. New York,
886939 KOGINL New York
G (BKTRUS33)
16
<PAGE>
Acc: The
Attn: Umesh Industrial Bank
Patel of Japan Ltd
Acc No: 04409313
New York Our Chip UID:
Branch 046482
1251 Avenue of Chips ABA No:
the Americas 103
New York, NY
10020-1104, (c) Sterling:
USA The Industrial
Bank of Japan
Tel No: 001 Ltd, London
212 282 4085 (IBJTGB2L)
Chaps/Sort Code:
Fax No: 001 40-51-02
212 282 4480 Acc No: 0049519
Instructions for
payments of
principal and
interest only US
Borrower drawings, (no
fees) including
CHAPS number if
necessary:
(a) Euros:
Deutsche Bank
AG, Frankfurt
Acc No: 9585340-10
Acc Name: The
Industrial Bank
of Japan, New York.
(b) Dollars: Federal Reserve
Bank of New York, New York
ABA 834 UID 053335
ABA 026008345
Acc Name: The
Industrial Bank
of Japan, New York
(c) Sterling: The Industrial
Bank of Japan Ltd, London
(IBJTGB2L) Chaps/Sort Code:
40-51-02 Acc No: 0049519
F/O IBJ, New York
--------------------------------------------------------------------------------
17
<PAGE>
The Bank of Nam: Mr I. Name: Mr Payments via Fed
Tokyo- Coutts-Wood Graham Wire to: The
Mitsubishi, Corporate Dorrington Bank of Tokyo-
Limited Banking Dept Loans Mitsubishi, Ltd
Administration New York Branch
12-15 Finsbury 12-15 Finsbury Dept
Circus, Circus, ABA No: 0260-
London EC2M London EC2M 12-15 Finsbury 0963-2
7BT 7BT Circus, Acc No: 97770191
London EC2M Atten: Loan
Tel No: 020 Tel No: 020 7BT Operations Dept.
7577 1211 7577 1211 Reference: Reed
Tel No: 020 Elsevier
Fax No: 020 Fax No: 020 7 7577 1535
7577 1234 577 1234
Fax No: 020 7
577 1559
Telex: 884811
--------------------------------------------------------------------------------
Sanwa Attn: Kevin Attn: Alan (a) Euros:
International Harrington Lindsay/John Citibank London
Plc Wood (CITI GB 2L)
PO Box 245 A/c Sanwa
PO Box 245 55 Basinghall PO Box 245 International
City Place Street 55 Basinghall plc, London
House London EC2V Street A/c No: 8544883
55 Basinghall 5DL London EC2V (Bit Code:
Street 5DL SANWGB2S)
London EC2V Tel No: 0207
5DJ 330 0523 Tel No: 0207 (b) Dollars:
330 0470/0477 Sanwa Bank Ltd,
Tel No: 0207 Fax No: 0207 New York
330 0523 330 0375 Fax No: 0207 (SANW US33)
330 0420 A/c Sanwa
Fax No: 0207 International,
330 0375 Telex: 887132 London
A/c No: 13838
(c) Sterling:
Barclays Bank
plc, London
(BARC GB22)
A/c Sanwa
International
plc, London
A/c 2014 3537
(Sort Code: 20-
32-53)
(Bit Code:
SANWGB2S)
--------------------------------------------------------------------------------
Westdeutsche Attn: Ian Attn: David Euros:
Landesbank Anderson Williams/Tracey Westdeutsche
Girozentrale Oaks Landesbank
51 Moorgate Girozentrale,
51 Moorgate London 51 Moorgate Dusseldorf A/C
London EC2R 6AE London Westdeutsche
EC2R 6AE EC2R 6AE Landesbank
Tel No: 0207 Girozentrale
Tel No: 0207 970 3461 Tel No: 0207 London Branch
638 6141 457 2228 A/C 13561
18
<PAGE>
Fax No: 0207
