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FORM 3
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U.S. SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 3
INITIAL STATEMENT OF BENEFICIAL OWNERSHIP OF SECURITIES
Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934,
Section 17(a) of the Public Utility Holding Company Act of 1935 or
Section 30(h) of the Investment Company Act of 1940
(Print or Type Responses)
________________________________________________________________________________
1. Name and Address of Reporting Person*
Hollinger NCI Holdings, LLC
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(Last) (First) (Middle)
c/o Hollinger International, Inc.
712 Fifth Avenue
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(Street)
New York New York 10019
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(City) (State) (Zip)
________________________________________________________________________________
2. Date of Event Requiring Statement (Month/Day/Year)
06/25/02
________________________________________________________________________________
3. IRS Identification Number of Reporting Person, if an Entity (Voluntary)
________________________________________________________________________________
4. Issuer Name and Ticker or Trading Symbol
News Communications, Inc. (NCOM)
________________________________________________________________________________
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
[ ] Director [X] 10% Owner
[ ] Officer (give title below) [ ] Other (specify below)
________________________________________________________________________________
6. If Amendment, Date of Original (Month/Day/Year)
________________________________________________________________________________
7. Individual or Joint/Group Filing (Check applicable line)
[ ] Form Filed by One Reporting Person
[X] Form Filed by More than One Reporting Person
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Table I -- Non-Derivative Securities Beneficially Owned
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3. Ownership Form:
2. Amount of Securities Direct (D) or
1. Title of Security Beneficially Owned Indirect (I) 4. Nature of Indirect Beneficial Ownership
(Instr. 4) (Instr. 4) (Instr. 5) (Instr. 5)
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Common Stock 509,222.5 I (1)
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Page 1 of 6 pages
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Table II -- Derivative Securities Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)
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1. Title of 2. Date Exercisable 3. Title and Amount 4. Conversion or 5. Ownership Form 6. Nature of
Derivative and Expiration of Securities Exercise Price of Derivative Indirect
Security Date Underlying Derivative of Derivative Securities: Direct Beneficial
(Instr. 4) (Month/Day/Year) Security (Instr. 4) Security (D) or Indirect (I) Ownership
(Instr. 5) (Instr. 5)
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Date Expiration Title Amount or
Exercisable Date Number of
Shares
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Warrant Immed. 04/19/06 Common Stock 500,000 $1.10 I (1)
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Warrant Immed. 04/19/06 Common Stock 500,000 $1.50 I (1)
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Warrant Immed. 04/19/06 Common Stock 500,000 $2.00 I (1)
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Warrant Immed. 06/04/06 Common Stock 75,000 $1.00 I (1)
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Reminder: Report on a separate line for each class of securities beneficially
owned directly or indirectly.
Explanation of Responses:
(1) The securities covered by this filing on Form 3 represent one-half (1/2)
of the securities of News Communications, Inc. beneficially owned directly
by JAF-HLR, LLC, a Delaware limited partnership. Hollinger NCI Holdings,
LLC is a member of JAF-HLR, LLC. Hollinger International Inc. owns,
directly or indirectly, all of the membership interests in Hollinger NCI
Holdings, LLC. Hollinger Inc. controls Hollinger International Inc.
through its holding of over a majority of the outstanding common stock of
Hollinger International Inc. The Ravelston Corporation Limited controls
Hollinger Inc. directly and indirectly through its subsidiaries (including
Argus Corporation Limited) as a result of holding (both directly and
indirectly) over a majority of the outstanding common shares of Hollinger
Inc. Conrad Black Capital Corporation controls The Ravelston Corporation
Limited through its holding of over a majority of the outstanding common
shares of The Ravelston Corporation Limited. The Lord Black of
Crossharbour, PC (Can), OC, KCSG is the sole shareholder and Chairman of
Conrad Black Capital Corporation.
Hollinger NCI Holdings, LLC
By: /s/ Mark S. Kipnis
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Mark S. Kipnis
Authorized Signatory
Date: July 5, 2002
* If the form is filed by more than one Reporting Person, see Instruction
5(b)(v).
** Intentional misstatements or omissions of facts constitute Federal
Criminal Violations. See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If
space is insufficient, see Instruction 6 for procedure.
Page 2 of 6 pages
Joint Filing Information
Name: Hollinger International Inc.
Address: 401 North Wabash Avenue
Chicago, Illinois 60611
Designated Filer: Hollinger NCI Holdings, LLC
Issuer & Ticker Symbol: News Communications, Inc. (NCOM)
Date of Event Requiring Statement: June 25, 2002
Signature: Hollinger International Inc.
By: /s/ Mark S. Kipnis
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Mark S. Kipnis
Vice President, Corporate Counsel
and Secretary
Page 3 of 6 pages
Joint Filing Information
Name: Hollinger Inc.
Address: 10 Toronto Street
Toronto, Ontario
Canada M5C 2B7
Designated Filer: Hollinger NCI Holdings, LLC
Issuer & Ticker Symbol: News Communications, Inc. (NCOM)
Date of Event Requiring Statement: June 25, 2002
Signature: Hollinger Inc.
By: /s/ Charles G. Cowan
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Charles G. Cowan, Q.C.
Vice President and Secretary
Page 4 of 6 pages
Joint Filing Information
Name: The Ravelston Corporation Limited
Address: 10 Toronto Street
Toronto, Ontario
Canada M5C 2B7
Designated Filer: Hollinger NCI Holdings, LLC
Issuer & Ticker Symbol: News Communications, Inc. (NCOM)
Date of Event Requiring Statement: June 25, 2002
Signature: The Ravelston Corporation Limited
By: /s/ Charles G. Cowan
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Charles G. Cowan, Q.C.
Vice President and Secretary
Page 5 of 6 pages
Joint Filing Information
Name: The Lord Black of Crossharbour,
PC (Can), OC, KCSG
Address: 10 Toronto Street
Toronto, Ontario
Canada M5C 2B7
Designated Filer: Hollinger NCI Holdings, LLC
Issuer & Ticker Symbol: News Communications, Inc. (NCOM)
Date of Event Requiring Statement: June 25, 2002
By: /s/ Conrad M. Black
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The Lord Black of Crossharbour,
PC (Can), OC, KCSG
Page 6 of 6 pages