Press release

GLAMOUR in the Netherlands: Gruner + Jahr and Cond;eacute; Nast to Launch Dutch Edition of GLAMOUR in 2005

Hamburg, 10 January 2005 –

Gruner + Jahr is furthering its expansionin 2005 and will start publishing the internationally successfulwomen´s magazine GLAMOUR in Holland under license fromCondé; Nast this fall. In the wake of the highly successful Polishedition of GLAMOUR, this is the second international collaborationbetween the two publishers. In Poland, GLAMOUR was voted "MagazineLaunch of the Year 2003" and currently sells 203,717 copies per issue.

The Dutch edition of GLAMOUR will be managed by Editor-in-ChiefKarin Swerink, who most recently was deputy editor-in-chief ofHolland´s biggest women´s magazine "Libelle," published by Sanoma.

GLAMOUR is one of the most successful and fastest-growing internationalbrands in the women´s magazine sector at this point. The title ispublished in 11 countries, including Italy, the U.K.,Germany and France.

Torsten-Jörn Klein, G+J executive board member in charge ofInternational Magazines, declared: "We already celebrated a hugesuccess with GLAMOUR in Poland, and look forward to a closecollaboration with Condé; Nast in the Netherlands. After our Dutchbusiness showed such rapid growth in 2004, investing in an ambitiousproject like GLAMOUR is a strategically logical step.The GLAMOUR concept reflects the needs of 21st-century women andcombines fashion, beauty, and lifestyle with the highest editorialquality like no other magazine on the Dutch market." Bernd Runge,Vice President Condé; Nast International, added: "GLAMOUR stands forquality, innovation and internationality like few other women´smagazines. Its innovative concept of a swift and varied mixture oftopics is currently conquering the women´s magazines sectorworldwide. We are delighted that G+J will be advancing its successstory in the Netherlands."

Eric Blok, Managing Director G+J Netherlands, said: "We very muchlook forward to conquering the women´s segment with GLAMOUR.Karin Swerink has exceptional journalistic experience in thewomen´s magazine sector. She will build a competent editorial teamthat will guide GLAMOUR to reaching our ambitious goals."

For further information:

Kurt Otto
G+J Press Spokesman
Gruner + Jahr AG & Co KG
Am Baumwall 11
D-20459 Hamburg
Phone: +49-40-3703-3810
Fax: +49-40-3703-5688