PRESS RELEASE Stockholm/Amsterdam, 28 April 2009 Theo Cordesius, EVP of Operations, will leave LBI International AB on 1 May 2009 after having served the Group for more than 7 years. Theo Cordesius is leaving after an intensive period of activity where he has been massively instrumental in driving both the growth and success of the Company. Theo Cordesius comments: "It has been an honour and a joy to work for this great company, its employees, shareholders and clients. I appreciate to have been part of the leadership team in the last 7 years which has been - to say the least - in a very rapidly changing market sector - a dynamic journey. " Fred Mulder, Chairman of the Board of Directors, adds: "After 7 years working very closely with Theo and both being at the start of creating LBi as market leader in the full-service digital media world, I like to thank Theo for his wisdom and energy which he has always portrayed in the best interest of the Company. I am sure we all will miss his authentic management style and integrity in dealing with complex corporate issues." Luke Taylor, CEO, further adds: "I have greatly enjoyed working alongside Theo over the past year. We have significantly improved operational excellence across the Group over the past three quarters and Theo specifically deserves credit for driving the margin improvement across a number of key territories." For further information please contact: Luke Taylor, CEO, LBI International AB +44 (0) 20 70 63 64 65, luke.taylor@lbi.com Eva Ottosson, Group Communications Manager, LBI International AB +46 709 41 21 40, eva.ottosson@lbi.com About LBi: LBi is a global digital marketing and technology agency, blending insight, creativity and expertise to solve business problems. The largest genuinely full service agency of its kind in Europe, LBi provides the full range of digital capabilities, including digital strategy, branded content, service design, media, CRM, technology, managed hosting and support services. The Company employs over 1,600 professionals located primarily in the major European, American and Asian business centers; such as Amsterdam, Atlanta, Berlin, Brussels, London, Milan, Mumbai, New York, Paris and Stockholm. LBi is listed on Nasdaq OMX in Stockholm and NYSE Euronext in Amsterdam (symbol: LBI). www.lbi.com
Changes in LBi organisation structure - Theo Cordesius, EVP of Operations, leaves LBi
| Source: LBI International AB