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Hollinger Inc.

Hollinger International is a newspaper group. Thirty percent (and 78% of the voting share) of the group is owned by Hollinger Inc. - an 84% controlling stake is owned by Conrad Black through his Ravelston Corporation. He attempted to sell this stake to the Barclay brothers in January 2004 and the brothers launched a takeover bid for the rest of Hollinger International. However the sale was blocked by a judge in the United States after the company's board lodged a court action against the sale. The Barclay brothers later bought The Telegraph Group which included The Daily Telegraph, The Sunday Telegraph, and The Spectator.

Assets of Hollinger International now include:

• Israel - The Jerusalem Post
• United States - Chicago Sun-Times

The group also owns various minor newspapers in Canada and the United States.

Executive Officers and Directors as of July 2004

Gordon A. Paris Chairman of the Board of Directors, Interim President, Chief Executive Officer and Director

Paul B. Healy Vice President, Corporate Development and Investor Relations

Peter K. Lane Vice President, Chief Financial Officer

Robert T. Smith Treasurer

James R. Van Horn Vice President, General Counsel and Secretary

Frederick A. Creasey Vice President

Conrad Black The Lord Black of Crossharbour, PC(Can), OC, KCSG Director

Barbara Amiel Barbara Amiel Black Director

Daniel W. Colson Director

The Hon. Richard Burt Director

Henry Kissinger The Hon. Henry A. Kissinger Director

Shmuel Meitar Director

Richard Perle The Hon. Richard N. Perle Director

Graham W. Savage Director

The Hon. Raymond G. H. Seitz Director and Chairman of the Executive Committee of the Board of Directors

James R. Thompson The Hon. James R. Thompson Director