PRESS RELEASE

25th July 2019

REWORLD MEDIA announces that the Competition Authority

authorizes the acquisition of Mondadori France

REWORLD MEDIA announces today that the Autorité de la Concurrence authorizes the transaction conditional on the sale of a car magazine title. As part of this authorization and in order to maintain sufficient competition in the automotive magazine market, REWORLD MEDIA is committed to sell either L'Auto-Journal, published by the joint venture EMAS (Editions Mondadori Axel Springer) or Auto Moto , published by

REWORLD MEDIA.

REWORLD MEDIA also announces that ARNOLDO MONDADORI EDITORE is committed, in the event of completion of the Transaction, to invest a maximum amount of €12.6m in connection with any capital increase that REWORLD MEDIA may carry out on the basis of the average share price of the last 20 trading days by January 31, 2020.

The completion of the acquisition transaction of Mondadori France remains subject to the following conditions precedent:

  • approval by the REWORLD MEDIA shareholders of the contribution in kind of part of the shares of Mondadori France,
  • REWORLD MEDIA obtaining the Debt Financing as disclosed in previous press releases.

This release is a translation of the original French version that prevails in case of inconsistencies.

About Reworld Media:

REWORLD MEDIA is an international digital group with a network of eleven proprietary media brands powerful within their B2C segments (marie france, Be, Le Journal de la Maison, Maison & Travaux, Gourmand, Auto Moto, Télé Magazine...) and an international media network with over 180,000 partner sites. The group is unique in its ability to offer international advertisers a global offer combining "Media Branding" (access to all formats: digital, print, event ...) and "Media Performance" (performance campaigns). The group reported a consolidated turnover of €177,5m at the end of December 2018, is present in 11 countries and has 453 employees.

Alternext Paris - ALREW - Code ISIN : FR0010820274 - www.reworldmedia.com

Press contact

Investors' contact:

Ségolène de St Martin - PCE

Reworld Media

+33 6 16 40 90 73

- sdestmartin@p-c-e.fr

investisseurs@reworldmedia.com

Paul-Marie Grosse - PCE

Frédéric Portier - Inbound Capital

+33 6 59 97 16 48

- pmgrosse@p-c-e.fr

+44 7802 533333 - fportier@inbound.capital

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Disclaimer

Reworld Media SA published this content on 25 July 2019 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 25 July 2019 15:24:04 UTC