Brown Printing Makes Top Management Change

HAMBURG, GERMANY—March 12, 2007—The Executive Board of Gruner + Jahr today announced the following management change at Brown Printing Co. effective July 1, 2007. Volker Petersen, currently VP of strategy and chief integration officer, Prinovis, a Bertelsmann joint venture, will be appointed president and CEO of Brown Printing Co., Waseca, MN.

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