CanWest Declares Semi-Annual Dividend.

Business Editors

WINNIPEG, Manitoba--(BUSINESS WIRE)--March 14, 2000

(NYSE:CWG) (TSE:CGS.S.) (WINNIPEG STOCK EXCHANGE:CGS.S.) (TSE:CGS.A.) (WINNIPEG STOCK EXCHANGE:CGS.A.)

The Board of Directors of CanWest Global Communications Corp. today declared a semi-annual cash dividend of 15c per share on all of the issued and outstanding Multiple Voting Shares, Subordinate Voting Shares and Non-Voting Shares of the Company. The dividend is payable by the Company on April 17, 2000 to shareholders of record as of the close of business on March 31, 2000.

Under the terms of the Corporation's Dividend Reinvestment Plan, all shareholders have the right to apply their dividends to purchase subordinate voting shares or non-voting shares from the Corporation's treasury at a price equal to 95% of the weighted average of the closing prices for the shares on the Toronto Stock Exchange on each of the five trading days immediately preceding the dividend payment date. Shareholders may request a copy of the Dividend Reinvestment Plan from the Dividend Reinvestment Department of Montreal Trust Company of Canada, 200 Portage Avenue, Mezzanine Level, Winnipeg, MB., R3C 3X2. Shareholders must make their election to take shares by April 7, 2000, otherwise their dividends will be payable in cash.

CanWest Global Communications Corp. (NYSE: CWG; TSE, WSE: CGS.S and CGS.A; www.canwestglobal.com) is an international media company. CanWest owns, operates and/or holds substantial interests in conventional television and specialty cable channels in Canada, New Zealand, Australia, Ireland, and the United Kingdom. The Company's program production and distribution division and interactive media division operate in several countries throughout the world.