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Refinancing Existing Facilities

29 Jun 2009 14:56

RNS Number : 6927U

Johnston Press PLC

29 June 2009

For Immediate Release

29 June 2009

Johnston Press plc

("Johnston" or "the Company")

As previously announced, Johnston Press has been in discussion with its lenders regarding refinancing the Company's existing facilities.

As part of these ongoing constructive negotiations, the Company is pleased to announce that it has agreed with its lenders to defer the testing of certain covenants at 30 June 2009, the Company's interim period end, to 31 August 2009 pending the outcome of its discussions with its lenders.

The Company will provide a further update on its refinancing discussions at the time of the Interim Results announcement.

Contact:

John Fry, Chief Executive or

Stuart Paterson, Chief Financial Officer

Johnston Press plc Tel: 0131 225 3361

Richard Oldworth, Richard Darby, Christian Goodbody

Buchanan Communications Tel: 020 7466 5000

This information is provided by RNS

The company news service from the London Stock Exchange

END

MSCEADKNASLNEFE

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