CNBC Strengthens Australia Operations

Singapore, 27 August 2008 – CNBC, First in Business Worldwide, is delighted to welcome veteran Australian business and finance journalist, Karen Tso, as its latest addition to the editorial team in Australia. Karen will be joining CNBC in October, broadcasting from CNBC’s new studio in the centre of Sydney’s financial district in Bridge Street, opposite the ASX.

Karen will anchor Squawk Australia , a concise one-hour show with the mission of delivering Australian business news to the world, and global business to Australia. Australia is the first major market to open and sets the agenda and tone of market movement for the rest of Asia. Kicking off the programming day, Squawk Australia will offer live analysis of the Wall Street close and gear up for the opening bell on the ASX (Sydney) and the TSE (Tokyo). Karen will be replacing Jeffery James, who will be leaving CNBC in October.

Karen will also be featuring in the CNBC Market Updates, distributed on the SBS channel nationally. Launched on 1 July 2008, CNBC provides 3 LIVE Australian market updates from CNBC’s facilities in Sydney, Singapore and London, via SBS, at 12:55pm, 5:55pm and 10:00pm (AEST time).

With over 10 years of experience, Karen Tso joins CNBC from the Nine Network where she presented and reported business and finance stories for National Nine News, and Business Sunday. Karen was also the Today Show's personal finance contributor and presents a weekly segment on the program.

Prior to joining Nine, Karen presented a nightly finance spot on the ABC's flagship news and current affairs program Lateline. She also took the lead in reporting stock market movements and breaking business news for ABC's Midday News and Business, broadcast nationally, as well as the ABC's Asia Pacific service, ASPAC. In 2002 Karen worked as a business reporter on ABC's Business Breakfast, and was also the finance commentator for Sally Loane Talkback on ABC Local Radio for four years.

Regional manager Australia/New Zealand, CNBC Asia Pacific, Matt Christie said. “Karen’s extensive experience and understanding of the business and financial sectors will be of enormous value to the CNBC news team here in Australia. We are absolutely thrilled to have her on board.”

”We would like to thank Jeffrey James for his contribution to CNBC. We have enjoyed having him work with us,” Christie concluded.

Squawk Australia can be viewed on Foxtel (Channel 652) and Austar (Channel 652) from 8am (AEST time), Mondays to Friday.

About CNBC Asia Pacific

CNBC Asia Pacific is uniquely positioned to speak to viewers from across the region. Headquartered in Singapore, the network provides nine hours of live Asia-produced programming, which is complemented with coverage of live market action from Europe and the US. CNBC Asia Pacific's channels, which include CNBC Asia, CNBC-TV18 (India), CNBC Pakistan, Nikkei-CNBC (Japan) are available in more than 21 countries across the Asia Pacific region. CNBC also has a strategic alliance with China Business Network, a wholly owned subsidiary of the Shanghai Media Group, and a partnership with Digital Chosun, an entity of Chosun Daily Group of Companies, the premier multiplatform media conglomerate in Korea. The channels are distributed via satellite, cable and terrestrial broadcast networks, as well as broadband on CNBC content is also distributed on the 3G platform through selective markets.

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