Caroline Stockdale Named Executive Vice President, Human Resources, of Warner Music Group

07/25/05

NEW YORK, NY, Jul 25, 2005 -- Warner Music Group Corp. (NYSE: WMG) today announced Caroline Stockdale will join the company as Executive Vice President, Human Resources. Stockdale will report to Edgar Bronfman, Jr., WMG's Chairman and Chief Executive Officer, and will be based in New York.

Stockdale will oversee all areas of human resources for the company's worldwide employees, including staffing, organization, employee relations, new employee initiatives, and productivity.

Stockdale has served as a senior human resources executive at some of the world's largest corporations. Most recently, Stockdale was Senior Vice President, Relationship Leader Human Resources, at American Express Financial Advisors/Global Financial Services where she was the human resource leader for the Financial Services arm of American Express and its approximately 22,000 employees and Independent Financial Advisors.

"Warner Music Group's two most valuable assets are our artists and our employees," said Bronfman. "Caroline is a seasoned human resources professional, and we are thrilled to have an executive with her global experience join WMG as we continue to transform the company."

"I am very excited to be joining such a dynamic company during a transformative period in the music industry," said Stockdale. "I have a real passion for working with people, and I'm looking forward to leveraging my background in human resources and employee relations to address Warner Music Group's global workforce needs."

Before joining American Express Financial Advisors in 2002, Stockdale held a variety of human resources leadership positions at General Electric (GE) Capital Corporation in Europe and the United States beginning in 1997. Stockdale rose to the level of Executive Vice President and Global Human Resources Leader at GE Capital Corporation's Aviation Services division, a $40 billion aircraft financing business operating in more than 65 countries.

Stockdale qualified as a chartered accountant and graduated with a B.A. Honors degree from the University of Sheffield in Sheffield, England.

About Warner Music Group

Warner Music Group (WMG) became the only stand-alone music company to be publicly traded in the United States in May 2005. With its broad roster of new stars and legendary artists, Warner Music Group is home to a collection of the best-known record labels in the music industry including Asylum, Atlantic, Bad Boy, East West, Elektra, Lava, Maverick, Nonesuch, Reprise, Rhino, Sire, Warner Bros. and Word. Warner Music International, a leading company in national and international repertoire operates through 37 affiliates and numerous licensees in more than 50 countries. Warner Music Group also includes Warner/Chappell Music, one of the world's leading music publishers, with a catalog of more than one million copyrights worldwide.