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Gregory R. Blatt appointed Chairman of the Board, Philippe Chainieux appointed CEO of the Meetic group

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09/29/2011 | 01:35pm EDT

Regulatory News:

MEETIC (Paris:MEET - FR0004063097), the European leader in online dating, today announces changes in the composition of its Board of Directors.

Following the restructuring of the Group's capital, a MEETIC Board meeting was held on Wednesday 28th September 2011. Gregory R. Blatt, Chief Executive Officer of the IAC group, MEETIC's majority shareholder, has been appointed Chairman of the Board of Directors, thus replacing Marc Simoncini, who remains a member of the Board.

At the same time, Philippe Chainieux was promoted to Chief Executive Officer of the MEETIC group and becomes a member of the Board.

The MEETIC group's Board of Directors thus now consists of the following members: Gregory R. Blatt, Chairman; Marc Simoncini, Philippe Chainieux and W. Michael Presz, Directors; Anne M. Busquet, recently appointed, and Marc-Louis Landeau, independent Directors.

About Meetic, European online dating leader (www.meetic-corp.com): Meetic manages two services in Europe: online dating and matchmaking, mainly under the Meetic and Meetic Affinity brands, and markets two highly complementary economic models on the dating market, one based on internet use, the other on mobile phones. By acquiring the European activities of world leader Match.com in June 2009, Meetic has strengthened its first place on the continent. The group is currently established in 16 European countries, and is available in 13 languages. From inception, the group has pursued a clear leadership strategy focusing on quality, innovative marketing and perfect technological expertise. Meetic works hard to optimize service quality and to satisfy every possible expectation of its European subscribers. In 2010, Meetic posted sales of ?186.0m and an EBITDA margin of 20.6%.

Listed on Euronext Paris - Compartment B of the NYSE Euronext - ISIN: FR0004063097

Results for the 3rd quarter of 2011 will be published on:
8th November 2011, after market

Finance department
Stéphanie Pardo
Investor relations
Pierre Laurent
Axelle Vuillermet
Tel: +33 (0)1 44 71 94 93

© Business Wire 2011
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