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John Fairfax Holdings Limited
ABN 15 008 663 161

David Shein resigns from the Fairfax Board

SYDNEY, 19 September, 2001 

Mr. Brian Powers, Chairman of the Board of John Fairfax Holdings Limited [ASX:FXJ] announced that Mr. David Shein, a non-executivedirector of the Company since 1998, has resigned from the Board on 18 September, 2001.

Mr. Powers said, "David has made a tremendous contribution to every aspect of ourwork, and we will miss his judgement and expertise."

Mr. Powers said that the Board has resolved in accordance with the Company's Constitution not to replace Mr. Shein and to reduce the maximum size of the Fairfax Board from nine (9) to eight (8).

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Bruce Wolpe, Manager, Corporate Affairs
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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, including The Newcastle Herald and The Illawarra Mercury, 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.

 

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