EX-99.1 2 rrd51316_57983.htm FOOTNOTE 3 rrd51316_57983.html
(3)  	 For HI: 15,774,211 Class A Common Shares directly and indirectly via its
     wholly owned subsidiary 504468 N.B. Inc.

	For The Ravelston Corporation Limited ("Ravelston"):  15,774,211 Class A
     Common Shares indirectly via its control over HI.

	For Conrad M. Black ("Lord Black"):  (i) 600 shares of Class A Common Stock
 that Lord Black owns directly; (ii) 1,363,750 shares of Class A Common Stock that
 Lord Black may be deemed to own in connection with options exercises. On February 13,
 2004, Lord Black tendered the full amount of the purchase price to exercise options
 to purchase 145,000 Class A Common Shares to Hollinger International Inc. (the "Company")
 consisting of 40,000 options expiring on May 3, 2004 at $13.00 per share; 40,000 options
 expiring on October 9, 2005 at $12.40 per share; and 65,000 options expiring on August 1,
 2006 at $9.71 per share. The Company accepted Lord Black's payment for such options, but
 has refused to deliver the stock certificates therefor, and the transaction is now the
 subject of litigation.  On April 2, 2004, Lord Black tendered the full amount of the
 purchase price to exercise options to purchase 1,218,750 Class A Common Shares consisting
 on February 26, 2009 at $12.25 per share; 245,000 options expiring on February 12, 2009
 at $11.63 per share; 251,250 options expiring on March 7, 2010 at $10.53 per share;
 200,000 options expiring on April 2, 2011 at $14.37 per share; 187,500 options expiring
 on February 5, 2012 at $11.13 per share; and 90,000 options expiring February 5, 2013
 at $9.45 per share. Following the exercise of such options, Lord Black will hold
 1,364,350 Class A Common Shares directly. The Company refused to accept Lord Black's
 payment for such options and refused to deliver the stock certificates therefor, and the
 transaction, is now the subject of litigation; (iii) 15,774,211 Class A Common Shares
 indirectly via his control over Ravelston which controls HI; (iv) 9,600 Class A Common
 Shares indirectly via his control over Conrad Black Capital Corporation; (v) 50 Class A
 Common Shares indirectly via his son; and (vi) 269,500 Class A Common Shares indirectly
 via his spouse, Lady Black. Lord Black disclaims beneficial ownership of his son's and
 spouse's securities.

	For Barbara Amiel Black ("Lady Black"): 269,500 Class A Common Shares directly,
 15,774,211 Class A Common Shares indirectly via her spouse's control over Ravelston which
 controls HI, 9,600 Class A Common Shares indirectly via her spouse's control over
 Conrad Black Capital Corporation, 50 Class A Common Shares indirectly via her spouse's son
 and 1,364,350 Class A Common Shares indirectly via her spouse (1,363,750 Class A Common
 Shares of which are now the subject of litigation). Lady Black disclaims beneficial
 ownership of all securities held directly or indirectly by her spouse and spouse's son.