MediaHouse Limited informed the Bermuda Stock Exchange (BSX) that the company has resolved to redeem all of its outstanding $5.00 par value preference shares as of the close of business on Tuesday, 30 September 2008.

The redeemed shares shall then be cancelled.

MediaHouse Limited has confirmed that its preference shares will be redeemed at their par value of $5.00 along with accrued dividends to September 30.

The last day to trade MediaHouse Limited preference shares was yesterday, Thursday, September 25 and the date and time for suspension of transfers of the preference shares held in the BSD will be 3:30pm on Tuesday, 30 September.

The suspension of the listing will immediately follow and the de-listing will occur on receipt by the Exchange of confirmation from MediaHouse Limited of the redemption of its preference shares.