<PAGE>
SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, DC 20549
--------------
SCHEDULE 13D
(Rule 13d-101)
INFORMATION TO BE INCLUDED
IN STATEMENTS FILED PURSUANT
TO RULE 13d-1(a) AND AMENDMENTS
THERETO FILED PURSUANT TO RULE 13d-2(a)
(Amendment No. 2)(1)
MARKETWATCH.COM, INC.
--------------------------------------------------------------------------------
(Name of Issuer)
Common Stock, par value $ .01 per share
--------------------------------------------------------------------------------
(Title of Class of Securities)
570619106
--------------------------------------------------------------------------------
(CUSIP Number)
Philip J. Hoffman
c/o Pearson Inc.
1330 Avenue of the Americas, 7th Floor
New York, New York 10019
(212) 641-2421
--------------------------------------------------------------------------------
(Name, Address and Telephone Number of Person
Authorized to Receive Notices and Communications)
With Copies To:
Howard A. Kenny
Morgan, Lewis & Bockius LLP
101 Park Avenue
New York, New York 10178
(212) 309-6000
December 27, 2000
--------------------------------------------------------------------------------
(Date of Event Which Requires Filing of This Statement)
If the filing person has previously filed a statement on Schedule 13D
to report the acquisition that is the subject of this Schedule 13D, and is
filing this schedule because of Rule 13d-1(e), 13d-1(f) or 13d-1(g), check the
following box. / /
NOTE: Schedules filed in paper format shall include a signed original
and five copies of the schedule, including all exhibits. SEE Rule 13d-7(b) for
other parties to whom copies are to be sent.
(Continued on following pages)
(Page 1 of 17 Pages)
(1) The remainder of this cover page shall be filled out for a reporting
person's initial filing on this form with respect to the subject class of
securities, and for any subsequent amendment containing information which would
alter disclosures provided in a prior cover page.
The information required on the remainder of this cover page shall not
be deemed to be "filed" for the purpose of Section 18 of the Securities Exchange
Act of 1934 or otherwise subject to the liabilities of that section of the Act
but shall be subject to all other provisions of the Act (however, SEE the
Notes).
<PAGE>
CUSIP No. 570619106 13D Page 2 of 17 Pages
--------------------------------- --------------------------------
1 NAME OF REPORTING PERSONS
I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS (ENTITIES ONLY)
PEARSON PLC EIN:
--------------------------------------------------------------------------------
2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP* (a) / /
(b) /X/
--------------------------------------------------------------------------------
3 SEC USE ONLY
--------------------------------------------------------------------------------
4 SOURCE OF FUNDS*
NOT APPLICABLE
--------------------------------------------------------------------------------
5 CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT
TO ITEM 2(d) OR 2(e)
--------------------------------------------------------------------------------
6 CITIZENSHIP OR PLACE OF ORGANIZATION
ENGLAND & WALES
--------------------------------------------------------------------------------
7 SOLE VOTING POWER
NUMBER OF 0
SHARES ----------------------------------------------------
BENEFICIALLY 8 SHARED VOTING POWER
OWNED BY
EACH SEE ITEM 5 OF ATTACHED SCHEDULE
REPORTING ----------------------------------------------------
PERSON WITH 9 SOLE DISPOSITIVE POWER
0
----------------------------------------------------
10 SHARED DISPOSITIVE POWER
SEE ITEM 5 OF ATTACHED SCHEDULE
--------------------------------------------------------------------------------
11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
SEE ITEM 5 OF ATTACHED SCHEDULE
--------------------------------------------------------------------------------
12 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES
CERTAIN SHARES* / /
--------------------------------------------------------------------------------
13 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
SEE ITEM 5 OF ATTACHED SCHEDULE
--------------------------------------------------------------------------------
14 TYPE OF REPORTING PERSON*
CO
--------------------------------------------------------------------------------
*SEE INSTRUCTIONS BEFORE FILLING OUT!
