Press release

Fabrice Bo;eacute; Appointed Member of Gruner + Jahr AG Executive Board

Hamburg, 25 January 2006 –

Fabrice Boé; (43) has been appointed as the sixth member of the Gruner + Jahr AG Executive Board by resolution of the G+J Supervisory Board. As Managing Director of Prisma Presse, he will represent G+J´s French subsidiary on the board of Europe´s largest magazine publisher - the first Frenchman ever to sit on the G+J Executive Board. He succeeds Axel Ganz (68) who resigned from the G+J Executive Board on Dec 31, 2005. In summer 2005 Axel Ganz and G+J formed a Paris-based joint venture for developing magazines, which he will now devote himself to building further.

Fabrice Boé; joined Prisma Presse in March 2004 as Publishing Director Women´s Magazines, and was promoted to Managing Director on Jul 1, 2005. Prior to this, the Paris HEC graduate had worked at the L´Oré;al group for 16 years, most recently as Worldwide Director General for the Helena Rubinstein brand, then for Lanc;ocirc;me. In 2002, he left to become Managing Director of Herm;egrave;s International.

"I´d like to bid Fabrice Boé; a warm welcome to the Gruner + Jahr Executive Board. Since joining Prisma Presse, he has displayed great leadership qualities and passion for our magazines, and I am pleased that he will represent our most important international subsidiary on the board from now on," commented Gruner + Jahr CEO Dr. Bernd Kundrun.

Added Kundrun: "I would like to thank Axel Ganz for his long years of extremely successful work as a member of the Executive Board. His one-of-a-kind journalistic and publishing skills and his entrepreneurial flair were a formative influence on Gruner + Jahr. The internationalization of Gruner + Jahr would have been unthinkable without his commitment and dedication. Since 1978, Axel Ganz has established more than 60 magazines in France and many other countries. He is and will always be a tremendous role model for us all, the epitome of a publisher and magazine maker. I am delighted that Axel Ganz will be developing new magazine projects for the French market for Gruner + Jahr in a new joint venture now, so that our ties will remain intact in this way."

Dr. Andreas Knaut
Leiter Öffentlichkeitsarbeit + Unternehmenskontakte
Telefon: +49-40-3703-3113
E-Mail: knaut.andreas@guj.de

Fabrice Boé;