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Share Transfer of Island Press (Holdings) Ltd.,
Hamilton, Bermuda: 24 June 2003 - Pursuant to the Bermuda Stock Exchange (BSX) Listing Regulations, Island Press (Holdings) Limited (the "Company") advised the BSX that the trade involving 42,272 common shares of Island Press (Holdings) Ltd. which occurred on 23rd May 2003 involved the transfer of 8.56% of the common shares from Wilson & Company to Murdoch & Company, (both being professional Nominee Companies).
