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25th Feb 2009

APN News & Media Results for Year Ended 31 December 2008

APN reports Net Profit of A$140.1 million before exceptional items

Dublin/London – 25th February 2009: APN News & Media Ltd [‘APN’], in which Independent News & Media PLC [‘INM’] has a 39.1% shareholding, today released its Annual Result for the period ending 31 December 2008. Underlying revenue was A$1,226m, compared with A$1,314m in the previous corresponding period, and Net Profit After Tax (before exceptional items) was A$140.1m, compared with A$169.5m in the prior year. Earnings before interest, tax, depreciation and amortisation (EBITDA) of A$319.5m was broadly in line with market consensus. Please click here for full details

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