EX-99.1 2 rrd50156_56666.htm FOOTNOTE 3 rrd50156_56666.html
   (3)  For HI: 15,775,499 Class A Common Shares directly and indirectly via its wholly
        owned subsidiary 504468 N.B. Inc.

        For The Ravelston Corporation Limited ("Ravelston"): 15,775,499 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 of 95,000 options expiring on May 1, 2007
at $10.06 per share; 150,000 options expiring 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) 15,775,499 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,
15,775,499 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.