CCH INCORPORATED, Wolters Kluwer Merger Completed

(RIVERWOODS, ILL., January 11, 1996) --- CCH INCORPORATED (CCH), a leading
provider of tax and business law information, software and services, said
today that its merger with Wolters Kluwer nv has been completed, effective
January 10, 1996. Formerly listed as CCHI A and CCHI B on NASDAQ, the
company has de-listed its shares.

CCH announced November 27, 1995 that it entered into a definitive agreement
for the sale of the company to Amsterdam-based Wolters Kluwer for US $1.9
billion, or $55.50 per share. The tender offer expired January 4, 1996
with 98.1 percent of all Class A Common Stock and 98.3 percent of all
Class B Common Stock tendered.

As a result of the merger, CCH will become a wholly-owned subsidiary of
Wolters Kluwer. CCH will retain its current name.

Originally founded in 1892, CCH INCORPORATED has served five generations of
business professionals, offering more than 600 print and electronic
products for the tax, legal, securities, financial planning, health care
and human resources markets. The company employs approximately 5,100
people worldwide with major U.S. facilities in Riverwoods and Chicago,
Ill.; New York, N.Y.; Clark, N.J.; Washington, D.C.; St. Petersburg, Fla.;
Torrance and San Rafael, Calif.; Wichita, Kan.; and Cedar Rapids, Iowa. In
addition, the company operates international businesses in Australia,
Canada, Japan, New Zealand, Singapore and the United Kingdom.
 
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