ICIS Heren Marks New Era in Gas Trading With Daily LNG Publication Launch

LONDON, June 16, 2010 - Leading natural gas and power market publisher ICIS Heren has begun
publication of a daily report on liquefied natural gas markets, a move which
reflects the transition of these markets to global maturity.

The launch of the new report, "LNG Markets Daily", marks a significant
moment in the evolution of gas markets. Once regional and limited in scope,
trade in gas is rapidly becoming a global phenomenon - one that could
eventually rival the trade in crude oil in its importance for the world's
energy balance.

Driving that growth has been the extraordinarily swift rise of the LNG
market - a shipping-based market which frees natural gas from the constraints
of trade through pipeline networks and allows buyers and sellers to compete
for the product on a "spot trade" basis.

Since ICIS Heren became the first company to assess LNG spot prices in
2008, the volume of global trade has grown steadily. LNG now accounts for
around 30% of the world's gas trade. Spot transactions are still a small
proportion of this volume but the ability and appetite for trading cargoes at
short notice is growing. Large investments and the building of gas
liquefaction plants and liquefied natural gas receiving terminals in recent
years are rapidly expanding the market's scope.

"Major investments in our LNG market coverage in 2010 give us the
opportunity to satisfy the market's needs," said Louise Boddy, Head of Gas &
Power at ICIS Heren.

A growing number of LNG buyers and sellers across a wider range of
locations means reliable price discovery is now both possible and desirable,
Boddy noted.

ICIS Heren commodity market expertise goes back to 1993 when, as Heren
Energy, the company was the first to report on the UK's National Balancing
Point market. Since then, the company has expanded into specialist analysis
of European gas markets, LNG, power markets, and most recently coal, and the
carbon sector.

ICIS Heren launched "LNG Markets Daily" on 10 June, providing assessments
for delivered LNG at 17 of the world's major spot cargo destinations every
day for the first time. The publication also provides free on board (FOB)
assessments for the world's eight major LNG producing regions.

Reed Business Information

ICIS is part of Reed Business Information, www.reedbusiness.co.uk,
(RBI), a division of Reed Business and a member of Reed Elsevier plc (525),
(UK:REL) (US:RUK) (NL:45443) the world's leading publisher and information
provider.

RBI publishes over 100 market leading publications, directories and
online services, and organises many industry conferences and awards. The RBI
portfolio includes Banker's Almanac, Computer Weekly, Farmers Weekly, Flight
International, ICIS, Kellysearch, New Scientist, Personnel Today, Totaljobs
and XpertHR. For a full listing visit www.reedbusiness.co.uk

    Contact details for more information and interviews:
    Louise Boddy
    Head of Gas & Power, ICIS Heren
    Louise.boddy@icisheren.com
    +44(0)207-911-1948

    For more information visit www.icis.com/heren
    Follow us on Twitter www.twitter.com/icisheren

Contact details for more information and interviews: Louise Boddy, Head of Gas & Power, ICIS Heren, Louise.boddy at icisheren.com, +44(0)207-911-1948