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Announcement - Share Sub-division And Capital Reduction

SINGAPORE PRESS HOLDINGS LIMITED

ANNOUNCEMENT - SHARE SUB-DIVISION AND CAPITAL REDUCTION

Singapore Press Holdings Limited (the "Company") wishes to remind shareholders that the trading of ordinary shares of S$0.20 each ("Sub-Divided Shares") in the capital of the Company in board lots of 25 Sub-Divided Shares will cease at 5.00 p.m. on 7 July 2004.

Singapore,
1 July 2004

Submitted by Ginney Lim May Ling, Group Company Secretaryon 01/07/2004to the SGX