Trinity Mirror plc ("Trinity Mirror"), the UK's largest
newspaper publisher, announces that it has sold Ethnic Media Group Limited
("EMG") to a management buy-out for £10.25 million in cash, with £1 million
deferred for two years.
The EMG portfolio comprises five national Asian and
African-Caribbean titles, including Eastern Eye and New Nation.
Trinity Mirror acquired EMG as part of its Southnews acquisition
in October 2000.
