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Blu Inc Media, Magazines Incorporated And SPH Magazines Will Be Merged Into One Entity

Singapore, 6 November 2006 - With effect from 1 December 2006, the operations of Blu Inc Media Pte Ltd ("BIM") and Magazines Incorporated Pte Ltd ("MI") will be merged under SPH Magazines Pte Ltd ("SPH Magazines") to operate as a single entity.

All newsstand titles currently published by BIM and SPH Magazines respectively will be housed under the General Lifestyle Division to be headed by Managing Director, Allen Loh. The titles include, among others, Her World, Female, CittaBella, NuYou, Simply Her, Shape, Seventeen, ICON, FiRST, Torque, Maxim, Men’s Health, Young Parents and Home & Decor.

Managing Director, Dennis Pua will head the Specialist Publications Division which will principally publish closed circulation titles such as The Peak and People at the Peak and custom publications such as Silver Kris, Kris Shop, Winning Post among other publications.

Caroline Ngui, Group Editor-in-Chief, will oversee the editorial functions of the entire stable of magazines.

Chief Operating Officer, Lee Kok Chew will manage and oversee the Corporate Office, the critical operational backbone of the publishing business which includes Strategic Planning, Publishing Services, Human Resource, Legal and Corporate Communications. Mr Lee will also manage the Company’s overseas investments and new acquisitions including Hardware Zone Pte Ltd.

Mr Loh Yew Seng, CEO of SPH Magazines says: "I am very excited about the consolidation of all the titles under one roof. We foresee that the synergies derived from the consolidation will translate to us providing even better service to our customers and business partners and help us to maintain our position as a leading publisher in Singapore and ultimately the Publisher of Choice in the Asia Pacific Region."

Issued by SPH Magazines Pte Ltd
Co. Regn No: 196900476M


For more information, please contact:

Mr Francis Mah / Ms Lye Peixian
Assistant Manager / Executive
Corporate Communications Division
Singapore Press Holdings Ltd
DID: (65) 6319 1028 / 6319 1225
Fax: (65) 6319 8150
Email: mahys@sph.com.sg / peixian@sph.com.sg

About SPH Magazines Pte Ltd
A leading publisher in Singapore and the region, SPH Magazines Pte Ltd is a wholly-owned subsidiary of media giant Singapore Press Holdings Limited.
With a proven track record for sterling editorial content & award-winning designs, SPH Magazines raises the bar as a dynamic magazine publisher. In its stable are over 90 titles in English and Chinese, covering lifestyle, fashion, beauty, society, bridal, health, men’s lifestyle, movies, automobile, parenting, decor, information technology and business. All the newsstand publications, including flagship title Her World, and other well-known titles such as Female, The Peak, Home and Decor, Nuyou and Torque are among the highest-circulating titles and best-read in their respective lifestyle category.
SPH Magazines recently acquired Hardware Zone Pte Ltd, a provider of marketing channels and services to the information communications, technology and interactive entertainment industry. Hardware Zone publishes IT magazine titles across Asia, namely HWM, GameAxis, Unwired and PHOTOVIDEOi along with popular online portal www.hardwarezone.com which has to date, a monthly viewership of more than 35 million page impressions.
In addition, an established editorial unit provides excellent custom publishing services to major corporate clients by producing custom lifestyle magazines, newsletters and other collateral to meet their business needs.
With a vision to continue growth regionally, SPH Magazines is set to become Asia’s publishing powerhouse. It has editorial offices in China, Thailand, Malaysia and Indonesia. Magazines in its fold have achieved strong market presence in their respective sectors, as well as distinguished track records and solid reputations.
At SPH Magazines, the promise is to deliver its best to meet the diverse needs and interests of readers and advertisers.