New York, February 17, 2004
Axel Ganz, President of Gruner + Jahr´s International Magazine Division and interim Chief Executive Officer of Gruner + Jahr USA, announced the appointment of Cindy Still to Executive Vice President, Consumer Marketing. In this role, Still, who joins Gruner + Jahr USA from Time 4 Media, a division of Time Inc., will oversee circulation and consumer marketing functions for all Gruner + Jahr USA titles.

"Cindy has contributed to the success of several well-known publications and won numerous awards for management excellence," says Ganz. "She is a visible and respected consumer magazine executive, whose focus at Gruner + Jahr USA will be leveraging our presence at retail, and enhancing our traditional subscription marketing activities. I am delighted she is joining us."

"I am pleased to join Gruner + Jahr USA as Executive Vice President, Consumer Marketing," says Still. "The company has an impressive roster of magazines; investments in their titles have positioned them for strong growth, and I look forward to contributing to those efforts."

Still holds key industry leadership roles. Currently, she is a member of the Audit Bureau of Circulations (ABC) Magazine Director´s Advisory Committee. She is a frequent industry speaker and judge, and is a former instructor at New York University´s Summer Publishing Institute. She has served as Chair and Vice Chair of the Direct Marketing Association (DMA) Circulation Council Operations Committee and has been a member of the Magazine Publishers Association (MPA) Consumer Marketing Committee and in the Fulfillment Management Association (FMA).

For the past six years, Still has been Vice President, Consumer Marketing at Time Inc.´s Time 4 Media division, directing all consumer marketing of Golf Magazine and Popular Science. Last month, Capell´s Circulation Report named Popular Science one of the Top Ten Circulation Performers of 2003, calling it "one of the great turnaround stories of the last decade." Ms. Still was nominated for the Time Inc. President´s Award, the company´s highest honor, in 2001 and her team received a Time Inc. Consumer Marketing Award in 2002.

Previously, Still was Associate Publisher of The Atlantic Monthly, where she was part of the management team that brought the magazine to profitability for the first time in its 130 years. Capell´s Circulation Report named The Atlantic Monthly one of the Top Ten Circulation Performers of 1993. In addition to directing all consumer marketing, she directed the development of the Museum Guide, a profitable joint venture with Brant Communications, as well as Private Profit Public Gain, the first magazine supplement devoted to corporate philanthropy. While there, she was awarded the Circulation Management Magazine Circulation Excellence Award for "outstanding achievement and innovation in magazine circulation."

Still began her career as an editorial intern at 13-30 Corporation (later Whittle Communications), while a student at the University of Tennessee, Knoxville. She soon became involved in other aspects of the business including advertising, marketing and circulation.

Joining Esquire magazine in New York, she took on a succession of responsibilities in advertising and consumer marketing. As Marketing Director, she oversaw Esquire´s 50th Anniversary celebration, centering on the record-breaking issue "50 Who Made the Difference."

In 1995 she was elected to the board of directors of the ABC, the first woman to represent consumer magazines in that capacity. In six years on the board she served on a number of committees and subcommittees and was Vice Chair of the Board´s Magazine Committee.

Still holds a Bachelor of Science degree from The University of Tennessee, Knoxville and a Master of Arts from New York University.

As one of the top-ranked magazine publishers in America, reaching one of the largest readerships in the U.S., Gruner + Jahr USA publishes CHILD, FAMILY CIRCLE, FAST COMPANY, FITNESS, INC., PARENTS and YM. Gruner + Jahr USA is 25.1% owned by the Jahr Group and 74.9% owned by Bertelsmann AG, the largest privately held and the fifth largest media company overall in the world with yearly revenues at $17.86 billion.