PRESS RELEASE American Banker Launches American Banker Texas

They are distributed to approximately 21,000 directors
and corporate governance professionals.

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CEO Succession Planning: A New Survey from Directors + Boards

Conducted in November 2004, the survey generated 579 responses
from directors and senior level executives of publicly-held companies,
in addition to directors and executives of private and non-profit
entities.

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American Banker publishes numerous special reports and several e-newsletter
alerts including, the Daily Briefing and the Morning Scan.

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American Banker Texas will target and reach community banking
executives throughout the Texas region.americanbanker.
Of those companies which do have a formal CEO succession plan,
more than 60% have had the plan in place for less than two years.com
Directors + Boards (www.

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For more than 170 years, American Banker has been the banking and financial
services industry premier daily source of information, news, and analysis
and is one of the most influential readerships in B-to-B publishing.com) is the leading
journal of corporate governance thought leadership, read by more than
5,000 CEOs, outside directors and other corporate governance
professionals each quarter.

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For more
information, contact Scott Chase at GRID Media, 301-879-1613, or by
email at scottchase@verizon.

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For more information about American Banker, visit www.

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The journal is edited by James Kristie and
published by Robert Rock.

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With a readership of
more than 77,000, the publication covers topics including national and
global issues, mortgages, consumer finance, legislation, investment
products, card and payment systems and technology.

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"We want to be the
leading independent provider of news to community bankers; to do that we
need to deliver information about their core markets and competitors. It is distributed across the
country to executives of large and small banks alike.
American Banker's online counterpart, www.

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American Banker Texas will offer original local coverage by its already
nationally recognized journalists.

Publications of interest to travel industry professionals .

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Neal award for News Reporting in 2002. The complete results of the survey will be
published in a special Boardroom Briefing in March 2005. For additional information on the
survey, contact publishing director David Shaw, 301-963-6162 at
dshaw@directorsandboards.

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Additionally, American Banker Texas
will provide selected content from the national American Banker,
SourceMedia sister publications , regulatory agencies and regional business
publications.

"American Banker Texas will allow us to better serve the many financial
services professionals for whom banking remains a local endeavor ," said
David Longobardi, editor in chief of American Banker.

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com.com, combines
proprietary information with a range of relevant content from third
parties, including SourceMedia, Informa Research, Dow Jones, and more.

SourceMedia provides market information, including news, analysis, and
insight to the financial services and related industries such as accounting
and technology, through its publications , industry-standard data
applications, seminars and conferences. Of
those companies without a formal plan, only 29% are currently working
on a plan.

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American Banker, the banking and financial
services industry's premier daily newspaper published by SourceMedia,
announces the launch of American Banker Texas.
Sponsorship and advertising opportunities are available.

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About American Banker and SourceMedia, Inc.186
billion in annual revenues.

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Boardroom Briefings are a joint publication of the NACD and
Directors + Boards, and focus on single topics of critical interest to
board members .

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americanbanker. More than 32% of these companies say they have no plans to
formalize their succession planning.

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American
Banker's editorial staff has won numerous journalism awards, including the
Jesse H.

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"American Banker Texas will not only offer our subscribers relevant local
coverage, but provide vendors to the market a cost-effective platform to
regionally target their products and services ," added Bruce Morris,
president of SourceMedia's Banking & Corporate Groups and publisher of
American Banker.

American Banker is a daily newspaper that provides news and analysis to the
banking and financial services industry. The first Boardroom Briefing,
published in the fourth quarter of 2004, tackled the issue of the
relevance of annual meetings.

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Business Editors

WASHINGTON ----A new survey by
Directors + Boards magazine, in association with the National
Association of Corporate Directors (NACD), shows that the vast
majority of corporate board members rate formal CEO succession
planning as 'very important' or 'important' to the health and
profitability of their company, but that nearly half of companies do
not have a formal succession plan for the CEO position .

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This will be the first of a
series of state and regional online news services for financial services
professionals.

The companies represented by the respondents averaged $2.net.