As previously announced, Johnston Press has been in discussion with its lenders regarding refinancing the Company's existing facilities.
As part of these ongoing constructive negotiations, the Company is pleased to announce that it has agreed with its lenders to defer the testing of certain covenants at 30 June 2009, the Company's interim period end, to 31 August 2009 pending the outcome of its discussions with its lenders.
The Company will provide a further update on its refinancing discussions at the time of the Interim Results announcement.
Johnston Press plc
John Fry, Chief Executive or
Stuart Paterson, Chief Financial Officer
Tel: 0131 225 3361
Richard Oldworth, Richard Darby, Christian Goodbody
Tel: 020 7466 5000