American Media, Inc. Names Dean Durbin Executive Vice President and Chief Financi... (filings up to date. His financial acumen...)

American Media, Inc. Names Dean Durbin Executive Vice President and Chief Financial Officer

Date:1/21/2008

filings up to date. His financial acumen was invaluable during this time and I'm delighted he will remain a resource for us in the future."

Richard Bressler, Managing Director at Thomas H. Lee Partners, said, "I can't thank Jack enough for the tremendous job he did at AMI. In Dean Durbin, we have an executive whose financial knowledge and insight will be as important to the company going forward as Jack's talents were in getting us to where we are today." Thomas H. Lee Partners, together with Evercore Capital Partners, are the principal shareholders in AMI.

Mr. Craven added, "I have accomplished what I wanted to achieve at AMI and look forward to an ongoing relationship with David as well as having the opportunity to work with new clients."

Mr. Pecker said that AMI's performance in its current fiscal year is its strongest in recent years. The magazines Shape, Men's Fitness and Star are each generating the largest advertising revenue in their respective histories, and the key newspaper tabloids, led by the National Enquirer, are posting higher profits. In addition, the company has generated significant improvements in Bank EBITDA during this period.

Regarding his new position, Mr. Durbin commented, "Joining AMI is a tremendous opportunity for me. David Pecker has outlined his brand strategies and I'm confident that my past experience makes me more than equal to the challenges ahead, including maintaining the exceptional standards and practices that Jack Craven has established for the accounting group."

About American Media, Inc.

American Media, Inc. is the leading publisher of celebrity journalism and health and fitness magazines in the U.S. These include Star, Shape, Men's Fitness, Fit Pregnancy, Natural Health, and The National Enquirer. In addition to print properties, AMI owns Distribution Services, Inc., the country's #1 in-store magazine merchandising company.

Contact: Todd Fogarty

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American Media, Inc. Names Dean Durbin Executive Vice President and Chief Financi...(filings up to date. His financial acumen...),Health