EXHIBIT 99.4
HOLLINGER INC.
IS OFFERING TO EXCHANGE
ITS
11 7/8% SENIOR NOTES DUE 2011
WHICH HAVE BEEN REGISTERED
UNDER THE SECURITIES ACT OF 1933, AS AMENDED
PURSUANT TO ITS PROSPECTUS, DATED , 2003,
FOR ALL ISSUED AND OUTSTANDING
11 7/8% SERIES A SENIOR NOTES DUE 2011
To Our Clients:
Enclosed for your consideration is a prospectus, dated ,
2003 (the "Prospectus"), and the related Letter of Transmittal (the "Letter of
Transmittal") relating to the offer (the "Exchange Offer") of Hollinger Inc.
("Hollinger") to exchange an aggregate principal amount of up to $120,000,000 of
its 11 7/8% Senior Notes due 2011 (the "New Notes"), the issuance of which has
been registered under the Securities Act of 1933, as amended (the "Securities
Act"), for a like principal amount of its issued and outstanding 11 7/8% Senior
Notes due 2011 (the "Old Notes"). The Old Notes were issued in offerings under
Rule 144A and Regulation S of the Securities Act that were not registered under
the Securities Act. The Exchange Offer is being extended to all holders of the
Old Notes in order to satisfy certain obligations of Hollinger contained in the
Registration Rights Agreement, dated as of March 5, 2003, by and among
Hollinger, Ravelston Management Inc. ("RMI"), a wholly-owned subsidiary of our
controlling shareholder, The Ravelston Corporation Limited, and (2) 504468 N.B.
Inc. ("NBI"), as Guarantors, and Wachovia Securities, Inc. The New Notes are
substantially identical to the Old Notes, except that the transfer restrictions
and registration rights applicable to the Old Notes do not apply to the New
Notes.
These materials are being forwarded to you as the beneficial
owner of the Old Notes held by us for your account but not registered in your
name. A TENDER OF SUCH OLD NOTES MAY ONLY BE MADE BY US AS THE HOLDER OF RECORD
AND PURSUANT TO YOUR INSTRUCTIONS.
Accordingly, we request instructions as to whether you wish us
to tender on your behalf the Old Notes held by us for your account, pursuant to
the terms and conditions set forth in the enclosed Prospectus and Letter of
Transmittal.
Your instructions should be forwarded to us as promptly as
possible in order to permit us to tender the Old Notes on your behalf in
accordance with the provisions of the Exchange Offer. THE EXCHANGE OFFER WILL
EXPIRE AT 5:00 P.M., NEW YORK CITY TIME, ON , 2003, UNLESS THE EXCHANGE
OFFER IS EXTENDED. Any Old Notes tendered pursuant to the Exchange Offer may
with withdrawn at any time before the expiration of the Exchange Offer.
Your attention is directed to the following:
1. The Exchange Offer is for any and all Old Notes.
2. The Exchange Offer is subject to certain conditions
set forth in the Prospectus under the caption "The
Exchange Offer-Conditions to the Exchange Offer."
3. Any transfer taxes incident to the transfer of Old
Notes from the holder to Hollinger will be paid by
Hollinger, except as otherwise provided in
Instruction 13 of the Letter of Transmittal.
4. The Exchange Offer expires at 5:00 P.M., New York
City time, on , 2003, unless the Exchange Offer
is extended.
If you wish to have us tender your Old Notes, please so
instruct us by completing, executing and returning to us the instruction form on
the back of this letter. THE LETTER OF TRANSMITTAL IS FURNISHED TO YOU FOR
INFORMATION ONLY AND MAY NOT BE USED DIRECTLY BY YOU TO TENDER OLD NOTES.
INSTRUCTIONS WITH RESPECT TO
THE EXCHANGE OFFER
The undersigned acknowledge(s) receipt of your letter and the
enclosed materials, referred to therein relating to the Exchange Offer made by
Hollinger with respect to its Old Notes.
This will instruct you to tender the Old Notes held by you for
the account of the undersigned, subject to the terms and conditions set forth in
the Prospectus and the related Letter of Transmittal.
Please tender the Old Notes held by you for my account as
indicated below:
[ ] 11 7/8% Senior Notes due 2011
$___________________
(Aggregate Principal Amount of 10-Year Old Notes)
[ ] Please do not tender any Old Notes held by
you for my account Dated: , 2003
Signature(s): __________________________________________________________________
Print Name(s) here: ____________________________________________________________
(Print Address(es)): ___________________________________________________________
(Area Code and Telephone Number(s)): ___________________________________________
(Tax Identification or Social Security Number(s)): _____________________________
NONE OF THE OLD NOTES HELD BY US FOR YOUR ACCOUNT WILL BE
TENDERED UNLESS WE RECEIVE WRITTEN INSTRUCTIONS FROM YOU TO DO SO. UNLESS A
SPECIFIC CONTRARY INSTRUCTION IS GIVEN IN THE SPACE PROVIDED, YOUR SIGNATURE(S)
HEREON SHALL CONSTITUTE AN INSTRUCTION TO US TO TENDER ALL THE OLD NOTES HELD BY
US FOR YOUR ACCOUNT.