Profile: The McGraw-Hill Companies, Inc. (MHP)

The McGraw-Hill Companies, Inc., incorporated in December 1925, is a global information services provider serving the financial services, education and business information markets with a range of information products and services. The Company serves additional markets, such as energy, automotive, construction, aerospace and defense, broadcasting, and marketing information services. The Company serves its customers through a range of distribution channels, including printed books, magazines and newsletters, online via Internet Websites and digital platforms, through wireless and traditional on-air broadcasting, and through a range of conferences and trade shows. The Company’s books and magazines are printed by third parties. The Company operates in three segments: McGraw-Hill Education (MHE), Financial Services, and Information and Media. In April 2008, The McGraw-Hill Companies, Inc. announced the acquisition of Umbria Inc., a marketing company that specializes in social media and consumer-generated media research. In December 2009, the Company completed the sale of BusinessWeek to Bloomberg L.P.

McGraw-Hill Education

MHE is a global provider of instructional, assessment and reference products and solutions. This segment consists of two operating groups: the School Education Group (SEG), serving the elementary and high school (el-hi) markets, and the Higher Education, Professional and International (HPI) Group, serving the college and university, professional, international and adult education markets. MHE has offices in 33 countries and it publishes in more than 60 languages. Its resources are delivered across a range of print and digital platforms to benefit students, educators and professionals at all levels of learning. The SEG provides a range of print and digital instructional materials that engage and empower students in pre- kindergarten through high school. Its major brands include Macmillan/McGraw-Hill, SRA, Wright Group and Glencoe.

The Company’s Assessment and Instruction Brands, CTB/McGraw-Hill and The Grow Network, offers summative and formative assessments, and help customers meet accountability requirements at all levels of education, and advance learning through assessment, reporting and data-driven instruction linked to rigorous standards and teacher education. HPI is a provider of educational content to college students and professionals worldwide through a range of media, including e-books, traditional print and custom publishing materials, as well as downloads to Moving Picture Experts Group layer-three audio (MP3) players and other handheld wireless devices.

McGraw-Hill Professional offers services for people seeking personal and professional growth. Professional Group’s offerings during the year ended December 31, 2008, include When Markets Collide by Mohamed El-Erian; Make or Break by Kaj Grichnik, and Conrad Winkler and Jeffrey Rothfeder and Zero to One Million by Ryan P. Allis.

Financial Services

The Financial Services segment operates under the Standard & Poor’s (S&P) brand. This segment provides services to investors, corporations, governments, financial institutions, investment managers and advisors globally. The Financial Services segment consists of two operating groups: Credit Market Services and Investment Services. Credit Market Services provides independent global credit ratings, credit risk evaluations, and ratings-related information and products. Credit Market Services also provides ratings-related information through its RatingsXpress and RatingsDirect products, in addition to credit risk evaluation services. Investment Services provides financial data, information, indices and research.

S&P is a provider of investment research, market indices, credit ratings, financial data and fixed income research and analysis. In 2008, S&P published more than 1 million new and revised ratings and rated approximately $2.8 trillion in new debt. Standard & Poor’s Investment Services offers benchmark portfolio indices, the S&P 500 in the United States and, globally, the S&P 1200. More than $1.5 trillion in assets around the world are directly tied to S&P indices, and more than $5 trillion in assets are benchmarked to them. S&P’s Capital IQ brand provides a set of tools for market analysis, financial modeling, screening and the fundamental analysis of over 58,000 public and 1.5 million private companies, as well as 14,000 capital firms. S&P also licenses its independent equity, market and economic research to over 1,000 institutions, including securities firms, banks and life insurance companies.

As of December 31, 2008, S&P offered fundamental investment opinions on 2,000 securities globally, including over 1,500 in the United States. In 2008, S&P launched a service, which brings together parts of S&P’s business that provide data, analytics and research for fixed income securities for participants in the debt, structured finance and credit markets.

Information and Media

The Information & Media segment includes business, professional and broadcast media, offering information, insight and analysis. The segment consists of two operating groups: the Business-to-Business Group (including brands, such as BusinessWeek, J.D. Power and Associates, McGraw-Hill Construction, Platts and Aviation Week) and the Broadcasting Group, which operates nine television stations, four ABC affiliated and five Azteca America affiliated stations. Platts is a provider of energy and metals information, offering real-time news, pricing, analytical services and conferences to customers in more than 150 countries. J.D. Power and Associates is a global marketing information brand that conducts independent surveys of customer satisfaction, product quality and buyer behavior in more than 60 countries. It serves business sectors, including autos, electronics, finance, healthcare, insurance, telecom and travel.

BusinessWeek reaches audiences through its print magazine, Website and online offering, Business Exchange. BusinessWeek drives global conversations about important issues. McGraw-Hill Construction connects people, projects and products across the $4.6 trillion global design and construction industry. Aviation Week provides news and information to the $2 trillion global aviation, aerospace and defense industries, serving over 1.2 million professionals in 185 countries. The Broadcasting Group provides news, analysis and local expertise, through its four ABC-affiliated television stations, including KMGH (Denver), WRTV (Indianapolis), KGTV (San Diego) and KERO (Bakersfield, California), as well as through the Azteca America Spanish-language television affiliates and online content.