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Acquisition of Sligo Champion

18th Dec 2007 18:30

Independent News & Media PLC18 December 2007 INDEPENDENT NEWSPAPERS REACHES AGREEMENT TO ACQUIRE SLIGO CHAMPION NEWSPAPER Tuesday, 18th December 2007 - Independent News & Media (Ireland) is pleased toconfirm that it has reached agreement to acquire the Sligo Champion. Theacquisition is subject to normal due diligence, contract and regulatoryapproval. Speaking today Vincent Crowley, Chief Executive, Independent News & Media(Ireland), said: "We are pleased that we are the preferred bidder for the Sligo Champion. The paper is one of Ireland's oldest and leading regional titles, and would be a good addition to our portfolio of Irish regional titles". Ends. Tuesday, 18 December 2007 For reference: Pat Walsh, Murray Consultants Limited Telephone: +353-14980300 Mobile: +353-87-2269345 This information is provided by RNS The company news service from the London Stock Exchange

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