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AGM Statement

3 Jun 2011 12:30

RNS Number : 8402H

Independent News & Media PLC

03 June 2011

INM ISSUES OUTLOOK STATEMENT AT AGM

Ticker: (Bloomberg) INM.ID/ INM.LN and (Reuters) INME.I/ INME.L

Dublin/London - 3 June 2011: At the AGM of Independent News & Media PLC ['INM'] in Dublin today, Chief Executive Gavin O'Reilly said:

"Further to the Group's Interim Management Statement issued 3 weeks ago (13 May 2011), we note that while advertising conditions still remain challenging and short-term, we continue to target a year-on-year improvement in Group Operating Profit for 2011, coupled with further significant deleveraging."

ENDS	3 June 2011

For further information, please contact:

Karl Brophy

Director Corporate Affairs

+353 1 466 3200

+353 86 047 1951

Investors and Analysts

Mark Kenny/Jonathan Neilan

FD K Capital Source (Dublin)

Tel: +353 1 663 3680

Email: INM@fd.com

This information is provided by RNS

The company news service from the London Stock Exchange

END

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