GREG KAYKO APPOINTED MANAGING EDITOR OF BETTER HOMES AND GARDENS Kelly Ryan Kegans, Melissa Feldman and Maggie Meyer Named to Key Creative Positions DES MOINES, IA/NEW YORK, NY (September 10, 2012) – Meredith Corporation (NYSE:MDP; www.meredith.com) today announced editorial promotions and additions at Better Homes and Gardens, one of the nation’s leading magazine brands reaching nearly 50 million American women each month across multiple media platforms. Greg Kayko has been named Managing Editor for Better Homes and Gardens magazine, reporting to Gayle Butler, Meredith National Media Group EVP and Better Homes and Gardens Editor-in-Chief. Kayko succeeds Lamont Olson, who is retiring. Kayko most recently served as Editorial Director of Special Interest Media, where he led the repositioning of the portfolio. Earlier in his career at Meredith, Kayko served as Editor-in-Chief of BHG Books; Managing Editor of Country Home; and Copy Chief of Better Homes and Gardens. “Greg brings tremendous creative and managerial skills from his 20+ year’s tenure at Meredith to this role,” said Butler. “His experience and deep knowledge of the Better Homes and Gardens brand across many platforms will help us serve our unique audience.” Kelly Ryan Kegans has been promoted to Senior Deputy Editor, Home Design, reporting to Jill Waage, the Group Editorial Leader for Home Design. Kegans succeeds Oma Blaise Ford, who now serves as Executive Editor. Kegans joined Meredith in 2002 as Senior Editor, Special Interest Media. She joined Better Homes and Gardens in 2006 and most recently served as Assistant Deputy Editor, Home Design. “Kelly’s passion for translating fresh design ideas into solution-oriented stories for our audience makes her an ideal visionary to lead the home design staff,” said Butler. “An early adopter to social media, Kelly has helped make BHG a “part of the conversation” by forging new relationships with bloggers, location finders, and project creators. She is a curator extraordinaire.” Melissa Feldman has joined Better Homes and Gardens as East Coast Home Editor, reporting to Kegans. Previously, Feldman worked as a freelance design editor and writer producing stories for a variety of national publications. She recently edited a book for the International Interior Design Association called What Clients Want. Her resume also includes a stint as Senior Style Editor at House & Garden. “Melissa’s vision and experience producing in-depth design features will be a great asset to our team, and we know readers will respond positively to her visually driven stories of beautiful homes and inspiring interiors,” said Butler. Maggie Meyer has been promoted to Senior Food Editor. For the last five years, Meyer served as graphic designer and Assistant Art Director in the Food Group at Better Homes and Gardens, where she took on an increasing role in content development. She will report to Nancy Hopkins, Senior Deputy Editor Food and Entertaining. “Maggie brings to her role a strong visual and editorial skill set, and a passion for cooking,” Butler said. “She is already making significant contributions to our food coverage, and will have even more opportunity to do so in this new position.” About Better Homes and Gardens Reaching approximately 40 million readers every month through the magazine, the Better Homes and Gardens brand extends across the web, tablet, mobile, social, broadcast, broadband and numerous licensed products, serving and connecting women who are passionate about their homes and the lives they create there. Better Homes and Gardens inspires women to dream and gives them the confidence to move from dreaming to doing. For more information, visit www.bhg.com ABOUT MEREDITH CORPORATION Meredith Corporation (NYSE: MDP; www.meredith.com) is the leading media and marketing company serving American women. Meredith features multiple well-known national brands – including Better Homes and Gardens, Parents, Family Circle, Allrecipes.com, Ladies' Home Journal, Fitness, More, American Baby, EveryDay with Rachael Ray, EatingWell and FamilyFun – along with local television brands in fast-growing markets. Meredith is the industry leader in creating content in key consumer interest areas such as home, family, health and wellness and self-development. Meredith uses multiple distribution platforms – including print, television, online, mobile, tablets, and video – to give consumers content they desire and to deliver the messages of its advertising and marketing partners. Additionally, Meredith uses its many assets to create powerful custom marketing solutions for many of the nation's top brands and companies. Meredith Xcelerated Marketing has significantly added to its capabilities in recent years through the acquisition of cutting-edge companies in digital, mobile, social, healthcare, database, experiential and international marketing. A hallmark of Meredith's business model and financial profile is its ability to consistently generate substantial free cash flow by leveraging the strength of its multi-platform portfolio. Meredith is committed to increasing Total Shareholder Return through dividend payments, share repurchases and strategic business investments. Meredith has paid a dividend for 65 straight years and increased its dividend for 19 consecutive years. On October 25, 2011, Meredith announced a 50 percent increase in its annual dividend to $1.53 per share. ### Contact: Christina Poletto, Better Homes and Gardens Magazine 212.551.7189 / christina.poletto@meredith.com CHRISTINA POLETTO Senior Publicity Manager BETTER HOMES AND GARDENS and TRADITIONAL HOME Magazines 805 Third Avenue, 29th floor New York, NY 10022 P: 212.551.7189 I C:917.386.8462 christina.poletto@meredith.com Twitter: @christinapNYC