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SOUTHAM TO SEND NEWS OVER AMERICA ONLINE

Southam New Media of Toronto will be providing news on the commercial on-line service called America Online Canada beginning in August, and will be seeking advertising for the news pages. The five headline categories on the service will be: World, National, Business, Sports and Lifestyle. Users will be able to access headline summaries, photographs and full-text news. Fundata Canada of Toronto will provide investors with daily pricing information for all Canadian mutual funds and other investment funds, as well as mortgage and interest rates. America Online launched in Canada in January. It features local Canadian content, message boards, e-mail and Internet access. Canadian subscribers also have access to the content offered on the French, German, UK and U.S.-based America Online services.

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