THE DEAL FORMS ALLIANCE WITH YAHOO!

Agreement integrates TheDeal.com s content into Yahoo! News and promotes subscriptions to The Deal's print and electronic publications

June 3, 2003--New York, N.Y.--The Deal LLC, a media company recognized as the provider of must-read news, statistics and analysis to the deal community worldwide announced today an agreement with Yahoo! Inc. to make TheDeal.com's (www.thedeal.com) top articles of the day available through Yahoo! News (http://news.yahoo.com ), one of the Web's leading news sites.

As part of the agreement, Yahoo! News will host top stories from TheDeal.com each day and promote subscriptions to The Deal's print and electronic publications via The Deal's subscription center. Interested users will be able to purchase subscriptions to The Deal's daily, weekly and monthly publications.

"This relationship allows us to widen our readership base to the millions who use Yahoo! News daily, while attracting potential subscribers to TheDeal.com, The Daily Deal and The Deal magazine," said Kevin Worth, president and CEO of The Deal. "Yahoo!'s choice of TheDeal.com speaks to the value of our editorial voice in the world of professional dealmaking, which more and more business professionals come to rely on every day."

"Yahoo! News is focused on offering our millions of users the most comprehensive and up-to-date news available online," said Chris McGill, director of Yahoo! News and Information. "This agreement adds the highly respected news and analysis on financial deals and dealmakers from The Deal to Yahoo! News and brings more focused, need-to-know financial news to our users." The Deal joins a rapidly growing list of Publishers online with Olive's software and microfilm digitization products. Olive provides software and services to more than 120 newspaper and magazine titles worldwide. Olive also has a number of customers in the library market.

About The Deal
The Deal is a diversified media company dedicated to providing must-read financial news, commentary, data and services to corporate and financial dealmakers, their advisers and investors worldwide. Through The Deal, The Daily Deal, TheDeal.com and Corporate Control Alert, the company gathers, reports and disseminates information that offers a detailed look at transactions, industry sectors and financial services, along with the personalities and players who are the central figures driving change in the global economy. Investors in The Deal, a privately held company, include majority owner U.S. Equity Partners, a private investment fund sponsored by Wasserstein & Co. LP, and Rustic Canyon Ventures, one of the largest venture capital funds in Southern California.