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Managing Director (2) · Control: Gruner + Jahr AG & Co. KG · Control: Gruner + Jahr AG & Co. KG · Capital: €25,000 · Share­holder agreement · Proxy · Corporate Purpose Hrb24 May 2006 German Trade Register Announcements, Germany (23/05/2006)

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DPV Gruner + Jahr GmbH, Hamburg (Ungenannte Str. ??, 20355 Hamburg, Germany). GmbH. Partnership agreement of March 29, 2006. Subject: distribution and publication of all kinds of press products. Share capital: EUR 25,000.00. General representation scheme: If there is only one managing director, he shall represent the company alone. If several directors are appointed, the company is represented by two directors or by a managing director together with an authorized representative. The power of sole representation may be granted. Managing directors may be authorised to carry out legal transactions on behalf of the company with themselves in their own name or as a representative of a third party. Managing Director: ?????, ???????, Henstedt-Ulzburg, *??.??.????; ??????, ????, Hamburg, *??.??.????, each with the right to represent each other together with another managing director or an authorized representative. On March 29, 2006, a control and profit transfer agreement was concluded with the Gruner + Jahr AG & Co. KG based in Hamburg (District Court of Hamburg HRA 102257) a.s. the dominant company. It was approved by the Shareholders' Meeting of March 29, 2006. Because of the further content, reference is made to the said contract. A/S not registered, the company's announcements are made in the electronic Federal Gazette.

This filing was translated from German to English. The filing refers to a past date, and does not necessarily reflect the current state. The current state is available on the following page: DPV Gruner + Jahr GmbH, Hamburg, Germany.

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