RNS Number:2178Q
Eden Bidco Limited
17 March 2008


                EDEN BIDCO LIMITED APPOINTS DAVID GILBERTSON AS
                     CHIEF EXECUTIVE OF EMAP COMMUNICATIONS

           Appointment to be effective on completion of acquisition -
                           expected on 20 March 2008


London, UK - 17 March 2008: The board of Eden Bidco Limited today announces
that, subject to completion of the recommended acquisition of Emap plc, David
Gilbertson will be appointed as Chief Executive of Emap Communications. His
appointment will become effective on 20th March 2008, when the acquisition is
expected to complete.

Eden Bidco Limited is a newly incorporated company formed by funds advised by
Apax Partners ("Apax") and Guardian Media Group plc ("GMG") for the purpose of
acquiring Emap plc.

David Gilbertson, 50, is currently Chief Executive of Informa Plc, the
international information, publishing and events business.

He has extensive experience in the information industry, having held senior
positions with Reuters, Reed Elsevier and LLP Group. He was a member of the
management buy-out team that acquired LLP from Lloyd's of London in 1995, and
became its Chief Executive in 1997. He took LLP to flotation on the London Stock
Exchange in 1998 and became Chief Executive of Informa Group plc on its
formation following the merger of LLP and IBC in December 1998.

He was appointed Managing Director following the merger of Informa and Taylor &
Francis in 2004, and Chief Executive in 2007. He is also Non-Executive Chairman
of John Brown Holdings Limited.

David Gilbertson said: "I am delighted to be joining Emap at this stage of its
development, backed by new shareholders with the ambition to build a truly great
media group. Emap already has market-leading brands and positions in major
business sectors and I believe these will provide a strong platform for growth
both organically and through acquisition over the next few years."

Carolyn McCall, Chief Executive of Guardian Media Group, said: "David is one of
the leading figures within the business-to-business sector and we are delighted
he will be joining us. We look forward to working with Apax and the Emap team to
develop and grow this excellent business."

Irina Hemmers, Partner at Apax Partners, said: "David has an excellent track
record of growing information businesses both organically and through strategic
acquisitions, and we are delighted that he has chosen to work with us at this
exciting time in the evolution of the global B2B market space."

                                    - ends -


Further information:

Apax
Ben Harding
Tel +44 (0)20 7872 6401
Email: ben.harding@apax.com

Guardian Media Group
Colin Browne, Maitland
Tel +44 (0)20 7379 5151
Email: cbrowne@maitland.co.uk


About Apax Partners

Apax Partners is one of the world's leading private equity investment groups. It
operates across the United States, Europe, Israel and Asia and has more than 30
years of investing experience. Funds under the advice of Apax Partners total $35
billion around the world. These Funds provide long-term equity financing to
build and strengthen world-class companies. Apax Partners Funds invest in
companies across its global sectors of Tech & Telecom, Retail & Consumer, Media,
Healthcare and Financial & Business Services. Funds advised by Apax Partners
have invested in the media sector for more than 20 years. Significant recent
investments include: Incisive Media, Central European Media Enterprises, HIT
Entertainment, World Directories and Yell. For more information visit:
www.apax.com

About Guardian Media Group

Guardian Media Group plc is one of the UK's leading multimedia companies. Its
diverse portfolio includes:

* Guardian News & Media: the Guardian and Observer newspapers and the
  Guardian.co.uk website.

* GMG Regional Media: the Manchester Evening News and its website, a
  number of other regional newspapers in the North West and South of England,
  and the Channel M city TV station.

* GMG Radio: regional radio stations across the UK under the Real Radio,
  Smooth Radio, Century Radio and Rock Radio brands.

* Trader Media Group: one of Europe's largest specialist print and online
  media companies, and publisher of the Auto Trader magazine and website.
  Trader Media Group is jointly owned by GMG and Apax Partners, with GMG as
  the majority shareholder.

* GMG Property Services Group: Vebra and Core, leading providers of
  software to independent estate agents and thinkproperty.com, the
  consumer-facing portal.

GMG is owned by the Scott Trust, which was created in 1936 to secure the
financial and editorial independence of the Guardian in perpetuity. For further
information visit www.gmgplc.co.uk.




                      This information is provided by RNS
            The company news service from the London Stock Exchange

END
BOAGLGDXCSBGGIR

Emap (LSE:EMA)
Gráfico Histórico do Ativo
De Mai 2024 até Jun 2024 Click aqui para mais gráficos Emap.
Emap (LSE:EMA)
Gráfico Histórico do Ativo
De Jun 2023 até Jun 2024 Click aqui para mais gráficos Emap.