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Canwest Global Communications Corp.

11:47 AM EST - Canwest Global Communications Corp. : has been awarded $50 million in a dispute with Hollinger International Inc. - now Sun-Times Media Group, Inc. - and related parties. The decision by the arbitrator concerns a dispute between the two companies relating to unresolved adjustments and claims associated to Canwest's November 15, 2000 acquisition of certain newspaper assets from Hollinger. Canwest Global Communications Corp. shares T.CGS are trading up $0.02 at $0.52.