Engineering News-Record and Architectural Record Each Win 2002 Jesse H. Neal Awards

McGraw-Hill Construction Information Group Publications Recognized for Editorial Excellence in Business Journalism

McGraw-Hill Construction Information Group (CIG) and the National Association of Home Builders (NAHB) Form Strategic Alliance

NEW YORK, N.Y., November 19, 2001 - The McGraw-Hill Companies' (NYSE: MHP) Construction Information Group (CIG) and the National Association of Home Builders (NAHB) today announced a strategic alliance that unites the nation's largest and most influential builders association with the construction industry's leading product marketplace.

The agreement calls for the co-branding of CIG's Sweet's Division Residential Catalog File and Residential Directory-the industry's leading product catalogs for home builders and remodelers-and for NAHB to provide editorial content to the Sweet's Product News periodical. The alliance, to be managed by CIG's Sweet's division, will allow the publisher to significantly expand its customer community by extending its reach to more than 205,000 NAHB home builder, remodeler and associate members.

The alliance opens the most influential and active audience in the residential building and remodeling market to building product manufacturers and service providers who use Sweet's. NAHB members will receive complimentary copies of both popular catalogs, and links between sweets.com and nahb.com will allow all members to access Sweet's Residential Marketplace online.

"The National Association of Home Builders is one of the finest organizations in construction and certainly one of the most important to McGraw-Hill's Construction Information Group and Sweet's. We are extremely delighted to align ourselves with NAHB and look forward to a mutually beneficial relationship," said Norbert Young, president, McGraw-Hill Construction Information Group.
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"This alliance with Sweet's brings a new value-added benefit to NAHB members and compliments the many leading-edge products and services our members already enjoy," said Jerry Howard, chief executive officer of NAHB. "We're delighted to be able to provide these indispensable reference tools to all of our members free of charge. We believe the benefits this alliance delivers to the our membership is reason enough for home builders to join NAHB if they don't already belong."

"This agreement to co-brand Sweet's Residential Catalog File and Residential Directory is a terrific opportunity to meet the needs of home builders and remodelers. By delivering robust and comprehensive product information to these leading professionals, this alliance will make a positive impact in this critical construction category," said Howard Mager, senior vice president and general manager of Sweet's.

About NAHB:
The National Association of Home Builders is a Washington-based trade association representing more than 205,000 members involved in home building, remodeling, multifamily construction, property management, subcontracting, design, housing finance, building product manufacturing and other aspects of residential and light commercial construction. Known as "the voice of the housing industry," NAHB is affiliated with more than 800 state and local home builders associations around the country. NAHB's builder members will construct about 80 percent of the more than 1.5 million new housing units projected for 2001. During a typical year, residential construction accounts for about five cents of every dollar spent in the U.S. economy, making home building one of the largest and most influential industries in the country.

About McGraw-Hill Construction Information Group
The Construction Information Group is the world's premier information provider to the commercial construction industry. With its leading brands F.W. Dodge, Sweet's, Engineering News-Record, Architectural Record, and Design-Build, and the industry's most popular Internet portal, construction.com, CIG provides the latest industry intelligence and interactive solutions that enable construction professionals to do their job faster, better and cheaper. CIG employs more than 1,700 professionals around the world.

About The McGraw-Hill Companies
Founded in 1888, The McGraw-Hill Companies is a global information services provider meeting worldwide needs in financial services, education and business-to-business information through leading brands such as Standard & Poor's, BusinessWeek and McGraw-Hill Education. The Corporation has more than 300 offices in 33 countries. Sales in 2000 were $4.3 billion. Additional information is available at http://www.mcgraw-hill.com.

construction.com Contact:
John Puccio
RF Binder Partners
(212) 593-6389
john.puccio@rfbinder.com

NAHB contact:
Lori Forcey
NAHB
(202) 266-8409
lforcey@nahb.com

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