Roger Faxon becomes Chairman and CEO of EMI Music Publishing

London, 6th March 2007

EMI Group is pleased to announce that Roger Faxon is the new chairman and CEO of EMI Music Publishing. Faxon's appointment is the culmination of the succession plan that EMI Group announced for its New York-based publishing division in January 2005.

EMI Group CEO Eric Nicoli said: "Roger is the ideal person to lead the next stage of EMI Music Publishing's development with his strategic insight, his digital prowess, his passion for and knowledge of music publishing and his vision for the company. With his highly talented and creative management team and EMI Music Publishing's outstanding roster of songwriters and catalogue, the company is in great hands and has excellent prospects.

"We are grateful for all that Martin Bandier has contributed to EMI over the past 17 years and wish him the very best for the future."

Last month EMI Music Publishing celebrated a record haul at the Brit awards as its writers won six of the 12 categories - The Arctic Monkeys, Amy Winehouse, the Fratellis, Nelly Furtado and Take That members Jason Orange and Howard Donald. At the Grammys three days earlier its successes included awards for Beyonce, John Legend, Stevie Wonder, The Flaming Lips, Pharrell Williams and Madonna.

For the past year Faxon has been president and co-CEO of EMI Music Publishing, and prior to that president and COO of the division. From 2002 to January 2005 he was the chief financial officer of EMI Group. Prior to that he was executive vice president and CFO of EMI Music Publishing for three years. He joined EMI in 1994 as senior vice president, worldwide business development and strategy.

Between 1990 and 1994 Faxon worked at Sotheby's, including a period as CEO of Sotheby's Europe. Throughout the 1980s he worked at a number of film and television companies, including Tri-Star and Columbia Pictures, where his roles included senior executive vice president of Columbia Pictures, Mount Company, where he was a founding partner of the company whose movies included Frantic, Bull Durham and Tequila Sunrise, and LUCASFILM Ltd where he was executive vice president/COO, responsible for guiding the financial and operational affairs of the company including the films Raiders of the Lost Ark, Return of the Jedi and Indiana Jones and the Temple of Doom.