<PAGE>
CUSIP NO. 570619106 13D PAGE 3 of 17 Pages
-------------------------------- --------------------------------
1 NAME OF REPORTING PERSONS
I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS (ENTITIES ONLY)
PEARSON OVERSEAS HOLDINGS LTD. EIN:
--------------------------------------------------------------------------------
2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP* (a) / /
(b) /X/
--------------------------------------------------------------------------------
3 SEC USE ONLY
--------------------------------------------------------------------------------
4 SOURCE OF FUNDS*
NOT APPLICABLE
--------------------------------------------------------------------------------
5 CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT
TO ITEM 2(d) OR 2(e) / /
--------------------------------------------------------------------------------
6 CITIZENSHIP OR PLACE OF ORGANIZATION
ENGLAND & WALES
--------------------------------------------------------------------------------
7 SOLE VOTING POWER
NUMBER OF 0
SHARES ----------------------------------------------------
BENEFICIALLY 8 SHARED VOTING POWER
OWNED BY
EACH SEE ITEM 5 OF ATTACHED SCHEDULE
REPORTING ----------------------------------------------------
PERSON WITH 9 SOLE DISPOSITIVE POWER
0
----------------------------------------------------
10 SHARED DISPOSITIVE POWER
SEE ITEM 5 OF ATTACHED SCHEDULE
--------------------------------------------------------------------------------
11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
SEE ITEM 5 OF ATTACHED SCHEDULE
--------------------------------------------------------------------------------
12 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES
CERTAIN SHARES* / /
--------------------------------------------------------------------------------
13 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
SEE ITEM 5 OF ATTACHED SCHEDULE
--------------------------------------------------------------------------------
14 TYPE OF REPORTING PERSON*
CO
--------------------------------------------------------------------------------
*SEE INSTRUCTIONS BEFORE FILLING OUT!
<PAGE>
CUSIP NO. 570619106 13D PAGE 4 OF 17 PAGES
--------------------------------- -------------------------------
1 NAME OF REPORTING PERSONS
I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS (ENTITIES ONLY)
PEARSON NETHERLANDS B.V. EIN:
--------------------------------------------------------------------------------
2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP* (a) / /
(b) /X/
--------------------------------------------------------------------------------
3 SEC USE ONLY
--------------------------------------------------------------------------------
4 SOURCE OF FUNDS*
NOT APPLICABLE
--------------------------------------------------------------------------------
5 CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT
TO ITEM 2(d) OR 2(e)
--------------------------------------------------------------------------------
6 CITIZENSHIP OR PLACE OF ORGANIZATION
NETHERLANDS
--------------------------------------------------------------------------------
7 SOLE VOTING POWER
NUMBER OF 0
SHARES ----------------------------------------------------
BENEFICIALLY 8 SHARED VOTING POWER
OWNED BY
EACH SEE ITEM 5 OF ATTACHED SCHEDULE
REPORTING ----------------------------------------------------
PERSON WITH 9 SOLE DISPOSITIVE POWER
0
----------------------------------------------------
10 SHARED DISPOSITIVE POWER
SEE ITEM 5 OF ATTACHED SCHEDULE
--------------------------------------------------------------------------------
11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
SEE ITEM 5 OF ATTACHED SCHEDULE
--------------------------------------------------------------------------------
12 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES
CERTAIN SHARES*
--------------------------------------------------------------------------------
13 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
SEE ITEM 5 OF ATTACHED SCHEDULE
--------------------------------------------------------------------------------
14 TYPE OF REPORTING PERSON*
CO
--------------------------------------------------------------------------------
*SEE INSTRUCTIONS BEFORE FILLING OUT!
<PAGE>
CUSIP NO. 570619106 13D PAGE 5 OF 17 PAGES
------------------------------- --------------------------------
1 NAME OF REPORTING PERSONS
I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS (ENTITIES ONLY)
PEARSON AG EIN:
--------------------------------------------------------------------------------
2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP* (a) / /
(b) /X/
--------------------------------------------------------------------------------
3 SEC USE ONLY
--------------------------------------------------------------------------------
4 SOURCE OF FUNDS*
NOT APPLICABLE
--------------------------------------------------------------------------------
5 CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT
TO ITEM 2(d) OR 2(e)
--------------------------------------------------------------------------------
6 CITIZENSHIP OR PLACE OF ORGANIZATION
SWITZERLAND
--------------------------------------------------------------------------------
7 SOLE VOTING POWER
NUMBER OF 0
SHARES ----------------------------------------------------
BENEFICIALLY 8 SHARED VOTING POWER
OWNED BY
EACH SEE ITEM 5 OF ATTACHED SCHEDULE
REPORTING ----------------------------------------------------
PERSON WITH 9 SOLE DISPOSITIVE POWER
0
----------------------------------------------------
10 SHARED DISPOSITIVE POWER
SEE ITEM 5 OF ATTACHED SCHEDULE
--------------------------------------------------------------------------------
11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
SEE ITEM 5 OF ATTACHED SCHEDULE
--------------------------------------------------------------------------------
12 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES
CERTAIN SHARES*
--------------------------------------------------------------------------------
13 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
SEE ITEM 5 OF ATTACHED SCHEDULE
--------------------------------------------------------------------------------
14 TYPE OF REPORTING PERSON*
CO
--------------------------------------------------------------------------------
*SEE INSTRUCTIONS BEFORE FILLING OUT!
