SC 13D/A 1 a2034594zsc13da.txt SC 13D/A SECURITIES AND EXCHANGE COMMISSION WASHINGTON, DC 20549 -------------- SCHEDULE 13D (Rule 13d-101) INFORMATION TO BE INCLUDED IN STATEMENTS FILED PURSUANT TO RULE 13d-1(a) AND AMENDMENTS THERETO FILED PURSUANT TO RULE 13d-2(a) (Amendment No. 2)(1) MARKETWATCH.COM, INC. -------------------------------------------------------------------------------- (Name of Issuer) Common Stock, par value $ .01 per share -------------------------------------------------------------------------------- (Title of Class of Securities) 570619106 -------------------------------------------------------------------------------- (CUSIP Number) Philip J. Hoffman c/o Pearson Inc. 1330 Avenue of the Americas, 7th Floor New York, New York 10019 (212) 641-2421 -------------------------------------------------------------------------------- (Name, Address and Telephone Number of Person Authorized to Receive Notices and Communications) With Copies To: Howard A. Kenny Morgan, Lewis & Bockius LLP 101 Park Avenue New York, New York 10178 (212) 309-6000 December 27, 2000 -------------------------------------------------------------------------------- (Date of Event Which Requires Filing of This Statement) If the filing person has previously filed a statement on Schedule 13D to report the acquisition that is the subject of this Schedule 13D, and is filing this schedule because of Rule 13d-1(e), 13d-1(f) or 13d-1(g), check the following box. / / NOTE: Schedules filed in paper format shall include a signed original and five copies of the schedule, including all exhibits. SEE Rule 13d-7(b) for other parties to whom copies are to be sent. (Continued on following pages) (Page 1 of 17 Pages) (1) The remainder of this cover page shall be filled out for a reporting person's initial filing on this form with respect to the subject class of securities, and for any subsequent amendment containing information which would alter disclosures provided in a prior cover page. The information required on the remainder of this cover page shall not be deemed to be "filed" for the purpose of Section 18 of the Securities Exchange Act of 1934 or otherwise subject to the liabilities of that section of the Act but shall be subject to all other provisions of the Act (however, SEE the Notes). CUSIP No. 570619106 13D Page 2 of 17 Pages --------------------------------- -------------------------------- 1 NAME OF REPORTING PERSONS I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS (ENTITIES ONLY) PEARSON PLC EIN: -------------------------------------------------------------------------------- 2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP* (a) / / (b) /X/ -------------------------------------------------------------------------------- 3 SEC USE ONLY -------------------------------------------------------------------------------- 4 SOURCE OF FUNDS* NOT APPLICABLE -------------------------------------------------------------------------------- 5 CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEM 2(d) OR 2(e) -------------------------------------------------------------------------------- 6 CITIZENSHIP OR PLACE OF ORGANIZATION ENGLAND & WALES -------------------------------------------------------------------------------- 7 SOLE VOTING POWER NUMBER OF 0 SHARES ---------------------------------------------------- BENEFICIALLY 8 SHARED VOTING POWER OWNED BY EACH SEE ITEM 5 OF ATTACHED SCHEDULE REPORTING ---------------------------------------------------- PERSON WITH 9 SOLE DISPOSITIVE POWER 0 ---------------------------------------------------- 10 SHARED DISPOSITIVE POWER SEE ITEM 5 OF ATTACHED SCHEDULE -------------------------------------------------------------------------------- 11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON SEE ITEM 5 OF ATTACHED SCHEDULE -------------------------------------------------------------------------------- 12 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES* / / -------------------------------------------------------------------------------- 13 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11) SEE ITEM 5 OF ATTACHED SCHEDULE -------------------------------------------------------------------------------- 14 TYPE OF REPORTING PERSON* CO -------------------------------------------------------------------------------- *SEE INSTRUCTIONS BEFORE FILLING OUT! CUSIP NO. 570619106 13D PAGE 3 of 17 Pages -------------------------------- -------------------------------- 1 NAME OF REPORTING PERSONS I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS (ENTITIES ONLY) PEARSON OVERSEAS HOLDINGS LTD. EIN: -------------------------------------------------------------------------------- 2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP* (a) / / (b) /X/ -------------------------------------------------------------------------------- 3 SEC USE ONLY -------------------------------------------------------------------------------- 4 SOURCE OF FUNDS* NOT APPLICABLE -------------------------------------------------------------------------------- 5 CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEM 2(d) OR 2(e) / / -------------------------------------------------------------------------------- 6 CITIZENSHIP OR PLACE OF ORGANIZATION ENGLAND & WALES -------------------------------------------------------------------------------- 7 SOLE VOTING POWER NUMBER OF 0 SHARES ---------------------------------------------------- BENEFICIALLY 8 SHARED VOTING POWER OWNED BY EACH SEE ITEM 5 OF ATTACHED SCHEDULE REPORTING ---------------------------------------------------- PERSON WITH 9 SOLE DISPOSITIVE POWER 0 ---------------------------------------------------- 10 SHARED DISPOSITIVE POWER SEE ITEM 5 OF ATTACHED SCHEDULE -------------------------------------------------------------------------------- 11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON SEE ITEM 5 OF ATTACHED SCHEDULE -------------------------------------------------------------------------------- 12 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES* / / -------------------------------------------------------------------------------- 13 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11) SEE ITEM 5 OF ATTACHED SCHEDULE -------------------------------------------------------------------------------- 14 TYPE OF REPORTING PERSON* CO -------------------------------------------------------------------------------- *SEE INSTRUCTIONS BEFORE FILLING OUT! CUSIP NO. 570619106 13D PAGE 4 OF 17 PAGES --------------------------------- ------------------------------- 1 NAME OF REPORTING PERSONS I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS (ENTITIES ONLY) PEARSON NETHERLANDS B.V. EIN: -------------------------------------------------------------------------------- 2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP* (a) / / (b) /X/ -------------------------------------------------------------------------------- 3 SEC USE ONLY -------------------------------------------------------------------------------- 4 SOURCE OF FUNDS* NOT APPLICABLE -------------------------------------------------------------------------------- 5 CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEM 2(d) OR 2(e) -------------------------------------------------------------------------------- 6 CITIZENSHIP OR PLACE OF ORGANIZATION NETHERLANDS -------------------------------------------------------------------------------- 7 SOLE VOTING POWER NUMBER OF 0 SHARES ---------------------------------------------------- BENEFICIALLY 8 SHARED VOTING POWER OWNED BY EACH SEE ITEM 5 OF ATTACHED SCHEDULE REPORTING ---------------------------------------------------- PERSON WITH 9 SOLE DISPOSITIVE POWER 0 ---------------------------------------------------- 10 SHARED DISPOSITIVE POWER SEE ITEM 5 OF ATTACHED SCHEDULE -------------------------------------------------------------------------------- 11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON SEE ITEM 5 OF ATTACHED SCHEDULE -------------------------------------------------------------------------------- 12 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES* -------------------------------------------------------------------------------- 13 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11) SEE ITEM 5 OF ATTACHED SCHEDULE -------------------------------------------------------------------------------- 14 TYPE OF REPORTING PERSON* CO -------------------------------------------------------------------------------- *SEE INSTRUCTIONS BEFORE FILLING OUT! CUSIP NO. 570619106 13D PAGE 5 OF 17 PAGES ------------------------------- -------------------------------- 1 NAME OF REPORTING PERSONS I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS (ENTITIES ONLY) PEARSON AG EIN: -------------------------------------------------------------------------------- 2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP* (a) / / (b) /X/ -------------------------------------------------------------------------------- 3 SEC USE ONLY -------------------------------------------------------------------------------- 4 SOURCE OF FUNDS* NOT APPLICABLE -------------------------------------------------------------------------------- 5 CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEM 2(d) OR 2(e) -------------------------------------------------------------------------------- 6 CITIZENSHIP OR PLACE OF ORGANIZATION SWITZERLAND -------------------------------------------------------------------------------- 7 SOLE VOTING POWER NUMBER OF 0 SHARES ---------------------------------------------------- BENEFICIALLY 8 SHARED VOTING POWER OWNED BY EACH SEE ITEM 5 OF ATTACHED SCHEDULE REPORTING ---------------------------------------------------- PERSON WITH 9 SOLE DISPOSITIVE POWER 0 ---------------------------------------------------- 10 SHARED DISPOSITIVE POWER SEE ITEM 5 OF ATTACHED SCHEDULE -------------------------------------------------------------------------------- 11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON SEE ITEM 5 OF ATTACHED SCHEDULE -------------------------------------------------------------------------------- 12 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES* -------------------------------------------------------------------------------- 13 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11) SEE ITEM 5 OF ATTACHED SCHEDULE -------------------------------------------------------------------------------- 14 TYPE OF REPORTING PERSON* CO -------------------------------------------------------------------------------- *SEE INSTRUCTIONS BEFORE FILLING OUT! CUSIP NO. 570619106 13D PAGE 6 OF 17 PAGES ----------------------------- -------------------------------- 1 NAME OF REPORTING PERSONS I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS (ENTITIES ONLY) PEARSON INC. EIN: 51-0261654 -------------------------------------------------------------------------------- 2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP* (a) / / (b) /X/ -------------------------------------------------------------------------------- 3 SEC USE ONLY -------------------------------------------------------------------------------- 4 SOURCE OF FUNDS* NOT APPLICABLE -------------------------------------------------------------------------------- 5 CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEM 2(d) OR 2(e) -------------------------------------------------------------------------------- 6 CITIZENSHIP OR PLACE OF ORGANIZATION DELAWARE -------------------------------------------------------------------------------- 7 SOLE VOTING POWER NUMBER OF 0 SHARES ---------------------------------------------------- BENEFICIALLY 8 SHARED VOTING POWER OWNED BY EACH SEE ITEM 5 OF ATTACHED SCHEDULE REPORTING ---------------------------------------------------- PERSON WITH 9 SOLE DISPOSITIVE POWER 0 ---------------------------------------------------- 10 SHARED DISPOSITIVE POWER SEE ITEM 5 OF ATTACHED SCHEDULE -------------------------------------------------------------------------------- 11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON SEE ITEM 5 OF ATTACHED SCHEDULE -------------------------------------------------------------------------------- 12 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES* -------------------------------------------------------------------------------- 13 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11) SEE ITEM 5 OF ATTACHED SCHEDULE -------------------------------------------------------------------------------- 14 TYPE OF REPORTING PERSON* CO -------------------------------------------------------------------------------- *SEE INSTRUCTIONS BEFORE FILLING OUT! CUSIP NO. 570619106 13D PAGE 7 OF 17 PAGES ---------------------------- ------------------------------- 1 NAME OF REPORTING PERSONS I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS (ENTITIES ONLY) PEARSON LONGMAN, INC. EIN: 13-2971110 -------------------------------------------------------------------------------- 2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP* (a) / / (b) /X/ -------------------------------------------------------------------------------- 3 SEC USE ONLY -------------------------------------------------------------------------------- 4 SOURCE OF FUNDS* NOT APPLICABLE -------------------------------------------------------------------------------- 