This message has been cross posted to several lists, we apologize for
  any duplication.

  PERIODICAL PRICE INFLATION REACHES LOWEST LEVEL IN EIGHT YEARS.

  (London, ON - April 7, 1997) - Faxon Canada announces summary results
  of the annual Foreign and Domestic Price Index for Canadian libraries.
  Faxon Canada's annual price index is an empirical analysis of 4444
  titles drawn from the Faxon Canada database.  The index, which measures
  the effect of inflation on prices charged for subscriptions reports an
  average price inflation of 10.28% for 1997 subscriptions over 1996 prices.
  This is the lowest reported inflation rate since Faxon Canada began
  tracking price data in 1989/1990.

  HISTORICAL REVIEW OF AVERAGE SUBSCRIPTION INFLATION RATES FOR CANADA

        1990    1991    1992    1993    1994    1995    1996    1997
        11.26%  11.85%  10.36%  17.40%  10.52%  18.64%  13.58%  10.28%

  1997 Findings At a Glance

  1997 Average Price -                    $545.47
  1997 Average Price Increase -             10.28%
  Category with Highest % Inflation -     Chemistry - 13.84%
  Country with Highest % Inflation -      United Kingdom - 12.37%
  Category with Lowest Inflation  -       Trades - (0.25%)
  Country with Lowest Inflation -         France - (0.39%)

  " We believe that our clients, and Canadian libraries in general will be
  encouraged by these results," said John Ashby Executive Vice President and
  General Manager of Faxon Canada." "From experience, we know that libraries
  require just this kind of information as they move into budgeting and
  subscription renewal time."

  Complete results, including the data tables, will be published in the May
  1997 issue of Feliciter.  Advance copies of the  analysis are available
  from Faxon Canada. To obtain a copy of the Foreign and Domestic Price
  Index contact your Client Service Representative, your local Market
  Coordinator or send an email message to marketing@faxon.ca

  Faxon Canada

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  *  Virginia Roy                                                         *
  *  Marketing Manager                               Tel: (416) 440-8900  *
  *  Faxon Canada Ltd.                               Fax: (416) 440-0478  *
  *  79 Brookdale Avenue                          E-mail: royv@faxon.ca   *
  *  Toronto, ON M5N 1P2                             Web: www.faxon.com   *
  *  Canada                                                               *
  *                            A DAWSON COMPANY                           *
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* John W. Ashby                                                         *
* Executive VP/General Manager                  Phone: 519-472-1005     *
* Faxon Canada Ltd.                               Fax: 519-472-3223     *
* P.O. Box 2382                                 Email: ashbyj@faxon.ca  *
* London, ON  N6A 5A7                        Web site: www.faxon.com    *
* Canada                                                                *
*                            A DAWSON COMPANY                           *
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