<PAGE>
CUSIP NO. 570619106 13D PAGE 6 OF 17 PAGES
----------------------------- --------------------------------
1 NAME OF REPORTING PERSONS
I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS (ENTITIES ONLY)
PEARSON INC. EIN: 51-0261654
--------------------------------------------------------------------------------
2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP* (a) / /
(b) /X/
--------------------------------------------------------------------------------
3 SEC USE ONLY
--------------------------------------------------------------------------------
4 SOURCE OF FUNDS*
NOT APPLICABLE
--------------------------------------------------------------------------------
5 CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT
TO ITEM 2(d) OR 2(e)
--------------------------------------------------------------------------------
6 CITIZENSHIP OR PLACE OF ORGANIZATION
DELAWARE
--------------------------------------------------------------------------------
7 SOLE VOTING POWER
NUMBER OF 0
SHARES ----------------------------------------------------
BENEFICIALLY 8 SHARED VOTING POWER
OWNED BY
EACH SEE ITEM 5 OF ATTACHED SCHEDULE
REPORTING ----------------------------------------------------
PERSON WITH 9 SOLE DISPOSITIVE POWER
0
----------------------------------------------------
10 SHARED DISPOSITIVE POWER
SEE ITEM 5 OF ATTACHED SCHEDULE
--------------------------------------------------------------------------------
11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
SEE ITEM 5 OF ATTACHED SCHEDULE
--------------------------------------------------------------------------------
12 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES
CERTAIN SHARES*
--------------------------------------------------------------------------------
13 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
SEE ITEM 5 OF ATTACHED SCHEDULE
--------------------------------------------------------------------------------
14 TYPE OF REPORTING PERSON*
CO
--------------------------------------------------------------------------------
*SEE INSTRUCTIONS BEFORE FILLING OUT!
<PAGE>
CUSIP NO. 570619106 13D PAGE 7 OF 17 PAGES
---------------------------- -------------------------------
1 NAME OF REPORTING PERSONS
I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS (ENTITIES ONLY)
PEARSON LONGMAN, INC. EIN: 13-2971110
--------------------------------------------------------------------------------
2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP* (a) / /
(b) /X/
--------------------------------------------------------------------------------
3 SEC USE ONLY
--------------------------------------------------------------------------------
4 SOURCE OF FUNDS*
NOT APPLICABLE
--------------------------------------------------------------------------------
5 CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT
TO ITEM 2(d) OR 2(e)
--------------------------------------------------------------------------------
6 CITIZENSHIP OR PLACE OF ORGANIZATION
DELAWARE
--------------------------------------------------------------------------------
7 SOLE VOTING POWER
NUMBER OF 0
SHARES ----------------------------------------------------
BENEFICIALLY 8 SHARED VOTING POWER
OWNED BY
EACH SEE ITEM 5 OF ATTACHED SCHEDULE
REPORTING ----------------------------------------------------
PERSON WITH 9 SOLE DISPOSITIVE POWER
0
----------------------------------------------------
10 SHARED DISPOSITIVE POWER
SEE ITEM 5 OF ATTACHED SCHEDULE
--------------------------------------------------------------------------------
11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
SEE ITEM 5 OF ATTACHED SCHEDULE.
--------------------------------------------------------------------------------
12 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES
CERTAIN SHARES*
--------------------------------------------------------------------------------
13 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
SEE ITEM 5 OF ATTACHED SCHEDULE
--------------------------------------------------------------------------------
14 TYPE OF REPORTING PERSON*
CO
--------------------------------------------------------------------------------
*SEE INSTRUCTIONS BEFORE FILLING OUT!
