The Financial Times today announces changes to its Global Print and Operations department. Doug Morrow, who previously served as Global Production and Distribution Director, assumes the role of Global Operations Director of Newspapers. Mhairi Swann, who was previously in charge of operations and production of FT Business publications, becomes Global Operations Director of Magazines. Both appointments are effectively immediately and reflect two new and vital roles at the FT.

Morrow will be responsible for global printing and distribution of the newspaper. The FT currently prints five editions at 23 plants around the world and distributes to 140 countries.

Swann will be responsible for the printing and distribution of all magazines produced by the Financial Times, including How To Spend It, FT Weekend Magazine, FT Business titles, and partnership publications, in addition to paper purchasing.

Both Morrow and Swann report to Greg Zorthian, Global Circulation Director, who commented: “As the Financial Times continues to increase its reach and influence around the world, these two veterans will play integral roles in helping to build and better-serve our loyal readership. Their vast industry expertise will deliver immediate results and ensure the FT’s continued market leadership.”

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For further information, please contact:

Tom Glover, Financial Times, +44 20 7775 6840 or tom.glover@ft.com

Darcy Keller, Financial Times, +1 212-641-6614 or darcy.keller@ft.com

About the Financial Times:

The Financial Times, one of the world’s leading business news organisations, is recognised internationally for its authority, integrity and accuracy. Providing extensive news, comment and analysis, the newspaper is printed at 24 print sites across the globe, has a daily circulation of 448,523 (ABC figures, November 2008) and a readership of 1.3 million people worldwide. FT.com is the definitive home for business intelligence on the web, providing an essential source of news, comment, data and analysis for the global business community. FT.com attracts 7.1 million unique users, generating 72 million page views (ABCe figures, March 2008).