INM Statement on London Independent Disposal

Dublin/London 25 March 2010: Independent News & Media PLC (“INM” or the “Group”) is pleased to announce the disposal of The Independent and The Independent on Sunday to Independent Print Limited (“IPL”), a company controlled by the family of Mr. Alexander Lebedev. IPL will acquire all rights to The Independent, The Independent on Sunday and the related website, http://www.independent.co.uk (the “Titles”).

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