Investor Relations
News Detail

1st Dec 2004

INM announces extension to tender offer for the early redemption of STGĀ£75M Bond

Independent News & Media PLC (Ticker: INWS.I; INWS.L) today announced an extension to the Tender Offer, by its wholly owned subsidiary Independent Newspapers Finance PLC, for the early edemption of the Stg£75.0 million 9.25% Guaranteed Bonds due 2005.

In accordance with the terms of the Tender Offer, the Tender Period has been extended and accordingly the Expiration Time shall be 3pm (London Time) on 7 December 2004. All other terms of the Tender Offer as set out in the Tender Offer Memorandum dated 18 November 2004, remain the same.

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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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