Crain Communications Closes Crain's Manchester Business

MANCHESTER, England, June 22, 2010 - Business publisher Crain Communications Inc today announced the closing
of Crain's Manchester Business, the first local weekly business journal to be
published in the United Kingdom. Circulation of the publication was 11,500
top business decision makers in the Greater Manchester area.

"While we have been pleased with the support received from Crain's
Manchester Business readers from the beginning of the project, ultimately the
limited support from key advertising sectors has made the project
unsustainable," said Chris Crain, vice president, Crain Communications Inc
and editor-in-chief, Crain's Manchester Business.

"When we launched in August 2007, we introduced a new concept to the UK,
based on a successful US weekly business publication model," added Crain.
"Editor Stephen Brauner created a highly useful product that was met with
great excitement from the Greater Manchester business community because it
captured the must know news and information for the coming business week."

"In a recessionary environment that withered marketing budgets around the
globe, Associate Publisher Kathryn Toledano and her sales team managed to
book 130 different advertisers into the publication. Kathryn's creativity,
intelligence and sheer determination provided a stabilizing effect to the
business even in its rockiest times," added Crain.

The last issue of Crain's Manchester Business was published on June 21.

About Crain Communications Inc.

Crain Communications Inc. is one of the largest privately owned business
publishers in the U.S., with nearly 30 business, trade and consumer
publications and related Web sites in North America, Europe and Asia. As
authoritative sources of vital news and information to industry leaders and
consumers worldwide, the company's newspapers, magazines and Web sites have
become required reading in their respective business and consumer sectors,
with titles including Advertising Age, Automotive News, AutoWeek, Business
Insurance, Pensions & Investments, Modern Healthcare and InvestmentNews as
well as business weeklies in Detroit, Chicago, Cleveland and New York The
company's Web site is www.crain.com.

Media, Colleen Robar, +1-313-446-0331, crobar at crain.com