SVN 7 Days Grp. Holdings Limited American Depositary Shares, Each Representing Three Ordinary Shares

Sun-Times Media Group, Inc. (NYSE: SVN) today announced that it will release its financial and operating results for the first quarter ended March 31, 2008 on Thursday, May 8, 2008. The Company will host a conference call at 4:30 EDT (3:30 p.m. CDT) that afternoon to discuss its results. Cyrus F. Freidheim, Jr., President and Chief Executive Officer, and William G. Barker III, Chief Financial Officer, will host the call. Investors and other interested parties are invited to listen to the conference call by dialing (888) 680-0865 in the United States or (617) 213-4853 from abroad and entering pass code 26921502, or via a simultaneous Internet broadcast on the Company�s Web site at www.thesuntimesgroup.com under Investor Relations. A replay of the conference call will be available on the Company�s Web site for 30 days, beginning shortly after completion of the call. About Sun-Times Media Group Sun-Times Media Group, Inc. is dedicated to being the premier source of local news and information for the greater Chicago area. Its media properties include the Chicago Sun-Times and Suntimes.com as well as newspapers and Web sites serving more than 200 communities across Chicago. Further information can be found at http://www.thesuntimesgroup.com. Cautionary Statement on Forward-Looking Statements Certain statements made in this release are "forward-looking statements" within the meaning of the Private Securities Litigation Reform Act of 1995 (the "Act"). Forward-looking statements include, without limitation, any statement that may predict, forecast, indicate or imply future results, performance or achievements, and may contain the words "believe," "anticipate," "expect," "estimate," "project," "will be," "will continue," "will likely result," "plan," or similar words or phrases. Forward-looking statements involve risks and uncertainties, which may cause actual results to differ materially from the forward-looking statements. The risks and uncertainties are detailed from time to time in reports filed by Sun-Times Media Group with the Securities and Exchange Commission, including in its Forms 10-K and 10-Q. New risk factors emerge from time to time and it is not possible for management to predict all such risk factors, nor can it assess the impact of all such risk factors on the Company's business or the extent to which any factor, or combination of factors, may cause actual results to differ materially from those contained in any forward-looking statements. Given these risks and uncertainties, investors should not place undue reliance on forward-looking statements as a prediction of actual results.