FP Newspapers Income Fund

FP Newspapers Income Fund

January 11, 2006 16:00 ET

FP Newspapers Income Fund Announces Management Appointment

VANCOUVER, BRITISH COLUMBIA--(CCNMatthews - Jan. 11, 2006) - FP Newspapers Income Fund (TSX:FP.UN) today announced the appointment of Andrew Ritchie as Publisher of the Winnipeg Free Press.

Mr. Ritchie has been part of the senior management team at The Globe and Mail since 1999. An experienced newspaper executive, he began his career in advertising sales at the Daily Mail, a large circulation daily newspaper in the United Kingdom. Mr. Ritchie has been involved in all aspects of newspaper publishing, in leadership roles in the UK, New Zealand and Canada.

"We are delighted to have Andy Ritchie join our management team in Winnipeg," commented Ronald Stern, Chairman. "Andy's varied experience and strong execution skills will complement our strong management team and our leading position in the Winnipeg media market."

FP Canadian Newspapers Limited Partnership owns the Winnipeg Free Press, the Brandon Sun, and their related businesses, as well as Canstar Community News Limited, the publisher of seven community and special interest newspapers in the Winnipeg region. The Winnipeg Free Press newspaper publishes seven days a week, serving Winnipeg and Manitoba with an average seven-day circulation of approximately of 125,000. The Brandon Sun also publishes seven days a week, serving the region with an average circulation of approximately 15,000. Canstar Community News publishes weekly with an average circulation of approximately 204,000. Based in Winnipeg, the businesses employ approximately 630 people in Winnipeg, Brandon and Thunder Bay. Further information can be found at www.fpnewspapers.com, and in the disclosure documents filed by FP Newspapers Income Fund with the securities regulatory authorities available at www.sedar.com.

Contact Information

  • FP Newspapers Income Fund
    Ronald Stern
    (604) 681-8817
    FP Newspapers Income Fund
    Kevin Karr
    Vice President, Chief Financial Officer and Secretary
    (604) 681-8817
    (604) 681-8861 (FAX)