SINGAPORE, MARCH 31st – Singapore Press Holdings announced today that Mr Lee Cheok Yew has ceased to be CEO of SPH MediaWorks Ltd with immediate effect.

Mr Lee joined SPH MediaWorks in June 2000 and helped to set up its two TV stations – Channel U and Channel i.

The Board of SPH MediaWorks Ltd is pleased to announce the appointment of Mr Wee Leong How as Executive Director of SPH MediaWorks with effect from 1 April 2003. Mr Wee will take charge of SPH MediaWorks until a new CEO is appointed.

A graduate of Cambridge University, Mr Wee is currently Chairman of Times Periodicals Pte Ltd, the leading magazine publisher in Singapore, with titles like Her World, Her World Brides, Young Parents and Home & Décor. He is also Executive Vice President of Human Resources in SPH. In his 19 years with SPH, Mr Wee has also held appointments in Corporate Planning and Corporate Relations.

Said Mr Wee: "We have a great bunch of committed and enthusiastic colleagues at SPH MediaWorks. My task is to work with them not just to improve further in our ratings but also to translate our ratings into revenue.

"I want to assure all our customers and business partners that SPH is fully committed to our TV business. We will work hard to ensure that our customers and partners continue to get maximum value from us."

SPH CEO Alan Chan added: "SPH is fully committed to the success of TV. Mr Wee will work with the team in SPH MediaWorks to ensure that they stay committed and are not affected in any way by Mr Lee's departure."

Issued by Singapore Press Holdings Limited.

For more information, please contact:

Irene Ngoo
Assistant Vice President
Corporate Relations
Tel: 6319 1216
Email: ingoo@sph.com.sg

Main board listed Singapore Press Holdings Limited is the leading news and information provider, offering quality content for print, Internet, TV and radio. It is licensed to publish 15 newspapers in the four official languages and six lifestyle periodicals. Everyday, 2.78 million individuals, or 90 per cent of people above 15 years old, read one of 15 newspapers published by SPH while online publication of its six main dailies enjoy some 120 million page views a month. SPH has ventured into the broadcast medium and operates two popular free-to-air TV channels, Channel U in Chinese and Channel i in English.