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Exhibit 99.1
HOLLINGER INC.
RETRACTION PRICE OF RETRACTABLE COMMON SHARES
Toronto, Canada, July 6, 2000 -- Hollinger Inc. (TSE: HLG.C) announces
that the Retraction Price of the retractable common shares of the Corporation as
of July 7, 2000 shall be $13.25 per share.
Hollinger is a Canadian-based international newspaper company that,
through its subsidiaries, is engaged in the publishing, printing and
distribution of newspapers and magazines in the United Kingdom, the United
States, Canada and Israel. Web sites are operated at all of its major
newspapers. It owns the Canada.com national portal site and a variety of other
specialized sites. Through its Hollinger Digital subsidiary, it has taken
investment positions in various Internet-based companies.
For further information please call:
J. A. Boultbee Peter Y. Atkinson
Executive Vice-President and CFO Executive Vice-President and General Counsel
Hollinger Inc. Hollinger Inc.
(416) 363-8721 (416) 363-8721