West 175 Media Group Inc
6 June 2000
WEST 175 MEDIA GROUP INC: BOARD APPOINTMENT
West 175 Media Group Inc ('West 175' or the 'Company') the lifestyle media
group listed on AIM, announces that Jeffrey Green has been appointed to the
Board as a non-executive Director with immediate effect.
Mr. Green, a New Zealander, aged 42, has extensive corporate financial
experience in New Zealand and Australia.
He has since 1997 up until December 1999, been a Director of the Maori
Development Corporation, including MDC Investment Holding Ltd ('MDC') and
Tainui Group Holdings Ltd ('TGHL').
Initially employed by Sir Robert Mahuta, Mr. Green was appointed as Special
Projects Manager and then as the CEO of TGHL he was responsible for the total
operation of Tainui's $250m assets under management. He has also served as a
Director on a number of private companies which MDC has investments in, as
well as Directorships in the media, telecoms, sports, hotels and property
Geographically, West 175's activities extend from the United States, to the UK
and New Zealand, spanning direct mail, TV production, events management,
publishing and the internet. In New Zealand, West 175's interests combine
regional television networks, radio stations, and the world's fifth oldest
Commenting, Rohan Courtney, Chairman of West 175 said: 'Jeff becomes our
fourth non-executive Director. We are delighted to add someone as highly
regarded in the New Zealand market: with such extensive contacts he will add
substantial value to the Company. Already, Jeff has been instrumental in
introducing a major strategic acquisition to West 175: Actrix, the oldest
Internet Service Provider in New Zealand and fifth oldest ISP in the world.
Actrix is profitable, cash positive, has an independent backbone, and has over
10,000 subscribers, of which over 30 per cent are businesses.'
John McEwen, Chief Executive of West 175 said: 'In New Zealand there exists
terrific scope to combine lifestyle programming and online merchandising,
which will begin to be realised as we integrate internet provision into our
television package through the country.'
Prior to joining MDC, Jeff held a number of senior roles with Poutama Trust in
Wellington, where he gained experience in investment banking and as Financial
Controller. Prior to his five years with the Trust, Jeff spent two years in
senior operational roles with the New Zealand Post, including responsibility
for the financial services team. He was involved with the implementation of
EFT-POS in New Zealand while working for Databank (now EDS).
Mr. Green also has a strong sporting pedigree, with extensive coaching
experience in basketball. This includes coaching appointments in the US and
New Zealand, including Assistant Coach of the 'Tall Blacks', Head Coach of the
Junior Tall Blacks and his current role as the Head Coach of the Waikato Men's
Basketball team. He is a prior winner of the Wellington Sports Coach of the
Year and Wellington Sports Personality of the Year, and had a radio sports
show for five years in Wellington.
He is married with 5 children.
Additional information in accordance with AIM rule 16.8 (e).
Waikato Tainui Investments Ltd.
MTech Investments Ltd.
Oceans Corporation Ltd.
Plade Holdings International Ltd.
Awanui Holdings Ltd.
K2F Australia Pty
Tainui Group Holdings Ltd.
Raukura Whare Ltd.
Raukura Moana Seafoods Ltd.
Puka Park Resort Ltd.
MDC Investments Ltd.
The Learning Web Ltd.
Auckland Warriors Rugby League Ltd.
Rugby League People Ltd.
Save as disclosed above, there are no further disclosures to be made in
accordance with Rule 16.8 (e) of the AIM rule.
Rohan Courtney, Chairman, West 175 Media Group Inc: 020 8398 7175
Mobile: 07879 498 544
Peter Binns, Binns & Co. 020 7786 9600
West 175's other non-executive Directors are Mr. Douglas M Neistat, Mr. John
Gunn and Sir David Frost, OBE, appointed on 1 July 1996, 21 April 1999 and 24
January 2000, respectively.