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IDB COMMUNICATIONS GROUP PROMOTES RUDY WANN TO VICE PRESIDENT OF FINANCE AND CHIEF FINANCIAL OFFICER

 LOS ANGELES, Dec. 1 ~PRNewswire~ -- IDB Communications Group Inc. (NASDAQ: IDBX) announced that Rudy Wann has been promoted to vice president of finance and chief financial officer. Wann, who joined IDB in May 1991, has been vice president of finance since March 1992.
 In his new role, Wann will continue to report to IDB's president and oversee IDB's Finance and Accounting and Management Information Systems groups as well as assume responsibility for the company's treasury function.
 Edward R. Cheramy, president of IDB, comments, "Rudy has done an outstanding job in building the infrastructure of the company to support the growth we have experienced. Over the past twelve months, he has assembled a team of outstanding individuals. With their efforts and the substantial improvements being made in our information systems, IDB is poised to smoothly integrate our most recent acquisition, World Communications Inc., upon its closing on Dec. 31, 1992."
 Earlier this year, Wann was instrumental in the successful completion of IDB's $65-million senior debt deal. Prior to joining IDB, Wann was with Price Waterhouse for 11 years, rising to senior manager in their Entrepreneurial Services Group.
 Commenting on his new role, Wann pointed out that, "IDB is also ready to absorb significant future growth. In the future, we will continue to examine our capital structure to ensure that we have adequate resources to pursue new market opportunities."
 IDB operates a domestic and international communications network which provides its customers with radio and television transmission services, international private line telephone, facsimile and data connections, mobile satellite communications capabilities and, most recently, international public-switched long-distance telephone services.
 -0- 12~1~92
 ~CONTACT: Doug Sherk or Ken Dennard, 415-296-7383, or David Walke or Miriam Adler, 212-986-5900, all of Morgen-Walke, for IDB~
 (IDBX)


CO: IDB Communications Group Inc. ST: California IN: TLS SU: PER

SG-GT -- SF001 -- 2175 12~01~92 06:30 EST
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Publication:PR Newswire
Date:Nov 25, 1992
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