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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"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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