ANPL Decline distribution increase

Its public now to all SA ANF members so I can now let everyone else know.

In short ANPL has said it will not consider any distribution increase at all until the end of the financial year 08/09. From Adam Everett:

In light of the recent economic downturn and the negative impact this is
already having on reader and consumer discretionary spend and newspaper
sales it is our view that the market cannot currently sustain any further
increase to the cost of newspaper subscriptions without significant loss of
business.