Eivind Schackt Appointed CEO of Studio Moderna Group

SLOVENIA, May 17: Eivind Schackt, previously the managing
director of TV Shop Europe, has been appointed CEO of Studio Moderna Group.

Schackt has also been a member of MTG Operational Board and
part of MTG Executive Management since 2001.

Formed in 1992, Studio Moderna Group is now the largest
direct response-marketing network in Central & Eastern Europe (CEE), with
electronic retailing operations across 20 markets in the region. Studio Moderna
has over 170 hours of home shopping programming going out across 154 public and
commercial TV stations daily, reaching an audience of 400 million people.