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Press release

Gruner + Jahr Posts Significant Rise in Revenue and Result for 2005

Hamburg, 26 March 2006
Gruner + Jahr, Europe┬┤s biggest magazine publisherand the strongest-selling German publisher, lastingly enhanced its leadingmarket position in fiscal 2005. For the first time in four years, G+J increasedits revenues and achieved significant growth in profits, managing to pull offa turnaround in a difficult market environment.