5 CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEM 2(d) OR 2(e) -------------------------------------------------------------------------------- 6 CITIZENSHIP OR PLACE OF ORGANIZATION DELAWARE -------------------------------------------------------------------------------- 7 SOLE VOTING POWER NUMBER OF 0 SHARES ---------------------------------------------------- BENEFICIALLY 8 SHARED VOTING POWER OWNED BY EACH SEE ITEM 5 OF ATTACHED SCHEDULE REPORTING ---------------------------------------------------- PERSON WITH 9 SOLE DISPOSITIVE POWER 0 ---------------------------------------------------- 10 SHARED DISPOSITIVE POWER SEE ITEM 5 OF ATTACHED SCHEDULE -------------------------------------------------------------------------------- 11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON SEE ITEM 5 OF ATTACHED SCHEDULE. -------------------------------------------------------------------------------- 12 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES* -------------------------------------------------------------------------------- 13 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11) SEE ITEM 5 OF ATTACHED SCHEDULE -------------------------------------------------------------------------------- 14 TYPE OF REPORTING PERSON* CO -------------------------------------------------------------------------------- *SEE INSTRUCTIONS BEFORE FILLING OUT! CUSIP NO. 570619106 13D PAGE 8 OF 17 PAGES ------------------------------- ------------------------------- 1 NAME OF REPORTING PERSONS I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS (ENTITIES ONLY) DATA BROADCASTING CORPORATION EIN: 13-3668779 -------------------------------------------------------------------------------- 2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP* (a) / / (b) /X/ -------------------------------------------------------------------------------- 3 SEC USE ONLY -------------------------------------------------------------------------------- 4 SOURCE OF FUNDS* WC (SEE ITEM 3 OF ATTACHED SCHEDULE) -------------------------------------------------------------------------------- 5 CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEM 2(d) OR 2(e) / / -------------------------------------------------------------------------------- 6 CITIZENSHIP OR PLACE OF ORGANIZATION DELAWARE -------------------------------------------------------------------------------- 7 SOLE VOTING POWER NUMBER OF 0 SHARES ---------------------------------------------------- BENEFICIALLY 8 SHARED VOTING POWER OWNED BY EACH 5,636,814 (1) REPORTING ---------------------------------------------------- PERSON WITH 9 SOLE DISPOSITIVE POWER 0 ---------------------------------------------------- 10 SHARED DISPOSITIVE POWER 5,636,814 (1) -------------------------------------------------------------------------------- 11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 5,636,814 (1) -------------------------------------------------------------------------------- 12 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES* -------------------------------------------------------------------------------- 13 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11) 34.4% (1) -------------------------------------------------------------------------------- 14 TYPE OF REPORTING PERSON* CO -------------------------------------------------------------------------------- *SEE INSTRUCTIONS BEFORE FILLING OUT! -------- (1) Includes 5,636,814 shares to be sold to Pearson Overseas Holdings Ltd. pursuant to a Stock Purchase Agreement, dated as of December 27, 2000, by and between Data Broadcasting Company and Pearson Overseas Holdings Ltd. ITEM 1. SECURITY AND ISSUER This Amendment No. 2 ("Amendment No. 2") to the Statement on Schedule 13D, originally filed on April 7, 2000 and as amended by Amendment No. 1, filed on May 15, 2000 ("Amendment No. 1", and, as so amended, the "Statement"), with respect to the common stock, par value $.01 per share ("Common Stock"), of MarketWatch.com, Inc., a Delaware corporation (the "Company"), amends Items 3, 4, 5, 6 and 7 and Schedule B of the Statement. The principal executive office of the Company is 825 Battery Street, San Francisco, California 94111. Information given in response to each item shall be deemed incorporated by reference in all other items. Capitalized terms used but not defined in this Amendment No. 2 shall have the respective meanings ascribed to