Fax No: 0207 457 2108 Fax No: 0207 Chase Manhattan
374 8546 374 8546 Bank New York
E-mail: Westdeutsche
ian_anderson@w E-mail: Landesbank
estlb.co.uk david_williams Girozentrale,
@westlb.co.uk London Branch
tracey_oaks@we US Dollars:
stlb.co.uk Chase Manhattan
Bank, New York
A/C Westdeutsche
Landesbank
Girozentrale,
London Branch
001-1-352267
Sterling:
Westdeutsche
Landesbank
Girozentrale
Address: 51
Moorgate
London
EC2R 6AE
CHAPS Sort Code
60-91-44
--------------------------------------------------------------------------------
Banca Attn: Mr. P. Atten: Miss Euros: Banca
Commerciale Sarcinelli, A. Picci, Head Commerciale
Italiana Head of of Dept. Italiana
S.p.A., London Corporate S.p.A., Milan
Branch Banking - Loans Branch Corso di
90 Queen Northern Department Porta Nuova 7,
Street Europe. 90 Queens 20121 Milano,
London EC4N Desk 7 Street Italy
1SA 90 Queen London EC4N A/c No:
Street 1SA 09949440294
Tel No: 020 London EC4N
7651 3000 1SA Tel No: 020 Sterling:
7651 3117 (CHAPS) 40 50 45
Fax No: 020 Tel No: 020 HSBC Plc, 27-32
7651 3200 7651 3178 Fax No: 020 Poultry, London.
7651 3220 Acc No: 00490915
Telex No: Fax No: 020
885927 COMIT G 7651 3233 Telex No: US$: Banca
885927 COMIT G Commerciale
Telex No: Italiana S.p.A.,
885927 COMIT G New York Branch
CHIPS ID: 62135
Acc No: 10010200001
--------------------------------------------------------------------------------
19
<PAGE>
For drawings
by a US
Borrower or of
the USD
Swingline:
Banca Mr. J. Mr. Jonathan US$: Fedwire
Commerciale Dickerhof Sahr ABA: 026005319
Italiana Short name: BCA
S.p.A., New Banca Banca ITALIANA
York Branch Commerciale Comerciale
One William Italiana Italiana
Street S.p.A., New S.p.A., New
New York, New York Branch, York Branch,
York 10004 One William One William
USA Street, New Street, New
York, New York York, New York
Tel No: 001 10004, USA 10004, USA
212 607 3500
Tel No: 001 Tel No: 001
Fax No: 001 212 607 3896 212 607 3814
212 809 2124
Fax No: 001 Fax No: 001
212 809 2124 212 607 3897
Telex No: MCI Telex No: MCI
6790749 6790749
--------------------------------------------------------------------------------
Cooperatieve Attn: Drs M.A. Attn: Loans Rabobank
Raiffeisen - Paparo, UC- administration International
Boerenleenbank P246 , UC-0325 Utrecht (for
BA K.P. Feitsma Euro)
S. Burggraaf E.J.C.J. de Lloyds Bank PLC,
Address: p/a UC-B447 Wit Sortcode 30-96-
Croeselaan 18, 34, London (for
P.O. Box Address: PO Address: PO Sterling)
17100, 3500 HG Box 17100, Box 17100, Bank of New
Utrecht, The 3500 HG 3500 HG York, New York
Netherlands. Utrecht, The Utrecht, The (for USD)(a)
Netherlands Netherlands Euros: Acc Name: RABONL2U
Tel No: +31 30 Tel No: +31 30 (through EBA)
216 6599/216 216 4620/216 Acc No:
6194 6981 300092741EUR,
Ref:
Fax No: +31 30 Fax No: +31 30 Clientname/loanr
216 6196 216 2947 ef./ UC-325
Contact name:
Loansadministrat
ion.
