New York, NY, February 25, 2004
Axel Ganz, President of Gruner + Jahr´s International Magazine Division, has named Linda Fears, current deputy editor of Parents magazine as editor in chief of YM magazine, under the supervision of Sally Lee, editor in chief of PARENTS magazine and editorial director of the Parents Media Group.

Fears has been PARENTS´ deputy editor since 2000. She is a seasoned magazine editor who has served in top editorial positions for the past 18 years. Before being named PARENTS deputy editor, Fears was articles editor from 1999-2000. Prior to PARENTS, she was the lifestyle director at American Health for Women and Ladies´ Home Journal.

As editor in chief of Gruner + Jahr USA´s PARENTS magazine and editorial director of the Parents Media Group, which includes Parents Expecting, Parents Baby, Ser Padres and Parents.com, Sally Lee brings vision, personality and creativity to each title. Lee has also been editor in chief of two market-leading magazines for Gruner + Jahr: FITNESS and YM.

States Lee: "Linda proved she has the energy, smarts and vision to lead YM into the future. We´re very excited to work with the YM staff on taking this magazine to the next level of excellence."

Fears adds, "This magazine will be the coolest, hippest, most relevant read out there. We´re ready to transcend the teen category and deliver a product that will speak not only to our devoted fans but also to a whole new universe of young women. YM is a successful brand that´s ready to cement its reputation as the sourcebook for readers who always want to be on the cutting edge of cool."

As one of the top-ranked magazine publishers in America, reaching one of the largest readerships in America, 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 fifth largest media company overall in the world with yearly revenues of $17.86 billion.