investor relations

Alfonso Perez-Soto Named New Media Director Warner Music Latin America and U.S. Latin

02/16/05

Inigo Zabala, President, Warner Music Latin America, today announced that Alfonso Perez-Soto has been named New Media Director, Warner Music Latin America and U.S. Latin. Based in Miami, Perez-Soto will report directly to Zabala.

For 7 years, Perez-Soto served as Senior Business Developer for Universal Music Group in Latin America where he created the mobile network for music and music related downloads and held various senior positions at Nokia worldwide. In his new position, Perez-Soto will oversee the exploration and adaptation of emerging music technologies as well as contribute to strategic development.

"With our business continuing to change so rapidly, we are lucky to have someone with such a wealth of experience in music and technology. I am pleased to welcome Alfonso and am confident he will be at the forefront of developing new business opportunities in a region with tremendous potential," said Zabala.

"I am extremely excited to be joining Warner and its incredibly talented team. I look forward to leveraging my experience to enable Warner Music to take advantage of the opportunities in this changing environment," said Perez-Soto.

Soto has earned his J.D. and BA in Spain, LL.M in University of Miami, and received three major scholarships including Harvard Law School and two with the Spanish Foreign Office in Colombia 1995 and Brazil 1996.

About Warner Music International

Warner Music International, a leading company in national and international repertoire, is headquartered in London and operates through 37 affiliates and numerous licensees in over 50 countries.

Source: Warner Music International