Company Profile For Johnston Press plc

Johnston Press plc, along with its subsidiaries, is engaged in publishing of local and regional weekly, evening and morning newspapers, both paid-for and free, together with associated Websites, as well as specialist publications in paper, online or via mobile technologies. The Company operates in two business segments: newspaper publishing (in print and online) and contract printing. It has operations in the United Kingdom and the Republic of Ireland. The Company's subsidiaries include Johnston Publishing Ltd, Johnston Press (Ireland) Ltd, Johnston (Falkirk) Ltd, Strachan & Livingston Ltd, Wilfred Edmunds Ltd, North Notts Newspapers Ltd, Yorkshire Weekly Newspaper Group Ltd, Sussex Newspapers Ltd, T R Beckett Ltd, Halifax Courier Ltd and Isle of Man Newspapers Ltd, among others. On March 7, 2008, the Company acquired Clonnad Ltd, which publishes one title, South Tipp Today.

BRIEF: For the fiscal year ended 31 December 2008, Johnston Press plc's revenues decreased 12% to £531.9M. Net loss totaled £365.5M vs. an income of £113.6M. Revenues reflects a decrease in income from Newspaper Publishing segment. Net loss reflects the presence of impairment of intangibles, increased operating loss, higher intangible adjustment and lower finance income on pension and a decreased margins.