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Matt Nesto Joins CNBC as General Assignment Reporter

ENGLEWOOD CLIFFS, N.J., August 6, 2007 ---CNBC, First in Business Worldwide, today announced that Matt Nesto is joining the network as a general assignment reporter for CNBC's Business Day programming.

"With his in-depth domestic and international reporting experience, Matt brings CNBC a fresh global perspective on business news," said Jonathan Wald, SVP Business News.

Nesto joins CNBC from Bloomberg Television, where he spent nine years, most recently as anchor of its "Morning Call" program. Nesto also served as anchor and stocks editor for "Bloomberg's Market Week" based in New York.

Nesto was a European correspondent for Bloomberg Television based in London and was also an anchor, producer and news director for Bloomberg Television in Tokyo, Malaysia and Singapore. While at Bloomberg Television in Tokyo, Nesto created and launched "Bloomberg Malaysia," an unprecedented joint-venture program in Kuala Lumpur, which earned him a nomination for "Best Newscast in Asia" at the Asian TV Awards in 2000.

From 1992-1998, Nesto held financial consultant and investment advisor positions at Lehman Brothers, Prudential Securities and Merrill Lynch.

Nesto began his broadcasting career as a general assignment reporter for WPTZ-TV in Burlington, VT/Plattsburgh, NY as well as Bureau Chief and general assignment reporter for WMUR-TV in Manchester, NH.

Nesto earned a Bachelor's degree in mass communications and broadcast journalism from Emerson College in Boston, MA.



About CNBC:
CNBC is the recognized world leader in business news, providing real-time financial market coverage and business information to more than 340 million homes worldwide, including more than 95 million households in the United States and Canada. The network's Business Day programming (weekdays from 5:00 a.m.-7:00 p.m. ET) is produced at CNBC's headquarters in Englewood Cliffs, N.J., and also includes reports from CNBC news bureaus worldwide. Additionally, CNBC viewers can manage their individual investment portfolios and gain additional in-depth information from on-air reports by accessing http://www.cnbc.com.

Members of the media can receive more information about CNBC and its programming on the NBC Universal Media Village Web site at http://nbcumv.com/cnbc/.