The Portuguese Competitition Authority has now given its approval to the sell of Edipresse Group's 50% stake in the Edimpresa

Edipresse Asia Ltd, a subsidiary of Edipresse Group, has acquired 100% of Singapore-based luxury publisher Solitaire Media Ltd. The acquisition is yet another milestone of Edipresse’s development into Asia-Pacific’s leading luxury and lifestyle media group.

Taiwan is experiencing a revival on many different economic, social and cultural levels. Adding to this dynamism, Edipresse has entered the market with the launch in June of Taiwan Tatler, a unique monthly publication offering readers an intimate close-up with the people, happenings and events of Taiwan’s social elite.

Edipresse Group announced it has reached today an agreement to acquire 100% shareholding in Singapore lifestyle publisher Appetite Media Pte Ltd. The move marks Edipresse continued expansion of its luxury lifestyle publishing portfolio in Asia. Appetite Media publishes Appetite, Luxury and Grandeur (Haohua in Chinese) magazines.

Edipresse Group has sold its 50% stake in the Portuguese magazine publishing company Edimpresa to its joint-venture partner Impresa. The transaction must still be formally submitted to the Portuguese competition authorities for approval.

Edipresse’s Asian subsidiary Edipresse Asia together with the Group’s multimedia luxury and watch making entity, Edipresse Luxe, are proud to announce the first Asian issues of GMT XXL magazine, which will be launched in June 2008 in Singapore, in July in Hong Kong and in August in Malaysia.

In a period of significant transformation of the media industry, Edipresse improved upon its results from last year:

Edipresse Asia has won its first kudos for 2008. At IFRA's seventh Asia Media Awards, Edipresse Asia's flagship publication, Hong Kong Tatler, won a Judges' Special Recognition award in the Best in Magazine Overall Design category, while Home Journal won Bronze in Best in Magazine Cover Design.

2 April, 2008 - Basel, Switzerland - From Singapore to New York, Madrid to Hong Kong, Moscow to Shanghai, Revolution is conquering the world's major watch markets. Edipresse Group's luxury multimedia entity, Edipresse Luxe and Revolution International Limited have signed an agreement to launch a Francophone edition of Revolution. Published on a quarterly basis, this edition will be distributed in Switzerland, France and Belgium in autumn 2008.