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                                  NEWS RELEASE

For immediate release
June 2, 2006

              ARBITRATOR ISSUES DECISION IN JERUSALEM POST DISPUTE

WINNIPEG: The arbitrator in New York has released his decision in a dispute
between CanWest Global Communications Corp. and Eli Azur, an Israeli businessman
who does business under the name Mirkaei Tikshoret Group ("MTG"). In his
decision, the arbitrator denied CanWest's claims that it be entitled to acquire
a 50% interest in The Jerusalem Post. CanWest had asserted that Azur breached
his obligations under an agreement to jointly acquire The Jerusalem Post and
related media businesses. Azur had argued in defense that the parties had never
reached a binding agreement.

The arbitrator found that the parties had entered into a binding agreement to
negotiate in good faith to reach agreement on a joint venture to acquire The
Jerusalem Post and other media businesses owned and operated by the Palestine
Post Limited. The arbitrator further found that Mr. Azur refused to reaffirm the
parties' agreement that CanWest and MTG would each own a 50% interest in the
newspaper. However he concluded that this did not constitute a breach of the
agreement.

In commenting on the decision, Leonard Asper, President and Chief Executive
Officer of CanWest stated, "CanWest is extremely disappointed in the
arbitrator's decision. We find it very difficult to reconcile the apparent
inconsistency in the arbitrator's findings. On one hand, he found that MTG
refused to accept the fundamental tenet of the agreement which provided for the
parties to each own an equal interest in the newspaper but somehow concluded
that this did not constitute a breach of the agreement to negotiate with us in
good faith."

CanWest is reviewing the decision and considering its options.

CanWest Global Communications Corp. (www.canwestglobal.com), an international
media company listed on the TSX (trading symbols: CGS and CGS.A) and NYSE
(trading symbol: CWG), is Canada's largest media company. CanWest is Canada's
largest publisher of daily newspapers, and owns, operates and/or holds
substantial interests in free-to-air and subscription-based television networks,
out-of-home advertising, web sites, and radio stations and networks in Canada,
New Zealand, Australia, Ireland, Singapore, Malaysia, Turkey and the United
Kingdom.


For further information contact:

Geoffrey Elliot
Vice President, Corporate Affairs

Tel: (204) 956-2025
Fax: (204) 947-9841
gelliot@canwest.com