November 18, 2002: Teleroute, the leading freight and vehicle exchange in Europe has announced the appointment of Luis Griffo to Country Manager for Teleroute Ibérica, the organisation which manages activities both in Spain and Portugal.

Mr. Griffo will develop and grow Teleroute operations in the Iberian Peninsula and will maintain and further develop its competitive position within this market. Teleroute services have been available in Spain and Portugal for 10 years, but had been run under licensee agreements until Teleroute Ibérica was created earlier this year.

Luis Griffo, 41, brings with him high sales and management experience, specifically in the transport industry from both the Spanish and Portuguese markets. Prior to joining Teleroute, Mr. Griffo was Commercial Director with Redur Transportes, a company engaged in national and international parcel delivery services where he achieved 18% annual growth and doubled sales in 4 years.

Mr. Griffo speaks Spanish, English and Portuguese. He holds a Doctor of Philosophy and Arts from Madrid University, a Master’s degree in Commercial Management from Instituto Empresa and has completed the Executive Development Programme at IESE.

“Luis’s, leadership and experience in both the Spanish and Portuguese markets will be invaluable to us at a time when Teleroute Ibérica is still young and has massive growth potential,” said Raimundo Diaz, Teleroute CEO. “Our expertise in on-line freight and vehicle exchange combined with Luis’ commercial and entrepreneurial skills are a great combination for developing the Ibérica operation into a major part of the Teleroute organization.”

Note for the editor:

About Teleroute

Teleroute, created in 1985, develops and markets the leading on-line freight and vehicle exchange for the road transport industry in Europe. With 56,000 offers posted on a daily basis and consulted by some 35,000 users, it achieves more than €50 M sales in 17 countries. It is part of the Wolters Kluwer group (www.teleroute.com).

About Wolters Kluwer

Wolters Kluwer is a multinational information services company with annual sales of approximately € 3.8 billion, employing approximately 20,000 people in Europe, North America and Asia Pacific. The company’s core activities are Legal, Tax & Business, International Health & Science, and Education. The Wolters Kluwer shares are quoted on the Euronext Amsterdam. The financial results for the year 2002 will be announced on March 11, 2003. (www.wolterskluwer.com).

Teleroute press contact:

Denise Crenwelge
Communication Manager

Phone +32 (0) 2 641 13 60
Fax +32 (0) 2 646 47 78
Email dcrenwelge@teleroute.com