CanWest MediaWorks Income Fund Announces Monthly Distribution
CanWest MediaWorks Income Fund Announces Monthly Distribution
TORONTO, June 20 /PRNewswire-FirstCall/ -- CanWest MediaWorks Income Fund (the "Fund") has announced that its Board of Trustees has approved a cash distribution of $0.0771 per unit for the month of June, 2006. This distribution will be paid on July 14, 2006 to unitholders of record as of the close of business on June 30, 2006.
CanWest MediaWorks Income Fund (TSX: CWM.UN; www.cwmincomefund.com) is an unincorporated, open-ended trust that holds an approximate 26% equity interest in CanWest MediaWorks Limited Partnership, which is the largest publisher of newspapers in Canada, as measured by paid circulation, readership and revenue.
The assets within the Limited Partnership comprise ten major metropolitan daily newspapers serving nine Canadian cities; Vancouver Sun, The Province (Vancouver), Ottawa Citizen, The Gazette (Montreal), The Edmonton Journal, Calgary Herald, The Windsor Star, Times-Colonist (Victoria), Leader Post (Regina), Star Phoenix (Saskatoon), and a one-third interest in Metro Ottawa and Metro Vancouver, free commuter dailies, together with 23 smaller community daily, weekly and bi-weekly publications. The assets also include online properties canada.com, dose.ca, working.com and driving.ca and related websites.
CanWest MediaWorks Limited Partnership is 74% owned by CanWest Global Communications Corp. (www.canwestglobal.com), an international media company listed on the TSX (trading symbols: CGS and CGS.A) and NYSE (trading symbol: CWG), is Canada's largest media company. CanWest is Canada's largest publisher of daily newspapers, and owns, operates and/or holds substantial interests in free-to-air and subscription-based television networks, out-of-home advertising, web sites, and radio stations and networks in Canada, New Zealand, Australia, Singapore, Malaysia, Indonesia, Turkey, Ireland and the United Kingdom."
Source: CanWest MediaWorks Income Fund
CONTACT: Doug Lamb, Executive Vice President and CFO, CanWest MediaWorks
Limited Partnership, Tel: (416) 383-2325, Email: dlamb@canwest.com
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