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25th Feb 2011

APN News & Media Results for Year Ended 31 December 2010

Dublin/London – 25th February 2011: APN News & Media Ltd [‘APN’], in which Independent News & Media PLC [‘INM’] has a 31.6% shareholding, today released its Annual Result for the 12 months ending 31 December 2010. As of from 31 December 2010, INM no longer accounts for APN as a subsidiary undertaking and APN is accounted for as an associate undertaking by INM from that date.

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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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