News Release

Cisco Systems, Inc. CEO John Chambers Featured Keynote At Key3Media's NetWorld+Interop 2002 Las Vegas; Industry Visionary to Address the Future of Networking

FOSTER CITY, Calif., Jan 14, 2002 (BUSINESS WIRE) --
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Jan 14, 2002

FOSTER CITY, Calif., Jan 14, 2002 (BUSINESS WIRE) -- Key3Media Group, Inc. (NYSE:KME) today announced that John Chambers, president and CEO of Cisco Systems, Inc. (Nasdaq:CSCO), will be a featured keynote at NetWorld+Interop 2002 Las Vegas. Prominent executives, experts and visionaries will convene at the Las Vegas Convention Center May 5-10, 2002 to share the ideas, strategies and technologies that are transforming and shaping the future of the IP networking industry.

"NetWorld+Interop will be an important opportunity for IT industry leaders to come together and determine how best to leverage their networks to improve the bottom line of business...profits, cash flow and productivity," said John Chambers, president and CEO of Cisco Systems. "The most successful companies today combine business and technology solutions and streamline them across their entire value chain or ecosystem of partners. NetWorld+Interop provides a forum for sharing and exploring the opportunity this type of `networked virtual organization' can deliver."

Chambers has been lauded by government leaders and industry pundits for his visionary strategy, his ability to drive an entrepreneurial culture, and his warm-hearted, straight-talking approach. Widely recognized for his evangelistic style, Chambers is considered one of the most innovative and dynamic leaders in global business today.

"Cisco truly believes that the Internet has the power to break traditional barriers," said Valerie Williamson, president, Interop Worldwide. "Year after year, Cisco has taken the power of networked business to a new level with its innovative technologies and world class partnerships. We are thrilled to have Mr. Chambers as one of our featured keynoters in Las Vegas."

Recognized as the industry's most comprehensive networking event, NetWorld+Interop 2002 Las Vegas has been designed to provide networking and telecommunications buyers with unparalleled education, products, services and hands-on experiences that enable critical purchase decisions. For more information on the NetWorld+Interop 2002 Las Vegas keynote program, exhibitors and conference session updates, please visit Interop Online at www.interop.com. For more information regarding media/analyst registration, please contact Jennifer Clark at 650/372-6765.

About Key3Media

NetWorld+Interop is a Key3Media event. Key3Media Group, Inc. is the world's leading producer of information technology tradeshows and conferences, serving more than 6,000 exhibiting companies and 1.5 million attendees through 60 events in 18 countries. Key3Media's products range from the IT industry's largest exhibitions such as COMDEX and NetWorld+Interop to highly focused events featuring renowned educational programs, custom seminars and specialized vendor marketing programs. For more information about Key3Media, visit www.key3media.com.

Certain matters discussed in this release are "forward-looking statements," including statements about Key3Media's future results, plans and goals and other events which have not yet occurred. These statements are intended to qualify for the safe harbors from liability provided by the Private Securities Litigation Reform Act of 1995. You can find many (but not all) of these statements by looking for words like "will," "may," "believes," "expects," "anticipates," "plans" and "estimates" and for similar expressions. Because forward-looking statements involve risks and uncertainties, there are many factors that could cause Key3Media's actual results to differ materially from those expressed or implied in this release. These include, but are not limited to, economic conditions generally and in the information technology industry in particular; the timing of Key3Media's events and their popularity with exhibitors, sponsors and attendees; technological changes and developments; intellectual property rights; competition; capital expenditures; and factors impacting Key3Media's international operations. In addition, the terrorist attacks on Sept. 11, 2001 have adversely affected the economy generally and significantly decreased air travel in particular. These developments have and will continue to adversely affect participation and attendance at Key3Media's events, although the Company is not able to quantify or reliably estimate the future impact that these matters may have on its businesses, results of operations or financial condition. The section entitled "Risk Factors" in the exhibits to the Form 8-K filed by Key3Media with the SEC on Nov. 28, 2001, the section entitled "Management's Discussion and Analysis of Financial Condition and Results of Operations -- Recent Developments" in the Form 10-Q for the quarter ended Sept. 30, 2001 filed by Key3Media with the SEC, the sections entitled "Management's Discussion and Analysis of Financial Condition and Results of Operation" and "Risk Factors" in the prospectus supplement Key3Media filed with the SEC, under Rule 424(b) relating to Key3Media's high yield bond offering, and the section entitled "Item 1.Business -- Certain Factors That May Affect our Business" in the Annual Report on Form 10-K for the year ended Dec. 31, 2000 filed by Key3Media with the SEC contain important cautionary statements and a discussion of many of the factors that could materially affect the accuracy of Key3Media's forward-looking statements and/or adversely affect its business, results of operations and financial position. These statements and discussions are incorporated herein by reference. Key3Media does not plan to update any forward-looking statements.

Note to Editors: Key3Media,COMDEX, NetWorld+Interop, Interop and associated design marks and logos are trademarks owned or used under license by Key3Media Events, Inc., and may be registered in the United States and other countries. NetWorld is a service mark of Novell, Inc., and is registered in certain jurisdictions. Other names mentioned may be trademarks of their respective owners.