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16th Jun 2009

INM’s Indian Associate Results FY09

INM’S Indian Associate Reports Operating Revenue Growth for 2009 of 9.8%

Dublin/London 16th June 2009: Jagran Prakashan Limited (‘JPL’), publishers of ‘Dainik Jagran’, India’s largest read newspaper - in which Independent News & Media PLC (‘INM’) has a 20.8% shareholding - has reported Operating Revenues of Rs 8.2 billion for FY09*, an increase of 9.8% on last year. Total revenues for the FY09 were Rs 8.5 billion, an increase of 9.7% on last year, while net profit at Rs 916.3 million was down by 6.6% on last year. The EPS for the year was Rs 3.04 compared to Rs 3.26 last year.

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