The Kudelski Group announces the implementation of a reinforced management structure

Executive nominations André Kudelski, Chairman and CEO · Mauro Saladini CFO and Executive Vice President · Pierre Roy appointed COO of the Digital TV entity and Executive Vice President Charles Egli, CEO of the Nagra Public Access entity and Executive Vice President · Alan Guggenheim, CEO of NagraStar, a joint-venture between Kudelski and EchoStar, is nominated Executive Vice President of the Kudelski Group

PRESS RELEASE
Cheseaux, January 17th, 2003 -- The Kudelski Group (KDCXF)announces the implementation of
a reinforced management structure with the following functions :
· André Kudelski, Chairman and CEO of the Kudelski Group.
· Mauro Saladini is appointed CFO and Executive Vice President of the Kudelski
Group. He comes into office officially on 1st February 2003.
· Pierre Roy is appointed COO of the Digital TV entity and Executive Vice
President of the Kudelski Group. His appointment is effective immediately.
Pierre Roy has cooperated with the Kudelski Group since 1992, in particular on
strategic pay TV projects.
Prior to joining Nagravision S.A., he held various management positions in sales
& marketing, financial, operational and general management with IBM and Digital
Equipment Corp. More recenty, Mr. Roy has had his own consultancy firm and
has worked on strategic projects for Nagravision.
· Charles Egli, who was until now COO of the Kudelski Group, is appointed CEO
of the Nagra Public Access entity, which includes the physical access control and
ticketing activities of the Kudelski Group. Charles Egli is also Executive Vice
President of the Kudelski Group.
· Alan Guggenheim, CEO of NagraStar, a joint-venture between Kudelski and
EchoStar, is nominated Executive Vice President of the Kudelski Group in
addition to his function as head of NagraStar.
· Adrienne Corboud Fumagalli continues to assume her function as Corporate
Secretary.
The new distribution of tasks within the Kudelski Group management will allow a more
efficient implementation of the Group's strategy in its two principal activity sectors.
In parallel to the changes made at the Group management level, the structure of the
Digital TV entity has been deeply reviewed in order to better address the customers'
needs and increase efficiency and productivity.
For more information, please contact :
Catherine Hugon
Corporate Communication Manager
+41 21 732 01 54