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Press Release
For Immediate Release
Contact:
UKSIP
John Rogers
Chief Executive
020 7796 3000

The Investment Management Certificate is moving to Computer Based Assessment

February 6, 2006 — The UK Society of Investment Professionals’ (UKSIP) leading examination, the Investment Management Certificate (IMC), is moving from paper-and-pencil to computer based assessment from 1 March 2006.

The examination will be delivered by Pearson VUE, the world’s leading assessment and testing company. From 15 February candidates will be able to choose a location to sit the examination from a choice of over 50 UK Pearson Professional Centres and ten overseas Pearson VUE Test Centres.

The IMC is the UK entry-level examination of choice for investment management and advice. Candidates can already register online at the UKSIP Web site www.uksip.org to take the new computer based version of the IMC examination.

The syllabus and examination questions will remain unchanged but an additional 15 trial questions (which will not count towards the examination result) will be included. The trial questions will allow further improvements to be made to the IMC examination in the future.

John Rogers, Chief Executive of UKSIP, commented: “We have been considering computer based assessment for a number of years. The ability to deliver tests on demand at a location and time convenient to the candidate is a significant driving force and will be a great benefit for them.”

Paul Howarth, Managing Director, Pearson VUE, said: “We are pleased the UK Society of Investment Professionals chose Pearson VUE as its testing solution partner for its conversion from paper-and-pencil testing to computer-based testing. We look forward to bringing the many benefits of electronic testing to the investment management community. Our psychometric services combined with a fully integrated testing system and our state-of-the-art test centres will provide the consistency, control, security and coverage that UKSIP requires.”

Further information about the new IMC examination is available on the UKSIP Web site www.uksip.org/imc

About UKSIP
UKSIP has some 6,000 individual investment professionals as its members. Many are, or will become, industry leaders. It oversees the Investment Management Certificate, the UK entry-level examination of choice for investment management and advice. UKSIP supports ASIP, CFA and IMC investment professionals with an active professional development programme, Professional Investor — UKSIP’s monthly journal — and a CFA support programme for candidate members.

UKSIP also operates as one of the largest member societies of CFA Institute, the international body which oversees CFA qualification. Both UKSIP and CFA Institute support ethical investment practices and represent the views of their members on key advocacy issues.

About Pearson VUE
Pearson VUE (www.pearsonvue.com) is the global leader in electronic testing services for academic admissions, certification and licensure programs. Pearson VUE offers exams through the world’s largest network of more than 4,000 test centres in 145 countries, providing testing services for information technology, regulatory and certification boards, academic, government and corporate clients. Its innovative technology offers the security and control required by admissions, licensure and certification programs while its commitment to service provides customers with an unmatched testing experience. The company recently acquired Promissor, the leading provider of licensing examinations for state and federal regulatory bodies in the U.S., extending its leadership in the testing and certification industry.

Pearson VUE is a business of Pearson (NYSE: PSO; LSE: PSON), the international media company, whose businesses include the Financial Times Group, Pearson Education, and the Penguin Group.

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