Apple Corps Ltd Announces the Appointment of Jeff Jones as New Chief Executive Officer and the Departure of Neil Aspinall

London, England, Tuesday, April 10, 2007 – Today Apple Corps Ltd. announced that Jeff Jones will become Chief Executive Officer of Apple Corps Ltd.

Apple welcomes Jeff, who comes with over 30 years experience in the music business with a brilliant record. He leaves his position of Executive Vice President, Legacy Recordings/Sony BMG Catalog Worldwide where he has been since 1995.

Apple also announces the departure of Neil Aspinall, who had been with John, Paul, George and Ringo for a spectacular 40 plus years, during which he played an indispensable role for the four. He was there since the inception of the band in Liverpool and has meant so much to the Beatles‘ family for all these years and still does. However, he has decided to move on. Apple as a whole, and each member of this company, wishes him great success in whatever endeavor he chooses to pursue in the future.