All Articles

Rogers Agrees to Purchase 1,000,000 Class B Non-Voting Shares for Cancellation in Private Purchase

    TORONTO, May 21 /CNW/ - Rogers Communications Inc. ("Rogers") announced
today that it has agreed to purchase for cancellation 1,000,000 of its
outstanding Class B Non-Voting shares ("Class B Shares"), or approximately
0.002% of the Class B Shares outstanding at April 30, 2008, pursuant to a
private agreement between Rogers and an arm's-length third party seller (the
"Private Purchase") for an aggregate purchase price of $39,859,800. The
Private Purchase was made under an issuer bid exemption order issued by the
Ontario Securities Commission. The Class B Shares purchased under the Private
Purchase will be included in calculating the number of Class B Shares that
Rogers may purchase through its outstanding normal course issuer bid.

    About the Company

    We are a diversified Canadian communications and media company. We are
engaged in wireless voice and data communications services through Wireless,
Canada's largest wireless provider and the operator of the country's only
national Global System for Mobile Communications ("GSM") based network.
Through Cable we are one of Canada's largest providers of cable television
services as well as high-speed Internet access and telephony services. Through
Media, we are engaged in radio and television broadcasting, televised
shopping, magazines and trade publications, and sports entertainment. We are
publicly traded on the Toronto Stock Exchange (TSX: RCI.A and RCI.B) and on
the New York Stock Exchange (NYSE: RCI). For further information about the
Rogers group of companies, please visit

    %SEDAR: 00003765E