Ziff Davis Media Inc. Names Robert F. Callahan Chairman, President And CEO; Former ABC Broadcast Group President Takes Helm of Leading Technology Media Company.

Business Editors

NEW YORK--(BUSINESS WIRE)--September 25, 2001

Ziff Davis Media Inc. announced today the appointment of Robert F. Callahan to the position of Chairman, President and Chief Executive Officer.

Callahan, who was most recently president of ABC Broadcast Group, is an accomplished executive with more than 20 years experience in the media business. Callahan's appointment is effective October 1.

"Bob is a talented, energetic and results-oriented executive who brings to Ziff Davis Media tremendous marketplace experience, customer focus and strong operational skills," said Avy Stein, who has been serving as acting Chairman and CEO since mid-August. "Bob has a proven track-record for strategically building and growing media businesses, and we are looking forward to great things from him at Ziff Davis Media."

"I am thrilled to be returning to the publishing business and joining Ziff Davis Media, the leading technology media company, which I believe has an excellent platform for growth. I look forward to working with the Ziff Davis Media team to expand the company's venerable franchise of business and consumer technology brands," said Callahan.

Career Steeped in Media

Callahan spent five years at The Walt Disney Company, most recently serving as president of the ABC Broadcast Group where he oversaw the entire ABC TV Network division, including ABC News, ABC Sports, ABC Entertainment, ABC Daytime, the 10 ABC-owned TV stations, sales, marketing and financial operations. He was also responsible for ABC Radio Networks Inc. and the 54 ABC-owned radio stations.

Before moving into television and radio, Callahan spent 10 years at Fairchild Publishing, Capital Cities/ABC's trade publishing division, where he held several senior publishing positions, including senior vice president and group publisher. In that role, Callahan oversaw the operations for 13 publications covering electronics, semiconductors, cable TV and metals industries, delivering record profits and operating margins across all sectors. Callahan also held stints as publisher of certain Fairchild publications including Electronic News and Multichannel News.

Before joining Fairchild, Callahan held media planning and account management positions at Wells, Rich, Greene; McCann-Erickson and Young & Rubicam.

Stein, a founding partner of Willis Stein & Partners, will continue to serve on Ziff Davis Media's board of directors. Willis Stein & Partners, one of the nation's premier private equity investment firms, acquired Ziff Davis Publishing from Ziff-Davis Inc. in April 2000.

About Ziff Davis Media Inc.

Ziff Davis Media Inc. (www.ziffdavis.com) is the leading information authority for buying, using and experiencing technology and the Internet. It is the largest technology and Internet magazine publisher and the sixth largest magazine publisher in the United States. The company is also at the forefront in creating a new generation of business and consumer media that educate, entertain and empower people. In the U.S., Ziff Davis Media publishes 13 industry-leading business and consumer publications: PC Magazine, Ziff Davis SMART BUSINESS, eWEEK, Interactive Week, Smart Partner, The Net Economy, CIO Insight, Yahoo! Internet Life, Expedia Travels, Electronic Gaming Monthly, Official U.S. PlayStation Magazine, Computer Gaming World and Expert Gamer. Through a joint venture with International Data Group (IDG), the company publishes Macworld. Ziff Davis Media publishes more than 50 titles around the world through licensing agreements in 29 countries. The company is also a developer of innovative web sites including www.PCMag.com, www.interactiveweek.com and www.ExtremeTech.com. It provides custom and contract media solutions through Ziff Davis Custom Media; market insight, technology trends and competitive analysis through Ziff Davis Market Experts; and state-of-the-art Internet and technology testing through eTesting Labs. The company also produces conferences, seminars and Webcasts.