PRIMEDIA’S REGISTERED REP MAGAZINE HONORS AMERICA’S LEADING STOCKBROKERS

22nd Annual Outstanding Broker Awards Recognize Ten Innovative and Successful Financial Advisors

New York - April 25, 2002 – What does it take to be an outstanding broker? PRIMEDIA’s Registered Rep magazine, the source of information for investment professionals, announced today its selections for the 22nd Annual Outstanding Broker Awards. With the world of the stockbroker undergoing unprecedented change, Registered Rep editors accepted nominations in their search to distinguish and honor some of America’s most innovative and successful financial advisors. The editors then surveyed branch managers, headhunters, clients, consultants and senior executives (such as Merrill Lynch’s David Komansky), and put the question to them: What makes a broker good? The 2002 Awards recognize 10 leading brokers from various parts of the country who are recognized by their peers as being among the best financial advisors in the business.

“We surveyed brokers and advisors from around the country, and we closely examined the brokers who seemed to have mastered the science—or should I say, art—of wealth management,” said David Geracioti, editor of PRIMEDIA’s Registered Rep magazine. “These awards are not about who is making the most money. I know it sounds squishy but it’s what we found to be true. What makes an advisor a talented one is his ability to help his clients articulate and define their financial goals and then to create a prudent plan to achieve them. In fact, with the equity markets being so tough, only brokers who have the talent to bring to their clients the full compliment of wealth management services—by that I mean taxes, estate planning and the like—will survive.”

The winners of the 2002 Outstanding Broker Awards are being honored in the May issue of PRIMEDIA’s Registered Rep magazine and in recognition of their professional achievements, a special profile section is devoted to each of them. The honorees for this year are:

· Mark Cortazzo – Macro Consulting Group, SII Investments (Parsippany, NJ)

· Angeli Forster – Forster Retirement Group, UBS PaineWebber (San Diego, CA)

· Carl Stuart – Carl Stuart Investment Advisor Inc., Raymond James (Austin, TX)

· Erik Weir – Weir Capital Management, Round Hill Securities (Walnut Creek, CA)

  • Herman Rij -- Rij, Osborn & Cort Group, Merrill Lynch (Allentown, PA)

· Darius Sanandaji – Morgan Stanley (Oak Brook, IL)

· Mark J. Snyder – Mark J. Snyder Financial Services, clearing through Royal Alliance, a unit of Sun America (Medford, NY)

· Richard Hearn – Starcare Associates, Linsco/Private Ledger (Newport Beach, CA)

· Joseph Evelo – The Evelo Group, Salomon Smith Barney (Cincinnati, OH)

· Robert Mitchell Jr. – A. G. Edwards & Sons (Greensboro, NC)

The May issue of PRIMEDIA’s Registered Rep magazine is currently available and additional information about the winners for the 2002 Outstanding Broker Awards can be found at www.registeredrep.com.

About PRIMEDIA’s Registered Rep magazine

Registered Rep is the preferred magazine of retail investment professionals. Each monthly issue reaches approximately 92,000 loyal subscribers who control trillions of dollars of assets for more than 30 million investors. These powerful financial advisers are licensed to sell a broad range of investment products and rely on Registered Rep's rich portfolio of timely features, articles, departments and columns. Registered Rep is part of PRIMEDIA's Financial Services group that also includes Trusts & Estates, National Real Estate Investor and Shopping Center World. These are among the 90 PRIMEDIA Business Magazines and part of PRIMEDIA (NYSE: PRM), the world's largest targeted media company. More information about the Registered Rep can be found at www.registeredrep.com.

About PRIMEDIA

PRIMEDIA is the new tradition in media. With 2001 sales of $1.7 billion from a unique combination of traditional and new media properties, it is the leading targeted content and integrated marketing solutions company in both the consumer and business-to-business sectors. The Company is the #1 special interest magazine publisher in the U.S., with more than 290 titles such as Seventeen, Automobile, Motor Trend, New York, Fly Fisherman, American Baby, Telephony and American Demographics; the #1 producer and distributor of specialty video with 18 satellite and digital video product lines, including Channel One Network; and the #1 news and information group on the Internet, led by About.com. PRIMEDIA's stock symbol is: NYSE: PRM. More information about the Company can be found at www.primedia.com.

###

Media Contacts: Hawley Strait, 212-446-1877

hstrait@sloanepr.com

Noelle Wojciehowski, 212-462-3658

nwojciehowski@primediabusiness.com