Takeover offer for MediaWorks goes unconditional

This follows the receipt of CanWest MediaWorks Ireland Holdings' acceptance of the takeover offer in respect of its approximate 70% shareholding and receipt by HT Media of the approval of the Overseas Investment Office to purchase 100% of MediaWorks.

Now that the offer is unconditional, all acceptances will be paid within seven days of the acceptance being received by the registrar.

HT Media's offer opened on 8 June 2007 and closes at 5pm on 9 July 2007.

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