The Financial Times, one of the world’s leading media organisations, today announces the appointment of Greg Zorthian as its President of the Americas, effective immediately. Zorthian will continue to serve as global circulation director, a position he assumed in July 2007.

This announcement follows the recent appointment of Andrew Sollinger as Managing Director of the FT’s US commercial operations, which include the Financial Times and Money-Media, the US-based market leader in online news and commentary on the fund management sector that was acquired by the FT in January 2008.

Since assuming the helm of the FT’s global print and distribution operations, Zorthian has grown circulation revenues by double-digits globally, launched the FT on Amazon Kindle and achieved record highs in US subscription and retail sales and circulation. Zorthian joined the FT in 2004 as Vice President of Circulation, Americas.

With over three decades of experience in the media industry, Zorthian has held senior roles in general management, consumer marketing, business development and internet operations at Forbes Inc., Time Inc. and Magellan Media Consulting Partners. Prior to that, Zorthian also served as general manager of Time and Fortune and directed online operations for BusinessWeek. As Forbes’ vice president of business development, Zorthian was a co-founder of Forbes.com and developed the site into eight new businesses through a mix of acquisitions, joint ventures and partnerships.

Zorthian will continue to report to Chief Executive John Ridding, who commented: “Greg has played an integral role in developing the FT’s reach and influence in the US and beyond. I am delighted that he’s taking up this important position for the FT as we continue to grow our US business both in print and on-line.”

Greg Zorthian said, “The FT continues to strengthen its position as a must-read for global executives, as now more than ever the need for a trusted guide is paramount. It’s a privilege to assume this role during an exciting time in the company’s development in the US and around the world.”

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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

Notes to Editors:

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 435,319 (ABC figures, December 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).