Torstar Corporation
TSX : TS.NV.B

September 12, 2005 12:44 ET

Torstar Sale Of Surplus Land

TORONTO, ONTARIO--(CCNMatthews - Sept. 12, 2005) - Torstar Corporation (TSX:TS.NV.B) announced today that it has signed an agreement to sell surplus land located at 7 Queen's Quay East in Toronto to the Toronto Waterfront Revitalization Corporation for a total consideration of $12.2 million. The transaction is scheduled to close on September 14, 2005.

About Torstar:

Torstar Corporation is a broadly based media company listed on the Toronto Stock Exchange (TS.nv.b). Its businesses include newspapers led by the Toronto Star, Canada's largest daily newspaper; CityMedia Group, publishers of daily and community newspapers in Southwestern Ontario; Metroland Printing, Publishing & Distributing, publishers of more than 75 community newspapers in Southern Ontario; and Harlequin Enterprises, a leading global publisher of women's fiction.

Torstar's news releases are available on the Internet at www.torstar.com

Contact Information

  • Torstar Corporation
    David P. Holland
    Executive Vice-President & CFO
    (416) 869-4031