DAVID MASSEY EXECUTIVE VICE PRESIDENT, A&R, SONY MUSIC LABEL GROUP U.S. AND PRESIDENT, DAYLIGHT RECORDS David Massey was named Executive Vice President, A&R, Sony Music Label Group U.S., and President, Daylight Records, in 2004. Mr. Massey is based in New York. In the role of Executive Vice President of A&R, Sony Music Label Group U.S., Mr. Massey works closely with the President and CEO of Sony Music Label Group U.S., Don Ienner, as well as with the heads of the Group's labels, to create and implement long term A&R strategies for the Sony Music Label Group. He also works on the development of emerging artists already signed to the Group. He continues to work with SONY BMG labels from around the world to identify and develop key international artists for the U.S. market. As President of Daylight Records, Mr. Massey identifies and develops artists for the Daylight Records label, which serves as an A&R resource for all the labels within the Sony Music Label Group family, including Columbia Records Group, Epic Records and RED. Mr. Massey founded Daylight in late 2000 as an Epic Records Group label, and the label has subsequently signed and helped to develop a broad array of artists, in the process achieving global sales in excess of 20 million records. Previously David Massey served as Executive Vice President of A&R, Sony Music U.S. and Sony Music International, since 2003. From 2001 to 2003 he was Senior Vice President, A&R, for Sony Music Entertainment. During his tenure with the company Mr. Massey has worked with a wide variety of Sony Music Entertainment artists from around the world including Oasis, Travis, silverchair, Lara Fabian, Big Brovaz and Play. From 1999 to 2001 Mr. Massey was Executive Vice President, A&R, Epic Records Group, where he was responsible for discovering and developing new artists across all genres of music; evaluating and overseeing the crossover potential of Sony Music International artists for the U.S. market; and assisting the president of Epic Records Group in the oversight of the Groupšs A&R activities. From 1997 to 1999 Mr. Massey served as Executive Vice President/General Manager, Epic Records. From 1996 to 1997 Mr. Massey served as Senior Vice President for Epic Records. He joined Epic Records in 1991 as Vice President, A&R, and from 1993-1996 served as Vice President, A&R/International Marketing for the label. Prior to joining Epic, Mr. Massey was based in London where he had a successful career in artist management in addition to heading his own independent record company, Big World Records. Mr. Massey holds a Masters in Law from Cambridge University. About Sony BMG Music Entertainment Sony BMG Music Entertainment is a global recorded music joint venture with a roster of current artists that includes a broad array of both local artists and international superstars, as well as a vast catalog that comprises some of the most important recordings in history. Sony BMG Music Entertainment is 50% owned by Bertelsmann A.G. and 50% owned by Sony Corporation of America.