<PAGE>
CUSIP NO. 570619106 13D PAGE 8 OF 17 PAGES
------------------------------- -------------------------------
1 NAME OF REPORTING PERSONS
I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS (ENTITIES ONLY)
DATA BROADCASTING CORPORATION EIN: 13-3668779
--------------------------------------------------------------------------------
2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP* (a) / /
(b) /X/
--------------------------------------------------------------------------------
3 SEC USE ONLY
--------------------------------------------------------------------------------
4 SOURCE OF FUNDS*
WC (SEE ITEM 3 OF ATTACHED SCHEDULE)
--------------------------------------------------------------------------------
5 CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT
TO ITEM 2(d) OR 2(e) / /
--------------------------------------------------------------------------------
6 CITIZENSHIP OR PLACE OF ORGANIZATION
DELAWARE
--------------------------------------------------------------------------------
7 SOLE VOTING POWER
NUMBER OF 0
SHARES ----------------------------------------------------
BENEFICIALLY 8 SHARED VOTING POWER
OWNED BY
EACH 5,636,814 (1)
REPORTING ----------------------------------------------------
PERSON WITH 9 SOLE DISPOSITIVE POWER
0
----------------------------------------------------
10 SHARED DISPOSITIVE POWER
5,636,814 (1)
--------------------------------------------------------------------------------
11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
5,636,814 (1)
--------------------------------------------------------------------------------
12 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES
CERTAIN SHARES*
--------------------------------------------------------------------------------
13 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
34.4% (1)
--------------------------------------------------------------------------------
14 TYPE OF REPORTING PERSON*
CO
--------------------------------------------------------------------------------
*SEE INSTRUCTIONS BEFORE FILLING OUT!
--------
(1) Includes 5,636,814 shares to be sold to Pearson Overseas Holdings Ltd.
pursuant to a Stock Purchase Agreement, dated as of December 27, 2000,
by and between Data Broadcasting Company and Pearson Overseas Holdings
Ltd.
<PAGE>
ITEM 1. SECURITY AND ISSUER
This Amendment No. 2 ("Amendment No. 2") to the Statement on
Schedule 13D, originally filed on April 7, 2000 and as amended by
Amendment No. 1, filed on May 15, 2000 ("Amendment No. 1", and, as so
amended, the "Statement"), with respect to the common stock, par value
$.01 per share ("Common Stock"), of MarketWatch.com, Inc., a Delaware
corporation (the "Company"), amends Items 3, 4, 5, 6 and 7 and Schedule B
of the Statement. The principal executive office of the Company is 825
Battery Street, San Francisco, California 94111. Information given in
response to each item shall be deemed incorporated by reference in all
other items. Capitalized terms used but not defined in this Amendment No.
2 shall have the respective meanings ascribed to them in the Statement.
ITEM 3. SOURCE AND AMOUNT OF FUNDS OR OTHER CONSIDERATION
Item 3 as set forth in the Statement is amended by the addition
of the following at the end thereof:
The total amount of funds that will be required by Pearson
Overseas to acquire the Common Stock of the Company pursuant to the Stock
Purchase Agreement (as described in the response to Item 4) is $26,887,602.78
(the "DBC Purchase Price"). Pearson Overseas is to obtain the DBC Purchase
Price from its working capital, as well as the working capital of its parent
company, Pearson plc.
As of November 1, 2000, the Secured Promissory Note referred to
in Item 3 has been repaid in full and, upon such repayment, the Stock Pledge
Agreement was automatically terminated pursuant to its terms.
ITEM 4. PURPOSES OF TRANSACTIONS
Item 4 as set forth in the Statement is amended by the addition
of the following at the end thereof:
On December 27, 2000, DBC and Pearson Overseas, entered into a
Stock Purchase Agreement (the "DBC Stock Purchase Agreement"), a copy of
which has been filed as an exhibit hereto. The DBC Stock Purchase Agreement
provides that, upon the satisfaction of certain conditions, Pearson Overseas
will purchase all 5,636,814 shares of Common Stock of the Company from DBC
for the DBC Purchase Price.
