CanWest Receives $25.7 million.

CanWest Global Communications Corp. announced today that it has received a refund, which, net of applicable taxes, totaled $25.7 million. The refund was received in respect of CanWest's share of a reassessment of taxes previously paid by WIC Western International Communications in connection with Australian dollar denominated debentures issued by WIC in March 1990. The funds will be applied to reduce corporate debt.

CanWest Global Communications Corp. (NYSE: CWG; TSE: CGS.S and CGS.A; (http://www.canwestglobal.com/) is an international media company. CanWest, now Canada's largest publisher of daily newspapers owns, operates and/or holds substantial interests in newspapers, conventional television, out-of-home advertising, specialty cable channels, radio networks and Internet portals in Canada, New Zealand, Australia, Ireland and the United Kingdom. Fireworks, the Company's program production and distribution division, operates in several countries throughout the world.

CONTACT: Geoffrey Elliot, Vice President, Corporate Affairs, gelliot@canwest.com, Telephone: 204-956-2025, Fax: 204-947-9841