NOTICE OF GUARANTEED DELIVERY
FOR
TENDER OF SHARES OF CLASS A COMMON STOCK
OF
HUNGRY MINDS, INC.
TO
HMI ACQUISITION CORP.
A DIRECT OR INDIRECT WHOLLY OWNED SUBSIDIARY OF
JOHN WILEY & SONS, INC.
(NOT TO BE USED FOR SIGNATURE GUARANTEES)
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THE OFFER AND WITHDRAWAL RIGHTS WILL EXPIRE AT 12:00 MIDNIGHT,
NEW YORK CITY TIME, ON MONDAY, SEPTEMBER 17, 2001,
UNLESS THE OFFER IS EXTENDED.
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This Notice of Guaranteed Delivery, or a form substantially equivalent to
it, must be used to accept the Offer (as defined below) if certificates
representing shares of Class A Common Stock, par value $0.001 per share (the
"Shares"), of Hungry Minds, Inc., a Delaware corporation (the "Company"), are
not immediately available, if the procedure for book-entry transfer cannot be
completed prior to the Expiration Date (as defined in Section 1 of the Offer to
Purchase), or if time will not permit all required documents to reach EquiServe
Trust Company, N.A. (the "Depositary") prior to the Expiration Date. Such form
may be delivered by hand, transmitted by facsimile transmission, mailed
overnight or sent by regular mail to the Depositary. See Section 3 of the Offer
to Purchase.
THE DEPOSITARY FOR THE OFFER IS:
EQUISERVE TRUST COMPANY, N.A.
BY MAIL: BY HAND: BY OVERNIGHT DELIVERY:
EQUISERVE TRUST COMPANY, N.A. SECURITIES TRANSFER EQUISERVE TRUST COMPANY, N.A.
P.O. Box 43025 & REPORTING SERVICES, INC. ATTN: CORPORATE ACTIONS
Providence, RI 02940-3025 C/O EQUISERVE LIMITED PARTNERSHIP 40 Campanelli Drive
100 Williams Street Galleria Braintree, MA 02184
New York, NY 10038
BY FACSIMILE TRANSMISSION
(FOR ELIGIBLE INSTITUTIONS ONLY):
(781) 575-4826/4827
CONFIRM BY TELEPHONE:
(781) 575-4816
DELIVERY OF THIS NOTICE OF GUARANTEED DELIVERY TO AN ADDRESS OTHER THAN AS
SET FORTH ABOVE OR TRANSMISSION OF INSTRUCTIONS VIA FACSIMILE TO A NUMBER OTHER
THAN AS SPECIFIED ABOVE WILL NOT CONSTITUTE A VALID DELIVERY.
THIS FORM IS NOT TO BE USED TO GUARANTEE SIGNATURES. IF A SIGNATURE ON A
LETTER OF TRANSMITTAL IS REQUIRED TO BE GUARANTEED BY AN OELIGIBLE INSTITUTIONO
UNDER THE INSTRUCTIONS TO SUCH LETTER OF TRANSMITTAL, SUCH SIGNATURE GUARANTEE
MUST APPEAR IN THE APPLICABLE SPACE PROVIDED IN THE SIGNATURE BOX ON THE LETTER
OF TRANSMITTAL.
THE ELIGIBLE INSTITUTION THAT COMPLETES THIS FORM MUST COMMUNICATE THE
GUARANTEE TO THE DEPOSITARY AND MUST DELIVER THE LETTER OF TRANSMITTAL AND
CERTIFICATES FOR SHARES TO THE DEPOSITARY WITHIN THE TIME PERIOD SHOWN HEREIN.
FAILURE TO DO SO COULD RESULT IN A FINANCIAL LOSS TO SUCH ELIGIBLE INSTITUTION.
THE GUARANTEE ON THE REVERSE SIDE MUST BE COMPLETED.
Ladies and Gentlemen:
The undersigned hereby tenders to HMI Acquisition Corp., a Delaware
corporation (the "Purchaser") and a direct or indirect wholly owned subsidiary
of John Wiley & Sons, Inc., a New York corporation, upon the terms and subject
to the conditions set forth in the Purchaser's Offer to Purchase, dated August
20, 2001 (the "Offer to Purchase"), and the related Letter of Transmittal
(which, together with any amendments or supplements thereto, constitute the
"Offer"), receipt of which is hereby acknowledged, the number of shares set
forth below of Class A Common Stock, par value $0.001 per share (the "Shares"),
of Hungry Minds, Inc., a Delaware corporation (the OCompanyO), pursuant to the
guaranteed delivery procedures set forth in Section 3 of the Offer to Purchase.
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Number of Shares of Class A Common
Stock:_______________________________________________________________________
Certificate Nos. (if available):
Class A Common Stock:__________________________________________________________
Check box if Shares will be tendered by book-entry transfer: [ ]
Account Number:________________________________________________________________
Dated:_________________________________________________________, 2001
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Name(s) of Record Holder(s):____________________________________________________
________________________________________________________________________________
________________________________________________________________________________
PLEASE PRINT
Address(es):____________________________________________________________________
________________________________________________________________________________
________________________________________________________________________________
ZIP CODE
Area Code and Tel. No.:_________________________________________________________
________________________________________________________________________________
________________________________________________________________________________
Signature(s):___________________________________________________________________
________________________________________________________________________________
________________________________________________________________________________
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GUARANTEE
(Not to Be Used for Signature Guarantees)
The undersigned, a participant in the Security Transfer Agents Medallion
Program, the New York Stock Exchange Medallion Signature Guarantee Program or
the Stock Exchange Medallion Program (each, an OEligible InstitutionO),
guarantees to deliver to the Depositary either certificates representing the
Shares tendered hereby, in proper form for transfer, or confirmation of
book-entry transfer of such Shares into the Depositary's account at The
Depository Trust Company, in each case with delivery of a properly completed and
duly executed Letter of Transmittal, with any required signature guarantees, or
an Agent's Message, and any other documents required by the Letter of
Transmittal, within three trading days (as defined in the Offer to Purchase)
after the date hereof.
The Eligible Institution that completes this form must communicate the
guarantee to the Depositary and must deliver the Letter of Transmittal and
certificates for Shares to the Depositary within the same time period stated
herein. Failure to do so could result in a financial loss to such Eligible
Institution.
Name of Firm:________________________ ________________________________________
AUTHORIZED SIGNATURE
Address:_____________________________ Name:___________________________________
PLEASE PRINT
_____________________________________ Title:__________________________________
ZIP CODE
Area Code and Tel. No._______________ Date:______________________________,2001
DO NOT SEND CERTIFICATES FOR SHARES WITH THIS NOTICE. CERTIFICATES SHOULD BE
SENT ONLY WITH YOUR LETTER OF TRANSMITTAL.
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