Hollinger Inc. Announces Sale of Costa Rican Newspaper



    TORONTO, April 9 /CNW/ - Hollinger Inc. ("Hollinger") (TSX:HLG.C)
(TSX:HLG.PR.B) announced today that it has entered into an agreement to sell
all of the shares of its Costa Rican subsidiary that controls La Republica, a
newspaper published in Costa Rica, to SRB CR Limitada, a Costa Rican
corporation, for US$2 million in cash. The sale is expected to close in late
May, 2007.
    In addition, Hollinger wishes to clarify certain disclosures made in the
second full paragraph on page 29 of its March 7, 2007 Annual Information Form
concerning changes to the constitution of Hollinger's Board of Directors in
2005 as follows:

    On July 8, 2005, Mr. Justice Campbell of the Ontario Superior Court of
Justice approved a Consent Order reconstituting Hollinger's Board of
Directors. The Consent Order confirmed an agreement between Hollinger and its
then remaining four directors (Messrs. Carroll, Metcalfe, Wakefield and
Walker), among others, pursuant to which five new independent directors would
be appointed, provided that each such proposed director accepted his
appointment, and two of the then four directors would resign as directors, as
determined by the then four directors. Messrs. Carroll and Walker opted to
resign from the board at that time.

    Company Profile

    Hollinger's principal asset is its approximately 70.1% voting and 19.7%
equity interest in Sun-Times Media Group, Inc. (formerly Hollinger
International Inc.), a newspaper publisher with assets which include the
Chicago Sun-Times and a large number of community newspapers in the Chicago
area. Hollinger also owns a portfolio of commercial real estate in Canada.
Further information can be obtained at www. hollingerinc.com.





For further information:

For further information: Media contact: William E. Aziz, Chief Financial
Officer, (416) 363-8721 ext. 262, baziz@hollingerinc.com

Organization Profile

HOLLINGER INC.

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