PRESS RELEASE Stockholm/Amsterdam, 16 October 2009 LBI International AB has recently made a management change to the executive management team. As of October 1st Thomas Elkan Boisen will replace Jesper Andersen as Group COO, assuming direct responsibility for the Nordic region. Thomas Elkan Boisen was previously Finance Director of Framfab Denmark, Group Commercial Director and Group Controller of Framfab International and more recently Chief Financial Officer of LBi UK. Luke Taylor, CEO LBI International AB says: "I am delighted that Thomas has agreed to accept this opportunity. It allows us to create a more consistent offering across our European footprint and improve the effective servicing of our key global clients across multiple territories. Thomas' wide experience makes him ideal for executing our business proposition in the Nordic Region. He uniquely understands our full service offer and he will help to drive top line growth in the region." Mr Taylor added: "I would like to take this opportunity to thank Jesper for the invaluable contribution he has made to LBi. He has institutionalised effective operational practices across the region and as a legacy he hands over to Thomas a scaleable and commercially robust operation." 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 approximately 1,500 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 management structure - Thomas Elkan Boisen replaces Jesper Andersen as Group COO
| Source: LBI International AB