ITEM 5. INTEREST IN SECURITIES OF THE ISSUER
Item 5 as set forth in the Statement is amended and restated to read
in its entirety as follows:
(a) DBC owns 5,636,814 shares of Common Stock of the Company (the
"Shares"). Pursuant to the DBC Stock Purchase Agreement (and as a result of its
control relationship with DBC), Pearson Overseas, for purposes of Rule 13d-3
promulgated under the Exchange Act, may be deemed to beneficially own the
Shares. DBC's holding of 5,636,814 shares of Common Stock of the Company
represents approximately 34.4% of the issued and outstanding shares of Common
Stock of the Company. Pearson, Pearson Netherlands, Pearson AG, Pearson Inc.,
and Pearson Longman, which are affiliates of either DBC and Pearson Overseas,
may be deemed to beneficially own the Shares indirectly as a result of their
control relationship with DBC or Pearson Overseas. Any such beneficial ownership
would represent the same shared voting and dispositive power exercised by DBC
over the Shares. Each of the Reporting Persons other than DBC and Pearson
Overseas disclaims beneficial ownership of the Shares.
-9-
<PAGE>
(b) The responses of the Reporting Persons to Items (7) through (11)
of the portions of pages 2 through 8 hereto which relate to shares of Common
Stock beneficially owned are incorporated herein by reference.
(c) Except as described in the response to Item 4, there have been
no transactions in the shares of Common Stock during the past sixty days by any
Reporting Person or any other person listed on Schedule B.
(d) No person is known to have the right to receive or the power to
direct the receipt of dividends from, or the proceeds from the sale of, the
shares of Common Stock beneficially owned by DBC.
(e) Not applicable
Except as described in this response to Item 5, none of the persons
listed on Schedule B beneficially own any shares of Common Stock.
ITEM 6. CONTRACTS, ARRANGEMENTS, UNDERSTANDINGS OR RELATIONSHIPS WITH
RESPECT TO SECURITIES OF THE ISSUER
Item 6 as set forth in the Statement is amended by the addition of
the following at the end thereof:
As a result of Pearson Overseas' acquisition of the Shares from
DBC under the Stock Purchase Agreement, Pearson Overseas shall assume the
rights and obligations of DBC under the Stockholders' Agreement referred to
in Item 6, and DBC shall assign its rights under the Registration Rights
Agreement referred to in Item 6 to Pearson Overseas. The Credit Agreement
referred to in Item 6 expired on October 29, 2000 and there is currently no
indebtedness outstanding thereunder.
See the response to Item 4 regarding the DBC Stock Purchase
Agreement.
A copy of the DBC Stock Purchase has been filed as an exhibit hereto
and is incorporated herein by reference. The foregoing description of the DBC
Stock Purchase Agreement in the response to Item 4 is qualified in its entirety
by reference to such agreement.
ITEM 7. MATERIALS TO BE FILED AS EXHIBITS
The following additional material is filed as an Exhibit to this
Amendment No. 2:
Exhibit A: Stock Purchase Agreement, dated as of December 27, 2000,
between Data Broadcasting Corporation and Pearson Overseas Holdings Ltd.
-10-
<PAGE>
SIGNATURE
After reasonable inquiry and to the best of the knowledge and
belief of each of the undersigned, each of the undersigned certifies that the
information set forth in this statement is true, complete and correct.
Dated: January 8, 2001
Pearson plc
By: /s/ JULIA M. CASSON
--------------------------------
Name: Julia M. Casson
Title: Company Secretary
Pearson Overseas Holdings Ltd.
By: /s/ STEPHEN JONES
--------------------------------
Name: Stephen Jones
Title: Secretary
Pearson Netherlands B.V.
By: MeesPierson Trust B.V.
Managing Director
By: /s/ GEORGE F. NICOLAI
--------------------------------
Name: George F. Nicolai
Title: Director
Pearson AG
By: /s/ JOSEF GRAND
--------------------------------
Name: Josef Grand
Title: Director
Pearson Inc.
By: /s/ THOMAS WHARTON
--------------------------------
Name: Thomas Wharton
Title: Secretary and Vice
President of Taxation
-11-
<PAGE>
Pearson Longman, Inc.
