Market announcement

Title

Sven Nuutmann has been appointed as the new Chairman of the Manageme Board of AS Delfi

Message

The Supervisory Board of AS Delfi has decided to call back the Chairman of the
Management Board Andrus Raudsalu. On 21 December 2009, Mr. Sven Nuutmann has
been appointed as the new Chairman of the Management Board. Mr. Nuutmann has a
long-term experience in media and telecommunications. He has served as Vice
President of Rambler Media Ltd and as COO of Rambler TV and Tele2 in Russia.
Mr. Nuutmann has also served as CEO of MTG Radio in Eastern Europe (part of
Modern Times Group MTG AB). Previously, Mr. Nuutmann served as CEO of
advertising agency Droom (part of Ühendatud Närvivõrgud OÜ) from 2007 until
2008, as CEO of Sportland Eesti AS from 2008 until 2009 and as CEO of Jalajälg
AS until 2009. Mr. Nuutmann is the Member of the Management Board of OÜ EastCom
Capital, Beltrade OÜ and Cargopartner OÜ. Mr. Nuutmann graduated from the
Estonian Business School specializing in business management. 
„Delfi as the largest online media company in the Baltic States, is one of the
most significant activities of AS Ekspress Grupp,“ says Mr. Gunnar Kobin, the
member of the Supervisory Board of AS Delfi. „Mr. Nuutmanns background in
international business world and experience in media was decisive,“ commented
Mr.Kobin. „Delfis biggest challenges in nearest years will be developing the
portaal in Ukraine and its is important to have someone with a long-term
experience in high potential markets in Eastern Europe in the management of the
company,“ added Kobin. 
Mr.Nuutmann does not own any shares in AS Ekspress Grupp.


Additional information:
Gunnar Kobin
Chairman of the Board
GSM: +372 5188111
e-mail: gunnar@egrupp.ee