Investor Relations
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19th Apr 2006

INM’s Indian Associate Results for FY2006

Independent News & Media PLC ['INM'] is pleased to announce that its 20.8% associate company, Jagran Prakashan Limited ['JPL'] . publishers of India's largest circulating/world's largest read newspaper, 'Dainik Jagran' has reported (unaudited) 28% growth in total income of Rupees 4.83 billion in the financial year ended March 31, 2006 as against Rupees 3.77 billion in the previous financial year 2004-05.

Net profit during the year increased phenomenally to Rupees 320.1 million as compared to Rupees 12.3 million in the previous financial year.

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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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