CARY, NC—R. H. Donnelley Corp. (NYSE:RHD), a Yellow Pages and online local commercial search company, is acquiring Business.com, a business search engine and directory, for $345 million in cash and deferred purchase consideration.

The company adds to its existing interactive properties the Business.com, Work.com and the Business.com Advertising Network properties. “With this transaction R.H. Donnelley takes another significant step forward in the online local commercial search marketplace,” said David C. Swanson, chairman and CEO of R.H. Donnelley Corporation.

Business.com employs approximately 100 highly-skilled technologists, strategists and businesspeople and serves more than 6,000 business-to-business advertisers and their agencies. The company is profitable and is expected to generate revenues of greater than $50 million in 2007.

Business.com founder and CEO Jaek Winebaum will become president of R.H. Donnelley’s interactive unit based in Santa Monica, CA. Time Magazine named Winebaum one of its 50 Cyber Elite, and Wired included him in the Wired 25.

The acquisition is expected to close in the third quarter 2007.

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