By: /s/ WILLIAM LINCOLN
--------------------------------
Name: William Lincoln
Title: President
Data Broadcasting Corporation
By: /s/ STEVEN G. CRANE
--------------------------------
Name: Steven G. Crane
Title: Executive Vice President
and Chief Executive Officer
-12-
<PAGE>
SCHEDULE B
PEARSON PLC
<TABLE>
<CAPTION>
Name Position Principal Occupation/Business Address
---------------------------- ------------------------------- ----------------------------------------------------------------------
<S> <C> <C>
Lord Stevenson Chairman Director/Little Tufton House, 3 Dean Trench Street, London SW1P 3HB
Marjorie M. Scardino Chief Executive Director/Pearson plc, 3 Burlington Gardens, London W1X 1LE
David C. M. Bell Executive Director Director/Pearson plc, 3 Burlington Gardens, London W1X 1LE
John C. Makinson Finance Director Finance Director/Pearson plc, 3 Burlington Gardens, London W1X 1LE
Lord Burns Non-Executive Director Member of House of Lords/13 North Avenue, London W13 8AP
Gill M. Lewis Non-Executive Director Managing Partner/Heidrick & Struggles, 100 Picaddilly, London W1V 9FN
Reuben Mark Non-Executive Director Chairman and Chief Executive Officer/Colgate-Palmolive Co,
300 Park Avenue, New York, NY 10022-7499
Vernon L. Sankey Non-Executive Director Director/The Cherubs, Parsonnage Lane, Farnham Common, Bucks SL2 3NZ
Rana Talwar Non-Executive Director Director/Standard Chartered Bank PLC, 1 Aldermanbury Square,
London EC2V 7SB
Julia M. Casson Secretary Secretary/Pearson plc, 3 Burlington Gardens, London W1X 1LE
</TABLE>
PEARSON OVERSEAS HOLDINGS LTD.
<TABLE>
<CAPTION>
Name Position Principal Occupation/Business Address
---------------------------- ------------------------------- ----------------------------------------------------------------------
<S> <C> <C>
David H. Colville Director Chartered Accountant/Pearson plc, 3 Burlington
Gardens, London W1X 1LE
John C. Makinson Director Finance Director/Pearson plc, 3 Burlington
Gardens, London W1X 1LE
Peter R. Gill Director Director, Financial Operations/Pearson plc, 3
Burlington Gardens, London W1X 1LE
Marjorie M. Scardino Director Director/Pearson plc, 3 Burlington Gardens,
London W1X 1LE
Alan C. Miller Director Accountant/Pearson plc, 3 Burlington Gardens,
London W1X 1LE
Stephen Jones Secretary Assistant Secretary/Pearson plc, 3 Burlington
Gardens, London W1X 1LE
</TABLE>
-13-
<PAGE>
PEARSON NETHERLANDS B.V.
<TABLE>
<CAPTION>
Name Position Principal Occupation/Business Address
---------------------------- ------------------------------- ----------------------------------------------------------------------
<S> <C> <C>
George F. Nicolai Director Director/MeesPierson Trust, Aert van Nesstraat
45, P.O. Box 548, 3000 AM Rotterdam
Jan Francis van der Drift Director Businessman/Leeteinde 20-22, 1151 AK Broek in
Waterland, Holland
Matthieu van Sint Truiden Director Attorney/Nauta Dutilh, Postbus 7113, 1007 JC
Amsterdam
David H. Colville Director Group Tax Director/Pearson plc, 3 Burlington
Gardens, London W1X 1LE
</TABLE>
PEARSON AG
<TABLE>
<CAPTION>
Name Position Principal Occupation/Business Address
---------------------------- ------------------------------- ----------------------------------------------------------------------
<S> <C> <C>
Peter R. Gill Chairman Director, Financial Operations/Pearson plc, 3
Burlington Gardens, London W1X 1LE
Josef Grand Director Certified Public Accountant/Bundtacherstrasse 35,
8127 Forch, Switzerland
Martin Frey Member Attorney/Baker & McKenzie, Zollikerstrasse 225,
Postfach 57, 8034 Zurich
Philip J. Hoffman Member Chief Executive Officer/The Learning Network Inc.,
1330 Avenue of the Americas, 7th Floor,
New York, NY 10019
</TABLE>
-14-
<PAGE>
PEARSON INC.
