Ascential PLC has released a statement addressing recent media speculation regarding the sale process for WGSN. The company confirms that it is currently in exclusive discussions with Apax regarding the potential sale of WGSN. However, there is no certainty that a binding transaction will be entered into. The Board's strategic actions to maximize shareholder value and position each business within the portfolio for long-term success are well advanced, and a market update is expected before the end of the year. Further announcements will be made as appropriate.