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23rd Feb 2006

APN News & Media Limited - Results for the Year Ended 31 December 2005

APN Delivers a Record Net Profit After Tax of A$149.7 million, up 16%

APN News & Media Ltd ['APN'], in which Independent News & Media PLC ['INM'] has a 40.50% shareholding, today announced a record Net Profit After Tax for the 12 months ended 31 December 2005 of A$149.7 million, a 16% increase on the prior year.

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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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