Press Release

WALTHAM, Mass. – Feb. 4, 2008 – Wolters Kluwer Financial Services today announced that its content management tool CCH® Policies and Procedures Written Supervisory Procedures (WSP) Online, which helps both large and small broker-dealers assemble and update policies and procedures required by regulators, has expanded its coverage to help broker-dealers meet a new anti-money laundering (AML) rule that takes effect tomorrow.

The Financial Crimes Enforcement Network’s (FinCEN) final rule under Section 312 of the USA PATRIOT Act requires financial institutions to apply enhanced due diligence procedures when opening accounts for certain foreign banks. Beginning tomorrow, Feb. 5, financial institutions must apply the rule to new accounts. The deadline for documenting enhanced due diligence for existing accounts is May 5, 2008.

WSP Online’s AML section has been revised to address this new rule and help broker-dealers easily update their written supervisory procedures manuals.

“This is just one example of the regulatory changes that are constantly taking place within the financial industry,” said Peter Berkery, general manager of Securities Compliance Solutions at Wolters Kluwer Financial Services. “Our goal is to ease the burden of monitoring these changes and help broker-dealers ensure they are continually in compliance with written procedure rules.”

WSP Online helps compliance departments meet FINRA®, NYSE®, MSRB and SEC regulatory rules by tracking, updating and interpreting a wide variety of compliance issues, including anti-money laundering regulations, supervisory controls and insider trading. Broker-dealers use this information and technology to easily create, customize and update a manual for their business and employees.

About Wolters Kluwer Financial Services

Wolters Kluwer Financial Services provides best-in-class compliance, content, and technology solutions and services that help financial organizations manage risk and improve efficiency and effectiveness across their enterprise. The organization’s prominent brands include Bankers Systems, VMP® Mortgage Solutions, PCi, GulfPak, Desert Document Services, AppOne®, GainsKeeper®, CCH® Capital Changes, NILS INsource®, AuthenticWeb™ and CCH Wall Street®.

Wolters Kluwer Financial Services’ solutions include integrated and stand-alone compliance and work flow tools, documentation, analytics, authoritative information, and professional services. Customers include banks, credit unions, mortgage lenders, and securities and insurance organizations of all sizes throughout the United States. For more information on Wolters Kluwer Financial Services, visit www.WoltersKluwerFS.com.

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 sectors. Wolters Kluwer has annual revenues (2006) of € 3.4 billion, employs approximately 18,450 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.