Samuel Chou Named Chairman Warner Music China

06/16/04

Warner Music International Forms Chinese Region

Warner Music International (WMI), in a move to capture continued leadership in local repertoire, today announced a newly formed Chinese Region which will be run under Samuel Chou who has been appointed Chairman, Warner Music Regional Chinese, effective immediately.

Warner Music is the leading music company in region, with the most powerful roster in China and Taiwan and the second strongest in Hong Kong. Samuel Chou, formerly Managing Director of Warner Music Taiwan, will now oversee the whole of Greater China, combining these three Chinese repertoire sources into one Chinese region.

Paul- Rene Albertini, Chairman and CEO WMI, commented, "These changes reiterate the strategic value of Chinese repertoire and enables the entire repertoire source to be integrated on a regional level. We are now positioned to maximise our opportunities given the massive growth of this market."

"I am delighted to announce this critical change to our team," said Lachie Rutherford, President Warner Music APAC. "I am confident Samuel, one of the region's most talented executives, will face the booming opportunities in this market. I have no doubt we will continue to increase our scale in mainland China."

"I am extremely pleased to lead the company across the whole of China at this exciting time in our business. The opportunity presented to us with the increasing penetration of mobile and broadband usage creates incredible potential for top quality content and exploitation," said Samuel Chou.

Reporting directly to Chou are Gary Chan, Managing Director, Warner Music Hong Kong and Zorro Xu, Managing Director of Warner Music China.

Samuel Chou was previously the Managing Director of Warner Music Taiwan and joined Warner Music in 1999.

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