Investor Relations
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17th Jul 2000

Independent News & Media cleared to buy Belfast Telegraph

Independent News & Media PLC ("IN&M") has received formal clearance for the purchase of the Belfast Telegraph titles ("BTNL") from Trinity Mirror plc. The consent of Britain's Secretary of State for Trade and Industry, Stephen Byers MP, was received today; the clearance of the Irish Minister for Enterprise, Trade and Employment, Tanaiste Mary Harney TD, had already been received.

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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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