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Sale of Terenure Print Works

26th Oct 2005 16:15

Independent News & Media PLC26 October 2005 26th October 2005 Independent News & Media PLC SALE OF TERENURE PRINT WORKS Independent News & Media PLC's wholly owned subsidiary, Sunday NewspapersLimited, is pleased to announce the sale of its former Sunday World premises inTerenure, Dublin 6, to an undisclosed bidder for a consideration in excess of€18.5 million. Proceeds of the sale will be used for general corporate purposes includinginvestment in product development and marketing. The sale of the 1.2 acre site follows the recent move by the Sunday World staffto new Independent Newspapers offices in Talbot Street, Dublin 1. ENDS For further information: Pat Walsh/Elaine O'MahoneyMurray ConsultantsTel: +353 (0)1 498 0300 This information is provided by RNS The company news service from the London Stock Exchange

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