PRIMEDIA’S REAL ESTATE GROUP HONORED WITH 2002 PUBLISHING AWARDS

PRIMEDIA’s National Real Estate Investor and Shopping Center World Recognized For Editorial Excellence


Atlanta – June 13, 2002 – National Real Estate Investor and Shopping Center World magazines, members of PRIMEDIA’s Real Estate Group and two of the leading sources of information in the field of commercial real estate, have been honored recently by the 2002 Magazine Association of Georgia and by the American Society of Business Publication Editors (ASBPE).

Honors from the 2002 Magazine Association of Georgia GAMMA awards ceremony include the following:
· Best Feature: Gold – National Real Estate Investor took top honors for its October 2001 feature following the aftermath of the September 11 terrorist attacks. Concluding that National Real Estate Investor’s October issue was worthy of the best feature award, the judges stated that in facing uncharted waters, it was an “excellent news assessment of the New York City real estate market post 9/11.”
· Best Magazine Website: Gold - National Real Estate Investor took top honors for its website http://www.nreionline.com.
· Best Single Cover: Silver and Bronze - Shopping Center World was awarded a Silver for its August 2001 cover and National Real Estate Investor was recognized with a Bronze for its February 2001 cover.
· General Excellence: Bronze – National Real Estate Investor took general excellence honors for quality based on the submission of three full issues.

Additionally ASBPE recognized National Real Estate Investor with Gold distinction for Best Single News Article and Bronze for Best Staff-Written Regular Column, while Shopping Center World received Silver recognition for Best Publication Redesign.

“We are honored by the recognition from the Magazine Association of Georgia and the American Society of Business Publication Editors. These achievements are the result of our ongoing effort to provide our readers with the most innovative and in-depth coverage of the commercial real estate industry, while ensuring that the overall style and presentation of our magazines is unique and full of creative imagery,” said Jackie Kandell, group publisher of PRIMEDIA’s Real Estate Group.

About the Magazine Association of Georgia’s GAMMA awards The Magazine Association of Georgia is a professional organization of individuals, corporations and associates involved in the publishing industry in Georgia - promoting awareness of the value of magazines to the public, improving their quality by sharing knowledge and resources, and maintaining high ethical standards in the industry. Founded in 1988, the Association is an organization of publishing professionals who share concerns unique to magazine journalism. The GAMMA Awards for excellence in publishing highlight the Association’s annual conference.

About ASBPE Founded in 1964, the American Society of Business Publication Editors (ASBPE) is the professional association for full-time and freelance editors and writers employed in the business, trade, and specialty press.

About PRIMEDIA’s National Real Estate Investor National Real Estate Investor is the leading authority on commercial real estate trends. The magazine’s readers represent a cross-section of disciplines — brokerage, construction, development, finance/investment, property management, corporate real estate, and real estate services. No other publication provides as much independent research on a variety of topics that pertain to the office, industrial, retail, hotel and multifamily markets as NREI.

About PRIMEDIA’s Shopping Center World Shopping Center World is a business publication written for retail real estate executives. Readers include shopping center developers, owners and managers, retail chain store executives, finance and investment professionals, construction personnel, marketing professionals, leasing agents, brokers, architects and designers. Shopping Center World is the authoritative link to the people, companies, products and news that drive the industry. Daily web news and monthly features, profiles, columns and trends, as well as original research, are designed to make Shopping Center World informative, timely and a must for dedicated retail real estate professionals.

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 >.

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Media Contacts: Laura Schramm, 212-446-1890
lschramm@sloanepr.com

Noelle Wojciehowski, 212-462-3658
nwojciehowski@primediabusiness.com