them in the Statement. ITEM 3. SOURCE AND AMOUNT OF FUNDS OR OTHER CONSIDERATION Item 3 as set forth in the Statement is amended by the addition of the following at the end thereof: The total amount of funds that will be required by Pearson Overseas to acquire the Common Stock of the Company pursuant to the Stock Purchase Agreement (as described in the response to Item 4) is $26,887,602.78 (the "DBC Purchase Price"). Pearson Overseas is to obtain the DBC Purchase Price from its working capital, as well as the working capital of its parent company, Pearson plc. As of November 1, 2000, the Secured Promissory Note referred to in Item 3 has been repaid in full and, upon such repayment, the Stock Pledge Agreement was automatically terminated pursuant to its terms. ITEM 4. PURPOSES OF TRANSACTIONS Item 4 as set forth in the Statement is amended by the addition of the following at the end thereof: On December 27, 2000, DBC and Pearson Overseas, entered into a Stock Purchase Agreement (the "DBC Stock Purchase Agreement"), a copy of which has been filed as an exhibit hereto. The DBC Stock Purchase Agreement provides that, upon the satisfaction of certain conditions, Pearson Overseas will purchase all 5,636,814 shares of Common Stock of the Company from DBC for the DBC Purchase Price. ITEM 5. INTEREST IN SECURITIES OF THE ISSUER Item 5 as set forth in the Statement is amended and restated to read in its entirety as follows: (a) DBC owns 5,636,814 shares of Common Stock of the Company (the "Shares"). Pursuant to the DBC Stock Purchase Agreement (and as a result of its control relationship with DBC), Pearson Overseas, for purposes of Rule 13d-3 promulgated under the Exchange Act, may be deemed to beneficially own the Shares. DBC's holding of 5,636,814 shares of Common Stock of the Company represents approximately 34.4% of the issued and outstanding shares of Common Stock of the Company. Pearson, Pearson Netherlands, Pearson AG, Pearson Inc., and Pearson Longman, which are affiliates of either DBC and Pearson Overseas, may be deemed to beneficially own the Shares indirectly as a result of their control relationship with DBC or Pearson Overseas. Any such beneficial ownership would represent the same shared voting and dispositive power exercised by DBC over the Shares. Each of the Reporting Persons other than DBC and Pearson Overseas disclaims beneficial ownership of the Shares. -9- (b) The responses of the Reporting Persons to Items (7) through (11) of the portions of pages 2 through 8 hereto which relate to shares of Common Stock beneficially owned are incorporated herein by reference. (c) Except as described in the response to Item 4, there have been no transactions in the shares of Common Stock during the past sixty days by any Reporting Person or any other person listed on Schedule B. (d) No person is known to have the right to receive or the power to direct the receipt of dividends from, or the proceeds from the sale of, the shares of Common Stock beneficially owned by DBC. (e) Not applicable Except as described in this response to Item 5, none of the persons listed on Schedule B beneficially own any shares of Common Stock. ITEM 6. CONTRACTS, ARRANGEMENTS, UNDERSTANDINGS OR RELATIONSHIPS WITH RESPECT TO SECURITIES OF THE ISSUER Item 6 as set forth in the Statement is amended by the addition of the following at the end thereof: As a result of Pearson Overseas' acquisition of the Shares from DBC under the Stock Purchase Agreement, Pearson Overseas shall assume the rights and obligations of DBC under the Stockholders' Agreement referred to in Item 6, and DBC shall assign its rights under the Registration Rights Agreement referred to in Item 6 to Pearson Overseas. The Credit Agreement referred to in Item 6 expired on October 29, 2000 and there is currently no indebtedness outstanding thereunder. See the response to Item 4 regarding the DBC Stock Purchase Agreement. A copy of the DBC Stock Purchase has been filed as an exhibit hereto and is incorporated herein by reference. The foregoing description of the DBC Stock Purchase Agreement in the response to Item 4 is qualified in its entirety by reference to such agreement. ITEM 7. MATERIALS TO BE FILED AS EXHIBITS The following additional material is filed as an Exhibit to this Amendment No. 2: Exhibit A: Stock Purchase Agreement, dated as of December 27, 2000, between Data Broadcasting Corporation and Pearson Overseas Holdings