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23rd Feb 2010

APN News & Media Results for Year Ended 31 December 2009

APN reports Net Profit of A$94.2 million

Dublin/London – 23rd February 2010: APN News & Media Ltd [‘APN’], in which Independent News & Media PLC [‘INM’] has a 32.2% shareholding, today released its Annual Result for the period ending 31 December 2009. Underlying revenue was A$1,030.7m, Earnings Before Interest, Tax, Depreciation and Amortisation (EBITDA) was A$230.2m, and Net Profit After Tax (before exceptional items and discontinued businesses) was A$94.2m.

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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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