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| | CANWEST GLOBAL COMMUNICATIONS CORP - CWG Report of Foreign Issuer (6-K) EXHIBIT 99.1 |
 | | CanWest will not initially have an equity interest in either of the stations, however its subsidiary will have options to acquire up to a 75% interest in each station, subject to a relaxation in current foreign ownership restrictions and receipt of all necessary regulatory approvals. |
 | | CanWest is Canada's largest publisher of daily newspapers, and also owns, operates and/or holds substantial interests in conventional television, out-of-home advertising, specialty cable channels, web sites and radio stations and networks in Canada, New Zealand, Australia, the United Kingdom and Ireland. |
 | | Global Investment Holdings is a holding company publicly listed on the Istanbul stock exchange (ISE: GLYHO, www.globalyatirim.com) with operations in the infrastructure, energy and finance sectors in Turkey, including a wholly-owned finance unit, Global Menkul Degerler A.S. ("Global Securities") (www.global.com.tr) which has been the leading independent brokerage and corporate finance firm in Turkey since 1990. |
| sec.edgar-online.com /2006/02/07/0000950123-06-001257/Section4.asp?ref=SevSevil.Com (637 words) |
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