Ltd. -10- SIGNATURE After reasonable inquiry and to the best of the knowledge and belief of each of the undersigned, each of the undersigned certifies that the information set forth in this statement is true, complete and correct. Dated: January 8, 2001 Pearson plc By: /s/ JULIA M. CASSON -------------------------------- Name: Julia M. Casson Title: Company Secretary Pearson Overseas Holdings Ltd. By: /s/ STEPHEN JONES -------------------------------- Name: Stephen Jones Title: Secretary Pearson Netherlands B.V. By: MeesPierson Trust B.V. Managing Director By: /s/ GEORGE F. NICOLAI -------------------------------- Name: George F. Nicolai Title: Director Pearson AG By: /s/ JOSEF GRAND -------------------------------- Name: Josef Grand Title: Director Pearson Inc. By: /s/ THOMAS WHARTON -------------------------------- Name: Thomas Wharton Title: Secretary and Vice President of Taxation -11- Pearson Longman, Inc. By: /s/ WILLIAM LINCOLN -------------------------------- Name: William Lincoln Title: President Data Broadcasting Corporation By: /s/ STEVEN G. CRANE -------------------------------- Name: Steven G. Crane Title: Executive Vice President and Chief Executive Officer -12- SCHEDULE B PEARSON PLC
Name Position Principal Occupation/Business Address ---------------------------- ------------------------------- ---------------------------------------------------------------------- Lord Stevenson Chairman Director/Little Tufton House, 3 Dean Trench Street, London SW1P 3HB Marjorie M. Scardino Chief Executive Director/Pearson plc, 3 Burlington Gardens, London W1X 1LE David C. M. Bell Executive Director Director/Pearson plc, 3 Burlington Gardens, London W1X 1LE John C. Makinson Finance Director Finance Director/Pearson plc, 3 Burlington Gardens, London W1X 1LE Lord Burns Non-Executive Director Member of House of Lords/13 North Avenue, London W13 8AP Gill M. Lewis Non-Executive Director Managing Partner/Heidrick & Struggles, 100 Picaddilly, London W1V 9FN Reuben Mark Non-Executive Director Chairman and Chief Executive Officer/Colgate-Palmolive Co, 300 Park Avenue, New York, NY 10022-7499 Vernon L. Sankey Non-Executive Director Director/The Cherubs, Parsonnage Lane, Farnham Common, Bucks SL2 3NZ Rana Talwar Non-Executive Director Director/Standard Chartered Bank PLC, 1 Aldermanbury Square, London EC2V 7SB Julia M. Casson Secretary Secretary/Pearson plc, 3 Burlington Gardens, London W1X 1LE
PEARSON OVERSEAS HOLDINGS LTD.
Name Position Principal Occupation/Business Address ---------------------------- ------------------------------- ---------------------------------------------------------------------- David H. Colville Director Chartered Accountant/Pearson plc, 3 Burlington Gardens, London W1X 1LE John C. Makinson Director Finance Director/Pearson plc, 3 Burlington Gardens, London W1X 1LE Peter R. Gill Director Director, Financial Operations/Pearson plc, 3 Burlington Gardens, London W1X 1LE Marjorie M. Scardino Director Director/Pearson plc, 3 Burlington Gardens, London W1X 1LE Alan C. Miller Director Accountant/Pearson plc, 3 Burlington Gardens, London W1X 1LE Stephen Jones Secretary Assistant Secretary/Pearson plc, 3 Burlington Gardens, London W1X 1LE
-13- PEARSON NETHERLANDS B.V.
Name Position Principal Occupation/Business Address ---------------------------- ------------------------------- ---------------------------------------------------------------------- George F. Nicolai Director Director/MeesPierson Trust, Aert van Nesstraat 45, P.O. Box 548, 3000 AM Rotterdam Jan Francis van der Drift Director Businessman/Leeteinde 20-22, 1151 AK Broek in Waterland, Holland Matthieu van Sint Truiden Director Attorney/Nauta Dutilh, Postbus 7113, 1007 JC Amsterdam David H. Colville Director Group Tax Director/Pearson plc, 3 Burlington Gardens, London W1X 1LE
PEARSON AG
Name Position Principal Occupation/Business Address ---------------------------- ------------------------------- ---------------------------------------------------------------------- Peter R. Gill Chairman Director, Financial Operations/Pearson plc, 3 Burlington Gardens, London W1X 1LE Josef Grand Director Certified Public Accountant/Bundtacherstrasse 35, 8127 Forch, Switzerland Martin Frey Member Attorney/Baker & McKenzie, Zollikerstrasse 225, Postfach 57, 8034 Zurich Philip J. Hoffman Member Chief Executive Officer/The Learning Network Inc., 1330 Avenue of the Americas, 7th Floor, New York, NY 10019
-14- PEARSON INC.
