Investor Relations
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2nd Mar 2004

APN News & Media Limited - Results for the year ended 31 December 2003

Record profit – up 20% on prior year, with an 18% increase in final dividend

APN News & Media Ltd (APN), in which Independent News & Media PLC has a 40.5% shareholding, today announced a record net profit for the 12 months ended December 31 2003 of A$103.5 million, representing a 20% increase on the prior year, excluding non-recurring items.

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