IHS Acquires Jane's Information Group

    Move Creates Global Powerhouse for Aerospace, Defense and Security
Insight and Analysis

    ENGLEWOOD, COLO., June 12 /CNW/ - IHS Inc. (NYSE:   IHS), a global provider
of critical technical information, decision-support tools and related
services, announced today it has acquired Jane's Information Group (Jane's), a
leading provider of information to the defense industry and governments, from
The Woodbridge Company Limited. IHS purchased Jane's substantially through the
issuance of 4.399 million shares of new IHS common stock, which translates to
approximately $183.5 million (U.S.) based on the June 11, 2007 closing price
of $41.71 for IHS stock. As part of the transaction, Woodbridge has agreed to
a three-year lock-up agreement that restricts its ability to sell any IHS

    "IHS is extremely pleased to welcome Jane's into the IHS family of brands
which includes IHS and CERA (Cambridge Energy Research Associates)," said
Jerre Stead, chairman and chief executive officer of IHS. "Our strategy is to
grow our business of proprietary content and decision-support tools. The
addition of Jane's is a perfect complement to the products and services IHS
offers today, and reflects our vision to be the source for critical
information and insight."

    IHS and Jane's are both global operators with long-standing customer
relationships in aerospace, defense and government. The acquisition enhances
the position of IHS in these industries, the company's second-largest industry
vertical after energy. IHS is a leading provider of military and aerospace
parts, standards, and regulatory databases, and related decision-support tools
and services. The combination of these IHS assets with the information,
insight, analysis and brand of Jane's allows IHS to deliver an unparalleled
suite of products and services.

    "The combination of IHS and Jane's clearly strengthens both companies and
creates more growth and greater opportunities to increase value for our
customers," said Alfred Rolington, chief executive officer of Jane's. "We look
forward to enhancing the critical information and insight on which governments
and businesses have come to rely to make critical decisions."

    The growing shared interest of the defense establishment and energy
industry in the security and production of oil and gas around the world
presents another opportunity, positioning the combined companies as a global
leader in energy security issues.

    "The convergence of energy and security issues in recent years has driven
markets and prices on a daily basis and placed energy security squarely at the
forefront of the minds of everyone from governments to businesses to
individuals," said Daniel Yergin, executive vice president of IHS and chairman
of CERA. "The insight and expertise that IHS and CERA provide in the energy
arena, now coupled with Jane's depth and quality of security analysis, will be
a unique, broad-based source of timely information, knowledge and insight into
a range of energy security issues around the world."

    Jane's was founded in 1898 and is a world-leading provider and publisher
of information and analysis on global defense and security. Governments,
militaries, business leaders and academics in more than 180 countries rely on
Jane's for timely and insightful information on threat and security issues.
Jane's has offices in seven locations worldwide and an international network
of researchers, correspondents and journalists, who provide the depth and
quality of Jane's editorial expertise and independence. Jane's offers a full
range of information solutions including: military systems, equipment and
analysis; country-by-country internal and external security and threat
assessments; defense news and analysis; business risk assessments; airport
news equipment and services information; railroad and urban transportation
systems; and police and law enforcement news and equipment information.

    IHS is a leading provider of critical information, products, solutions
and services to governments and corporations in more than 100 countries. IHS
has been in business for nearly 50 years and maintains the most comprehensive
databases of their kind employing proprietary processes and technology to
collect, manage and deliver a vast inventory of information in the aerospace,
defense, energy, electronics, construction and automotive industries.

    Jefferies & Company, Inc. acted as financial adviser to IHS. Greenhill &
Co. advised Woodbridge.

p.m. (MDT), 5:00 p.m. (EDT)

    A conference call with IHS Chairman and CEO Jerre Stead to discuss the
IHS acquisition of Jane's Information Group will be conducted Tuesday, June 12
at 3:00 p.m. Mountain time/5:00 p.m. Eastern time. Media and investors can
participate on the call by visiting the IHS website at
http://www.ihs.com/Investor-Relations/ir-calendar.htm and logging on at least
15 minutes prior to the start of the call, or by dialing 1-800-591-6942 and
entering the passcode 49177640.

    About IHS (www.ihs.com)

    IHS (NYSE:   IHS) is a leading provider of critical technical information,
decision-support tools and related services to customers around the world. Our
data and services are used primarily by the energy, defense, aerospace,
construction, electronics, and automotive industries. IHS translates the value
of our global information, expertise and knowledge to enable customer success
and create customer delight on a daily basis. Ranging from governments and
large multinational corporations to smaller companies and technical
professionals in more than 100 countries, customers rely on our offerings to
facilitate decision making, support key processes and improve productivity.
IHS has been in business for nearly 50 years and employs more than 2,500
people in 35 locations around the world.

    IHS FORWARD-LOOKING STATEMENTS: This release may contain forward-looking
statements as defined in the Private Securities Litigation Reform Act of 1995.
Forward-looking statements are statements that are not historical facts. Such
statements may include financial projections and estimates and their
underlying assumptions, statements regarding plans, objectives and
expectations with respect to future operations, products, and services, and
statements regarding future performance. Forward-looking statements are
generally identified by the words "expect," "anticipate," "believe," "intend,"
"estimate," "plan" and similar expressions. Although IHS and its management
believe that the expectations reflected in such forward-looking statements are
reasonable, investors are cautioned that forward-looking information and
statements are subject to various risks and uncertainties--many of which are
difficult to predict and generally beyond the control of IHS--that could cause
actual results and developments to differ materially from those expressed in,
or implied or projected by, the forward-looking information and statements.
These risks and uncertainties include those discussed or identified by IHS
from time to time in its public filings. Other than as required by applicable
law, IHS does not undertake any obligation to update or revise any
forward-looking information or statements. Please consult our public filings
at www.sec.gov or www.ihs.com.

    IHS is a registered trademark of IHS Inc. All other company and product
names may be trademarks of their respective owners. Copyright (C) 2007 IHS
Inc. All rights reserved.


For further information:

For further information: IHS News Media Contact: Ed Mattix, +1
303-397-2467 ed.mattix@ihs.com or Investor Relations Contact: Jane Okun +1
303-397-2747 jane.okun@ihs.com or Woodbridge Contact: Nigel Harrison, +1
704-364-7157 nigel@greysfinancial.com

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