V. Prior to her position as President, Active Lifestyle and
Entertainment Groups at AMI, she was Senior Vice President, Publishing
Director of Shape magazine.

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States Denson, "Carolyn's experience in women's magazines -- building
staffs and driving ad revenues -- has made her enormously successful. And of course , I know she will truly be a partner with me in
building a new G+J USA, as we have enjoyed working together very successfully
in the past. I believe in the new mission
of the company and the momentum that Russell has already achieved in the short
time he has been at the helm.

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Her
experience , track record and commitment, make her a perfect fit for our
company., and Parents.

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It's time to think about paying for college now --
even if college is years away.
Most families will share in at least a portion of their children's college
expenses.

Carolyn Bekkedahl Named E.V.P. Group Publisher at G+J USA

NEW YORK, Russell Denson, President and CEO of
Gruner + Jahr USA Publishing , announced today that Carolyn Bekkedahl will join
the Company in the newly created position of E .

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Businesses can offer North Carolina's 529
college savings program as an employee benefit for employees to make
contributions through payroll deduction.

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RALEIGH, N. North Carolina's National College Savings Program helps build
college savings accounts with tax-free earnings, no enrollment fee, no sales
charges and a range of investment options.
Gruner + Jahr USA is 25.

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More than 7.

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All G+J USA publishers will report to her with the
exception of Katherine Rizzuto, publisher of Fitness magazine, who will
continue to report to Denson (in order for Bekkedahl to honor a non-compete
pact with AMI)."
In this new position, Bekkedahl will lead the publishing units of the
Company to achieve G+J USA's short-range and long-term advertising and
marketing goals in existing and new markets. A graduate of the College of William and Mary, Bekkedahl is
an active member of Cosmetic Executive Women and serves on the American
Magazine Conference committee of the Magazine Publisher 's of America.

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If you already have an account in North Carolina's National College
Savings Program, September is a great time to increase your contribution
level., a nonprofit corporation helping North Carolina
students and families since 1955, services a portfolio of more than $2 billion
of low-interest education loans, college grants and North Carolina's tax-free
529 college savings program.

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org/savings to learn about North Carolina's tax-free 529
college savings plan, or call toll -free 1-800-600-3453.

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P.S.

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, With college costs rising, the
earlier you start saving for a child's college expenses, the better -- even if
you start contributing in little baby steps.

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Group Publisher. Beginning on May 16, 2005, she will report
directly to Denson.
Bekkedahl comments , "I am very excited about joining G+J USA for many
reasons: the magazines are stellar brands and I look forward to enhancing
their positions in the marketplace, and I'm delighted to reunite with Russell
Denson for whom I have a great deal of respect.

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That's why, this month, employees of College Foundation, Inc., Gruner + Jahr
USA publishes Child, Family Circle, Fast Company, Fitness , Inc.1% owned by the Jahr Group and 74.

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C.
CFI administers North Carolina's National College Savings Program and
wants parents, grandparents, relatives and friends to know that September is
College Savings Month.
Adults interested in returning to college or starting new study can even
set up their own 529 account.
Bekkedahl was most recently President, Active Lifestyle and Entertainment
Groups at American Media (AMI).

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"
A seasoned executive, Bekkedahl has had an illustrious career in magazine
publishing.

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This category lists interactive, real-time online chat rooms, bulletin boards , discussion groups, and message boards where the topic is the family.

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5 million families in all 50 states have opened section 529
qualified tuition savings programs to help pay for a child's college education
and lessen the need to borrow.
Go to CFNC.

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About College Foundation, Inc.

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Encourage family and friends to think about making a contribution to a
child's college savings for holiday and birthday gifts that will last a
lifetime.
College Foundation, Inc.

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I couldn't be happier about her decision to join us, and am very
proud to welcome her to the team. Bekkedahl held senior advertising positions at
Hachette Filipacchi Magazines; VP, Associate Publisher for Family Life
magazine; Advertising Director at Premiere magazine; and Eastern Sales Manager
for Women's Day.

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About Gruner + Jahr USA: As one of the top-ranked magazine publishers in
America, reaching one of the largest readerships in the U.

childminders carolyn

(CFI) in
Raleigh are pooling money for a co-worker's baby shower gift -- a contribution
for the mother to use in opening a tax-free 529 college savings plan once the
baby is born. She will be working closely with
Denson to develop sales and marketing strategies , and tactics to strengthen
brand positioning and growth for each title in their respective markets .9% owned by
Bertelsmann AG, the largest privately held and the fifth largest media company
overall in the world with yearly revenues at $17.

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Take Baby Steps Toward College Savings; September is College Savings Month

86 billion.

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---

- - kjjkjk

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