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22nd Feb 2005

APN News & Media Limited - Results for the Year Ended 31 December 2004

Trans-Tasman growth markets drive APN 2004 Profit up 26% to a record A$130.2m, including new product investments

APN News & Media Limited (APN), in which Independent News & Media PLC has a 39.7% shareholding, today announced a record net profit for the 12 months ended 31 December 2004 of A$130.2 million, representing a 26% increase on the prior year, excluding non-recurring items (NRIs).

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