Amsterdam, 21 June 2006 - Sanoma Men´s Magazines B.V. (SMM) plans to acquire all outstanding shares of Wegener Golf BV.SMM is a fully-owned subsidiary of Sanoma Uitgevers, the leading magazine publisher in the Netherlands.
Wegener Golf B.V. is a fully-owned subsidiary of Koninklijke Wegener N.V. Wegener Golf B.V. is the publisher of GOLFJournaal, GolfNieuws, Golf Extra and Golfers Magazine as well as the sponsor of related internet activities and events.Wegener Golf works closely with the Netherlands Golf Federation and leads the market in golf publications.These activitities are very well known among the growing numbers of golfers in the Netherlands. Wegener Golf B.V. has a staff of about 15 employees.
Managing director Auke Visser (SMM):“Golf magazines are a logical expansion of our special-interest portfolio, which comprises Sportweek, Zeilen, Fiets, Formule 1, AutoWeek, Moto73, Motor Magazine and Truckstar.This acquisition means that SMM now covers the golf segment, too.The online and other expansion opportunities fit in with our growth strategy.”
For Wegener, the acquisition means further concentration on core businesses.Jan Houwert, chairman of the Management Board:“We are convinced that we have found a good home for our golf magazines with Sanoma Uitgevers.Moreover, the professionalism of market leader Sanoma Uitgevers offers new opportunities.This is positive for the Dutch Golf Federation and all golf lovers in the Netherlands."
The parties expect that the negotiations will lead to the anticipated transaction.
Sanoma Men’s Magazines
Sanoma Men´s Magazines (SMM) is the publisher of Grasduinen, Kijk, Playboy, Maxim, Computer Idee (50%), Man of all Seasons, Nieuwe Revu, Panorama, Wandel Actief, AutoWeek, GTO, Motor, Moto'73, Truckstar, Sportweek, Ajax Magazine, Mojo Magazine, Formule 1, Fiets, Fiets Actief, Zeilen, Botenbank, Lucratief as well as the sponsor of countless successful websites, including AutoWeek, Playboy Cyberclub and Gamer.
Sanoma Men's Magazines is a fully-owned subsidiary of Sanoma Uitgevers. With a portfolio of more than 67 popular magazines (including related extensions, sites and events), Sanoma Uitgevers is the leading publisher of multimedia infotainment in the Netherlands.In 2005 Sanoma Uitgevers B.V. realised a turnover of 517 million euros.The company employs 1150 people in editorial and administrative departments at its headquarters in Hoofddorp, as well as another 600 workers through its subsidiaries, Sanoma Men's Magazines, Jonge Gezinnen BV, Ilse Media Groep and RCV.
Wegener NV
Koninklijke Wegener N.V. is a listed (Euronext) media and marketing company located in Apeldoorn. Wegener is the largest publisher of regional daily and local newspapers in the Netherlands and an important player in Western Europe when it comes to direct marketing.In addition, Wegener develops and exploits internet products and services, publishes special interest magazines and provides graphic products and services.
For more information, please contact (not for publication):
Sanoma Uitgevers B.V.
Trudy de Jong
Corporate Communications
Telephone : +31 23 – 556 55 84 / +31 6 – 274 028 80
E-mail : T.de.Jong@sanoma-uitgevers.nl
Koninklijke Wegener N.V.
Francijn Mekking
Corporate Communications
Telephone : +31 055 – 538 86 52 / +31 6 – 536 411 77

