Glacier Media Inc. (TSX:GVC) (the "Company" or "Glacier") announced today that
it has acquired for cancellation 2,087,800 Glacier common shares at $2.34 per
share under its normal course issuer bid.


Shares in Glacier can be traded on the Toronto Stock Exchange under the symbol GVC.

About the Company: Glacier Media Inc. is an information communications company
focused on the provision of primary and essential information and related
services through print, electronic and online media. Glacier is pursuing this
strategy through its core businesses: the local newspaper, trade information and
business and professional information markets.


Forward Looking Statements

Certain statements in this press release are not historical and may constitute
forward-looking statements reflecting financial performance. Investors are
cautioned that all forward-looking statements involve risks and uncertainties.
Forward-looking statements are based on management's estimates, beliefs and
opinions on the date the statements are made. Glacier assumes no obligation to
update forward-looking statements if circumstances should change. Additional
information on these and other potential factors that could affect Glacier's
financial results are detailed in documents filed from time to time with the
applicable Canadian securities regulatory authorities.


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