Name Position Principal Occupation/Business Address ---------------------------- ------------------------------- ---------------------------------------------------------------------- Philip J. Hoffman Director Chief Executive Officer/The Learning Network Inc., 1330 Avenue of the Americas, 7th Floor, New York, NY 10019 Randall Keller Director, Executive Head of Human Resource Dept./Pearson Inc., Vice President - Human 1330 Avenue of the Americas, 7th Floor, New Resources York, NY 10019 John C. Makinson Director Finance Director/Pearson plc, 3 Burlington Gardens, London W1X 1LE Thomas Wharton Director, Vice Vice President of Taxation/Pearson Inc., 1330 President of Taxation, Avenue of the Americas, 7th Floor, New York, Secretary NY 10019 Mike Fortini Vice President Vice President of Finance/Pearson Inc., 1330 Avenue of the Americas, 7th Floor, New York, NY 10019 Shaheda Sayed Assistant Secretary Director of Taxation/Pearson Inc., 1330 Avenue of the Americas, 7th Floor, New York, NY 10019 Kenneth J. Lockhart Vice President of Real Vice President of Real Estate/Pearson plc, Estate 3 Burlington Gardens, London W1X 1LE Richard Koplitz Vice President of Vice President of Global Purchasing/Pearson Global Purchasing Inc., 1330 Avenue of the Americas, 7th Floor, New York, NY 10019 Susan Costomiris Controller Controller/Pearson Inc., 1330 Avenue of the Americas, 7th Floor, New York, NY 10019
PEARSON LONGMAN, INC.
Name Position Principal Occupation/Business Address ---------------------------- ------------------------------- ---------------------------------------------------------------------- William Lincoln President Vice President of Operations/Pearson Television North America, 2700 Colorado Ave., Suite 450, Santa Monica, CA 90404 Mark Nieker Treasurer President/Headland Digital Media, Inc., 444 Spear Street, San Francisco, CA 94105 William Cowan Assistant Secretary Attorney/Rosenthal & Schanfield 55 East Monroe, Suite 4620, Chicago, IL 60603
-15- DATA BROADCASTING CORPORATION
Name Position Principal Occupation/Business Address ---------------------------- ------------------------------- ---------------------------------------------------------------------- Stephen Hill Director and Chief Executive Officer/The Financial Times Chairman Group, 1 Southwark Bridge, London SE1 9HL Stuart J. Clark Director, President President and Chief Executive Officer/Data and Chief Executive Broadcasting Corporation, 22 Crosby Drive, Officer Bedford, MA 01730 John Fallon Director Communications Director/Pearson plc, 3 Burlington Gardens, London W1X 1LE Philip J. Hoffman Director Chief Executive Officer/The Learning Network Inc., 1330 Avenue of the Americas, 7th Floor, New York, NY 10019 Gloria Samuels Director Chief Executive Officer/Pearson Technology Centre, 200 Old Tappan Road, Old Tappan, NJ 07675 Giles Spackman Director Finance Director/The Financial Times Group, One Southwark Bridge, London SE1 9HL Dr. Donald P. Greenberg Director Professor/Cornell University, 580 Rhodes Hall Ithaca, NY 14853 Alan J. Hirschfield Director Vice Chairman/J NET Enterprises, Inc., 3490 Clubhouse Drive, I-2 Wilson, WY 83014 Allan R. Tessler Director Chief Executive Officer/J NET Enterprises, Inc., 4020 W. Lake Creek Drive, Ste. 100, Wilson, WY 83014 Steven G. Crane Executive Vice Executive Vice President and Chief Financial President and Chief Officer/Data Broadcasting Corporation, 22 Crosby Financial Officer Drive, Bedford, MA 01730 Andrea H. Loew Vice President, Vice President, General Counsel and General Counsel and Secretary/Data Broadcasting Corporation, 22 Secretary Crosby Drive, Bedford, MA 01730 John King Chief Operating Chief Operating Officer/Interactive Data Officer Corporation, 22 Crosby Drive, Bedford, MA 01730
-16- EXHIBIT INDEX The following additional material is filed as an Exhibit to this Amendment No. 2: Exhibit A: Stock Purchase Agreement, dated as of December 27, 2000, between Data Broadcasting Corporation and Pearson Overseas Holdings Ltd. -17-