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CCH Names Sabbatis to Lead U.S. Tax and Accounting Business

(RIVERWOODS, ILL., January 15, 2007) – CCH, a Wolters Kluwer business announced today that Mike Sabbatis has been named to the newly created position of President, CCH Tax and Accounting, U.S. CCH is a leading provider of tax and accounting law information, software and services (CCHGroup.com), and is part of Wolters Kluwer Tax and Accounting. The new position further strengthens CCH’s dedicated focus on tax and accounting professionals in the United States and advances its leadership position as the Professional’s First Choice.

“This is a very exciting time for CCH and our customers,” said Wolters Kluwer Tax and Accounting CEO, Kevin Robert. “Mike’s passion, professionalism and deep understanding of our customers’ needs will inspire exceptional performance by CCH and great results for our customers.” The new position is effective immediately.

Along with the presidents of CCH Asia/Pacific, CCH Canada and CCH Small Firm Services, Sabbatis will report to Robert. In his role as CEO of Wolters Kluwer Tax and Accounting, Robert will focus on its overall performance, the four operating units and the execution of Wolters Kluwer’s strategic plan in tax and accounting markets globally.

As the head of CCH’s tax and accounting business in the U.S., Sabbatis will drive CCH to the next level of market leadership as it rolls out its .NET strategy, streamlines technology and continues to build out its research platform and products through content and tools integration.

“I’m honored to have the opportunity to lead an organization with such longstanding respect and success in the market and I look forward to furthering CCH’s leadership as a strategic partner to tax and accounting professionals in the U.S.,” Sabbatis said.

Sabbatis’ dedication and leadership have enhanced the CCH tax and accounting group since he joined the unit as the head of Business Development in 2002. Most recently, Sabbatis served as Executive Vice President of Global Sales and Marketing for CCH where his leadership and strategic vision produced strong growth in CCH’s tax and accounting business.

During his 24 years in the software, technology and information industries, Sabbatis has successfully led activities in sales, marketing, business development and consulting. Before joining CCH, Sabbatis served as interim CMO for Advantage MOTI, a division of Datamatics, where he pioneered the launch of Business Process Outsourcing of accounting functions to professional service firms. Sabbatis was also formerly vice president of Business Development and Strategic Accounts for Thomson Tax and Accounting, where he led business development initiatives, National Accounts, Corporate Key Accounts and Professional Service Key Accounts for the compliance, accounting and information lines of business. In addition, Sabbatis was vice president for sales and consulting for CLR/FastTax and was a division sales manager and national account representative with CCH Computax, Inc.

About CCH, a Wolters Kluwer business

CCH, a Wolters Kluwer business (CCHGroup.com) is a leading provider of tax, audit and accounting information, software and services. It has served tax, accounting and business professionals and their clients since 1913. Among its market-leading products are The ProSystem fx® Office, CCH® Tax Research Network™, Accounting Research Manager® and the U.S. Master Tax Guide®. CCH is based in Riverwoods, Ill. Wolters Kluwer is a leading global information services and publishing company. The company provides products and services for professionals in the health, tax, accounting, corporate, financial services, legal and regulatory, and education sectors. Wolters Kluwer has annual revenues (2005) of €3.4 billion, employs approximately 18,400 people worldwide and maintains operations across Europe, North America, and Asia Pacific. Wolters Kluwer is headquartered in Amsterdam, the Netherlands. Its shares are quoted on the Euronext Amsterdam (WKL) and are included in the AEX and Euronext 100 indices. For more information, visit www.wolterskluwer.com.

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