Press release

G+J International: Pierre Riandet to Enhance Management Team Headed by Dr. Torsten-Jörn Klein

Hamburg, 19 September 2005 –

G+J´s International Magazines division is finalizing its management team. Pierre Riandet, 39, has been appointed Executive Vice President International Magazines divison, effective Nov 1, 2005. He reports directly to Dr. Torsten-Jörn Klein, G+J Executive Director of the International Magazines division. Riandet will supervise the Existing Markets and Controlling units, as successor to Rolf Heinz, who has served as Managing Director of G+J/Mondadori in Milan since the beginning of September.

Riandet, a Frenchman, earned his degree in business administration fromDijon and Paris. Following professional stints at Arthur Andersen ; Co., theTreuhandanstalt Trust Agency and Dow Chemicals ; Plastics, he joinedCoca Cola Erfrischungsgetränke AG 1997. He has served as head of theFinance department at Berliner Verlag since November 2000.

Dr. Torsten-Jörn Klein said: "Pierre Riandet is an excellent publishingexecutive whom I have known for years. I am delighted to have recruitedhim for our team and wish him the best of success and luck in his futureduties."

Alexander Adler
Director Media Relations
Fon: +49.40.3703-2244

Pierre Riandet