The board of directors of Modern Media Holdings Limited announced that Mr. DEROCHE Alain, Jean-Marie, Jacques (Mr. Deroche) has been appointed as executive director of the company with effect from 1 June 2016. Following Mr. Deroche's appointment, he will be mainly responsible for overseeing the publishing and editing of some of the Group's magazines. Pursuant to the Company's articles of association, Mr. Deroche will hold office until the next following general meeting and shall then be eligible for re-election at such general meeting. Immediately before his appointment as an ED, Mr. Deroche was the publishing director of the Group, serving as the publisher of two of its Group's international titles, namely Numero and The Good Life, and was also the co-publisher of IDEAT.