Investor Relations
News Detail

20th Jan 2005

INM announces Repurchase of Bond

Independent News & Media PLC hereby gives notice that its wholly owned subsidiary, Independent Newspapers Finance PLC, has today purchased and will subsequently cancel Stg.

The aggregate principal amount of Bonds remaining outstanding after this purchase is Stg.

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"INM has a very clear, compelling and coherent strategy for growth, with a very resolute and sturdy version of our newspaper brands' place within the fast-changing media matrix."

Gavin O'Reilly, Chief Operating Officer
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