EXHIBIT 99.2
NOTICE OF GUARANTEED DELIVERY
FOR
AMERICAN MEDIA OPERATIONS, INC.
OFFER TO EXCHANGE ANY AND
ALL OF ITS 8 7/8% SENIOR SUBORDINATED NOTES
DUE 2011
BY
AMERICAN MEDIA OPERATIONS, INC.
THE EXCHANGE OFFER WILL EXPIRE AT 5:00 P.M., NEW YORK CITY TIME, ON
, 2003, UNLESS EXTENDED (THE "EXPIRATION DATE"). TENDERED NOTES MAY BE
WITHDRAWN AT ANY TIME PRIOR TO THE EXPIRATION DATE.
As set forth in the prospectus dated , 2003 (the "Prospectus")
under the captions "The Exchange Offer -- Procedures for Tendering Notes" and
"The Exchange Offer -- Guaranteed Delivery Procedures" and the accompanying
Letter of Transmittal (the "Letter of Transmittal") and Instruction 2 thereto,
this form, or one substantially equivalent hereto, must be used to accept the
Exchange Offer if certificates representing the 8 7/8% Senior Subordinated Notes
due 2011, (the "Outstanding Notes") of American Media Operations, Inc., a
Delaware corporation (the "Company"), are not immediately available or if the
procedure for book-entry transfer cannot be completed on a timely basis or time
will not permit a holder's certificates or other required documents to reach the
Exchange Agent on or prior to the Expiration Date. Such form may be delivered by
hand or transmitted by telegram, telex, facsimile transmission or mail to the
Exchange Agent and must include a guarantee by an eligible institution unless
such form is submitted on behalf of an Eligible Institution. Capitalized terms
used and not defined herein have the respective meanings ascribed to them in the
Prospectus.
The Exchange Agent is:
J.P. MORGAN TRUST COMPANY, NATIONAL ASSOCIATION
By Registered or Certified Mail, Hand or by Overnight Courier:
J.P. Morgan Trust Company, National Association
3800 Colonnade Parkway, Suite 490
Birmingham, AL 35243
<Table>
Facsimile Transmission Number: Confirm by Telephone:
(205) 968-9145 (205) 968-0506
</Table>
DELIVERY OF THIS INSTRUMENT TO AN ADDRESS OTHER THAN AS SET FORTH ABOVE
WILL NOT CONSTITUTE A VALID DELIVERY. THE ACCOMPANYING INSTRUCTIONS SHOULD BE
READ CAREFULLY BEFORE THIS LETTER OF TRANSMITTAL IS COMPLETED.
This form is not to be used to guarantee signatures. If a signature on the
Letter of Transmittal is required to be guaranteed by an "Eligible Institution"
under the instructions thereto, such signature guarantee must appear in the
applicable space provided in the signature box on the Letter of Transmittal.
Ladies & Gentlemen:
Upon the terms and subject to the conditions set forth in the Prospectus
and accompanying Letter of Transmittal, receipt of which is hereby acknowledged,
the undersigned hereby tenders to American Media Operations, Inc., a Delaware
corporation (the "Company"), the principal amount of Outstanding Notes indicated
below, pursuant to the guaranteed delivery procedures set forth in the
Prospectus and accompanying Letter of Transmittal.
<Table>
<Caption>
- -------------------------------------------------------------------------------------------------------
CERTIFICATE NUMBERS OF OUTSTANDING NOTES PRINCIPAL AMOUNT
(IF AVAILABLE) TENDERED
- -------------------------------------------------------------------------------------------------------
- -------------------------------------------------------------------------------------------------------
- -------------------------------------------------------------------------------------------------------
</Table>
If Outstanding Notes will be tendered by book-entry transfer: (check one)
Name of Tendering Institution: ________________________________________
Account Number: ___________________________________________________
The undersigned authorizes the Exchange Agent to deliver this Notice of
Guaranteed Delivery to the Company and J.P. Morgan Trust Company, National
Association with respect to the Outstanding Notes tendered pursuant to the
Exchange Offer.
All authority conferred or agreed to be conferred by this Notice of
Guaranteed Delivery shall not be affected by, and shall survive, the death or
incapacity of the undersigned, and every obligation of the undersigned under
this Notice of Guaranteed Delivery shall be binding upon the heirs, executors,
administrators, trustees in bankruptcy, personal and legal representatives,
successors and assigns of the undersigned.
SIGN HERE
Signature(s) of Registered Holder(s) or
Authorized Signatory:
- --------------------------------------------------------------------------------
Name(s) of Registered Holder(s):
- --------------------------------------------------------------------------------
(PLEASE TYPE OR PRINT)
Address:
- --------------------------------------------------------------------------------
Zip Code:
- --------------------------------------------------------------------------------
Area Code and Telephone Number:
- --------------------------------------------------------------------------------
Dated:
- --------------------------------------------------------------------------------
2003
2
GUARANTEE
(NOT TO BE USED FOR SIGNATURE GUARANTEES)
The undersigned, a member firm of a registered national securities exchange
or of the National Association of Securities Dealers, Inc., or a commercial bank
or trust company having an office in the United States, hereby guarantees
delivery to the Exchange Agent, at its address set forth below, of either
certificates for the Outstanding Notes tendered hereby, in proper form for
transfer, or confirmation of the book-entry transfer of such Outstanding Notes
to the Exchange Agent's account at The Depository Trust Company, pursuant to the
procedures for book-entry transfer set forth in the Prospectus, in either case
together with a properly completed and duly executed Letter of Transmittal (or
an agent's message in lieu thereof) and any other documents required by the
Letter of Transmittal, all within three (3) New York Stock Exchange trading days
after the date of execution of this Notice of Guaranteed Delivery.
The undersigned acknowledges that it must communicate the guarantee to the
Exchange Agent and must deliver the Letter of Transmittal (or an agent's message
in lieu thereof) and certificates for the Outstanding Notes tendered hereby or
the aforesaid confirmation of book-entry transfer to the Exchange Agent within
the time period shown hereon and that failure to do so could result in a
financial loss to the undersigned.
<Table>
Name of Firm: ----------------------------------------- --------------------------------------------------------
(Authorized Signature)
Address:
------------------------------------------------ Title:
----------------------------------------------------
- --------------------------------------------------------
Name: --------------------------------------------------
(Please type or print)
Area Code and
Telephone Number: ------------------------------------ Date:
----------------------------------------------------
</Table>
NOTE: DO NOT SEND CERTIFICATES REPRESENTING OUTSTANDING NOTES WITH THIS FORM.
CERTIFICATES FOR OUTSTANDING NOTES MUST BE SENT WITH YOUR LETTER OF TRANSMITTAL.
The Exchange Agent Is:
J.P. MORGAN TRUST COMPANY, NATIONAL ASSOCIATION
By Registered or Certified Mail, Hand or by Overnight Courier:
J.P. Morgan Trust Company, National Association
3800 Colonnade Parkway, Suite 490
Birmingham, AL 35243
<Table>
Facsimile Transmission Number: Confirm by Telephone:
(205) 968-9145 (205) 968-0506
</Table>
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