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17th Aug 2004

APN News & Media Limited Results for the six months ended 30 June 2004

APN Profit Before Tax up 36% to a record A$94.5 Million

APN News & Media Ltd [“APN”], in which Independent News & Media PLC [“INM”] has over 40% shareholding, today announced a record Profit Before Tax before Non Recurring Items (NRI) of A$94.5 million for the 6 months ended June 30 2004, up 36% on the prior year.

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