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Torstar And CanWest Reach Agreement To Print National Post

Press release from the issuing company

TORONTO, ONTARIO--Torstar Corporation says that it has entered into an agreement with CanWest Global Communications Corp. to print the southern Ontario edition of the National Post newspaper at Torstar's Vaughan Press Centre. This edition is currently printed at two printing facilities - Torstar's Hamilton Spectator plant and Sun Media Corporation's Toronto Sun plant. Under this agreement, the printing will be consolidated at Torstar's Vaughan Press Centre starting in January 2002. "This printing contract allows us to go from printing half the National Post print run to the whole run and to make better use of our printing facilities at Vaughan,'' said Bob Steacy, Vice President of Finance of Torstar Corporation. "Printing the Post at Vaughan will be a seamless addition to our production schedule,'' said Steacy. "The process to ready our press is straightforward, and we have sufficient capacity to meet CanWest's needs.'' Torstar Corporation is a broadly based publishing company. Its operations include the Torstar Media Group, including The Toronto Star, Canada's largest daily newspaper, the Hamilton Spectator, the Kitchener-Waterloo Record and Metroland Printing, Publishing & Distributing, publishers of approximately 70 community newspapers and distributors of advertising materials; Harlequin Enterprises, the world's largest publisher of series romance fiction; the Interactive Media Division, which includes Torstar's approximately 40 websites, Toronto Star Television and a portfolio of Internet-related investments.