Investor Relations
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3rd Jun 2011

AGM Statement

INM ISSUES OUTLOOK STATEMENT AT AGM

Dublin/London – 3 June 2011: At the AGM of Independent News & Media PLC [‘INM’] in Dublin today, Chief Executive Gavin O’Reilly said: “Further to the Group’s Interim Management Statement issued 3 weeks ago (13 May 2011), we note that while advertising conditions still remain challenging and short-term, we continue to target a year-on-year improvement in Group Operating Profit for 2011, coupled with further significant deleveraging.”

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“Independent News & Media has always understood that beyond being a very successful company in the financial sense, it has broader social responsibilities to all those communities where it operates. This is demonstrated by over 200 projects and charities which the company has underwritten and supported and can be seen from the work that INM has done in education, particularly the work they’ve done in health education in South Africa in relation to HIV and AIDS.”

Baroness Margaret Jay, Non-Executive Director
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