Fairfax
acquires The Sun Weekly newspaper
SYDNEY, July 24, 2001 - Newcastle
Newspapers Pty Limited, a wholly owned subsidiary of John Fairfax Holdings Limited,
announced today its acquisition of The Sun Weekly newspaper, published on the NSW Central
Coast.
Mr Brian Evans, General Manager, Fairfax Regional Newspapers, said:
"The Sun Weekly is a strong and vibrant newspaper in a growing
market, and we welcome the opportunity to further strengthen a prime franchise. The
Central Coast region is benefiting from population and employment growth, and we want The
Sun Weekly to be an even more important part of the region's future. We look forward to
working with the staff and the community it serves so well."
The Sun Weekly was founded in 1987 and has a circulation of 100,000.
--
ENDS --
Contact: Bruce Wolpe, Corporate Affairs, (02) 9282 3640
Note to editors
John Fairfax Holdings [ASX:FXJ] is Australia's leading publishing group. Its mastheads
include The Sydney Morning Herald, The Australian Financial Review, The Age, The Sun
Herald, and BRW. In addition, the company publishes financial and consumer magazines,
regional and community newspapers, and provides online and interactive services. In 2000,
the company had revenues of over $1.3 billion. Fairfax, through f2, its wholly owned
subsidiary for its online and interactive businesses, is building a strong position in
directories, financial services, classified supersites, and news and information.
All of the f2 network sites are accessible through its home page at www.f2.com.au.
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