(b) Dollars: Acc
Name: RABONL2U
Acc No:
89000040580 ABA
001, ABA
0210000018
Ref:
Clientname/Loanr
ef./ UC-0325
Contact name:
Loansadministration
20
<PAGE>
(c) Sterling:
Acc name:
RABONL2U
Acc No: 01174402
Ref:
Clientname/Loanr
ef./UC-0325
Contact name:
Loans
administration
--------------------------------------------------------------------------------
21
<PAGE>
SIGNATURES
The Existing Lenders
DEUTSCHE BANK AG LONDON
By: /s/ Alan Westhead /s/ Sean Malone
MORGAN STANLEY DEAN WITTER BANK LIMITED
By: /s/ Suzanne Walls
MORGAN STANLEY SENIOR FUNDING, INC.
By: /s/ Kevin M. Adeson
The New Lenders
ABN AMRO BANK N.V.
By: /s/ Trevor Neilson
BARCLAYS BANK PLC
By: /s/ Alan Westhead
CITIBANK N.A.
By: /s/ Michael Llewelyn-Jones
MORGAN GUARANTY TRUST COMPANY OF NEW YORK
By: /s/ Alan Westhead
NATIONAL WESTMINSTER BANK PLC
By: /s/ David N. Vaughan
THE TORONTO-DOMINION BANK TORONTO-DOMINION (TEXAS) INC.
By: /s/ Jullie Evans By: /s/ Alva J. Jones
UBS AG
By: /s/ Alan Westhead
BAYERISCHE HYPO-UND VEREINSBANK AG LONDON BRANCH
By: /s/ Alan Westhead
THE SUMITOMO BANK, LIMITED
By: /s/ Alan Westhead
22
<PAGE>
THE GOVERNOR AND COMPANY OF THE BANK OF IRELAND
By: /s/ Suzanne Walls
FLEET NATIONAL BANK
By: /s/ Robert Merrett
ABBEY NATIONAL TREASURY SERVICES PLC
By: /s/ Alison R. Gould
CLYDESDALE BANK PLC
By: /s/ Colin Fyee
WACHOVIA BANK, N.A.
By: /s/ Alan Westhead
ING BANK N.V., LONDON BRANCH
By: /s/ Alan Westhead
CREDIT INDUSTRIEL ET COMMERCIAL
By: /s/ Kevin M. Adeson
LLOYDS TSB BANK PLC
By: /s/ Colin J. Baker
BANCO BILBAO VIZCAYA ARGENTARIA, S.A.
By: /s/ J. Carlos Hidalgo /s/ Manuel Ferro
HALIFAX PLC
By: /s/ Ken Burns
SCOTIABANK EUROPE PLC
By: /s/ Kevin M. Adeson
ALLIED IRISH BANKS, P.L.C.
By: /s/ Kevin M. Adeson
BNP PARIBAS LONDON
By: /s/ Kevin M. Adeson
DANSKE BANK A/S
By: /s/ Kevin M. Adeson
THE FUJI BANK, LIMITED
By: /s/ Robert Pettitt
THE DAI-ICHI KANGYO BANK, LIMITED
By: /s/ Kevin M. Adeson
INDUSTRIAL BANK OF JAPAN, LIMITED
By: /s/ Kevin M. Adeson
23
<PAGE>
THE BANK OF TOKYO-MITSUBISHI, LIMITED
By: /s/ Suzanne Walls
SANWA INTERNATIONAL PLC
By: /s/ Suzanne Walls
WESTDEUTSCHE LANDESBANK GIROZENTRALE
By: /s/ Suzanne Walls
BANCA COMMERCIALE ITALIAN S.P.A., LONDON BRANCH
By: /s/ Paolo Sarcinelli
COOPERATIEVE RAIFFEISEN - BOERENLEENBANK B.A.
By: /s/ Suzanne Walls
This Transfer Certificate is accepted by the Facility Agent and the Transfer
Date is confirmed as 20 December, 2000.
DEUTSCHE BANK AG LONDON
as Facility Agent
By: /s/ Alan Westhead /s/ Sean Malone
Agreed and accepted:
REED ELSEVIER (UK) LIMITED
as Borrowers' Agent
By: /s/ Leslie Dixon
Leslie Dixon, Company Secretary
24
<PAGE>