<TABLE>
<CAPTION>
Name Position Principal Occupation/Business Address
---------------------------- ------------------------------- ----------------------------------------------------------------------
<S> <C> <C>
Philip J. Hoffman Director Chief Executive Officer/The Learning Network Inc.,
1330 Avenue of the Americas, 7th Floor,
New York, NY 10019
Randall Keller Director, Executive Head of Human Resource Dept./Pearson Inc.,
Vice President - Human 1330 Avenue of the Americas, 7th Floor, New
Resources York, NY 10019
John C. Makinson Director Finance Director/Pearson plc, 3 Burlington Gardens,
London W1X 1LE
Thomas Wharton Director, Vice Vice President of Taxation/Pearson Inc., 1330
President of Taxation, Avenue of the Americas, 7th Floor, New York,
Secretary NY 10019
Mike Fortini Vice President Vice President of Finance/Pearson Inc., 1330
Avenue of the Americas, 7th Floor, New York,
NY 10019
Shaheda Sayed Assistant Secretary Director of Taxation/Pearson Inc., 1330
Avenue of the Americas, 7th Floor, New York,
NY 10019
Kenneth J. Lockhart Vice President of Real Vice President of Real Estate/Pearson plc,
Estate 3 Burlington Gardens, London W1X 1LE
Richard Koplitz Vice President of Vice President of Global Purchasing/Pearson
Global Purchasing Inc., 1330 Avenue of the Americas, 7th Floor,
New York, NY 10019
Susan Costomiris Controller Controller/Pearson Inc., 1330 Avenue of the
Americas, 7th Floor, New York, NY 10019
</TABLE>
PEARSON LONGMAN, INC.
<TABLE>
<CAPTION>
Name Position Principal Occupation/Business Address
---------------------------- ------------------------------- ----------------------------------------------------------------------
<S> <C> <C>
William Lincoln President Vice President of Operations/Pearson Television
North America, 2700 Colorado Ave., Suite 450,
Santa Monica, CA 90404
Mark Nieker Treasurer President/Headland Digital Media, Inc.,
444 Spear Street, San Francisco, CA 94105
William Cowan Assistant Secretary Attorney/Rosenthal & Schanfield
55 East Monroe, Suite 4620, Chicago, IL 60603
</TABLE>
-15-
<PAGE>
DATA BROADCASTING CORPORATION
<TABLE>
<CAPTION>
Name Position Principal Occupation/Business Address
---------------------------- ------------------------------- ----------------------------------------------------------------------
<S> <C> <C>
Stephen Hill Director and Chief Executive Officer/The Financial Times
Chairman Group, 1 Southwark Bridge, London SE1 9HL
Stuart J. Clark Director, President President and Chief Executive Officer/Data
and Chief Executive Broadcasting Corporation, 22 Crosby Drive,
Officer Bedford, MA 01730
John Fallon Director Communications Director/Pearson plc, 3 Burlington
Gardens, London W1X 1LE
Philip J. Hoffman Director Chief Executive Officer/The Learning Network Inc.,
1330 Avenue of the Americas, 7th Floor,
New York, NY 10019
Gloria Samuels Director Chief Executive Officer/Pearson Technology
Centre, 200 Old Tappan Road, Old Tappan, NJ 07675
Giles Spackman Director Finance Director/The Financial Times Group, One
Southwark Bridge, London SE1 9HL
Dr. Donald P. Greenberg Director Professor/Cornell University, 580 Rhodes Hall
Ithaca, NY 14853
Alan J. Hirschfield Director Vice Chairman/J NET Enterprises, Inc., 3490
Clubhouse Drive, I-2 Wilson, WY 83014
Allan R. Tessler Director Chief Executive Officer/J NET Enterprises, Inc.,
4020 W. Lake Creek Drive, Ste. 100,
Wilson, WY 83014
Steven G. Crane Executive Vice Executive Vice President and Chief Financial
President and Chief Officer/Data Broadcasting Corporation, 22 Crosby
Financial Officer Drive, Bedford, MA 01730
Andrea H. Loew Vice President, Vice President, General Counsel and
General Counsel and Secretary/Data Broadcasting Corporation, 22
Secretary Crosby Drive, Bedford, MA 01730
John King Chief Operating Chief Operating Officer/Interactive Data
Officer Corporation, 22 Crosby Drive, Bedford, MA 01730
</TABLE>
-16-
<PAGE>
EXHIBIT INDEX
The following additional material is filed as an Exhibit to this
Amendment No. 2:
Exhibit A: Stock Purchase Agreement, dated as of December 27, 2000,
between Data Broadcasting Corporation and Pearson Overseas Holdings Ltd.
-17-
