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                                                                    Exhibit 99.1



                                 HOLLINGER INC.
                             PROVIDES STATUS UPDATE

     Toronto, Canada, September 15, 2004 -- Hollinger Inc. ("Hollinger") (TSX:
HLG.C; HLG.PR.B) provides the following update in accordance with the guidelines
pursuant to which the June 1, 2004 management and insider cease trade order was
issued. These guidelines contemplate that Hollinger will normally provide
bi-weekly updates on its affairs until such time as it is current with its
filing obligations under applicable Canadian securities laws.

     Hollinger and Hollinger International Inc. ("Hollinger International")
continue to pursue, on a without prejudice basis, the conclusion of mutually
acceptable arrangements to permit the audit of Hollinger's 2003 annual financial
statements to begin as soon as possible.

     Hollinger's 2003 annual financial statements cannot be completed and
audited until Hollinger International's 2003 annual financial statements are
completed. Hollinger International has advised Hollinger that it and its
auditors need time to review the final report of the investigation by the
Special Committee established by Hollinger International, which report was
released on August 30, 2004, and to assess its impact, if any, on the results of
operations of Hollinger International before it can complete and file its 2003
annual financial statements.

     As of the close of business on September 14, 2004, Hollinger and its
subsidiaries (other than Hollinger International and its subsidiaries) had
approximately US$4.3 million of cash or cash equivalents on hand and Hollinger
owned, directly or indirectly, 792,560 shares of Class A Common Stock and
14,990,000 shares of Class B Common Stock of Hollinger International. The
decrease in Hollinger's cash and cash equivalents on hand during the period
since its August 30, 2004 status update is substantially due to the timely
payment of interest on Hollinger's senior secured notes (the "Notes") on
September 1, 2004 in the approximate amount of US$5 million. Based on the
September 14, 2004 closing price of the shares of Class A Common Stock of
Hollinger International on the New York Stock Exchange of US$17.14, the market
value of Hollinger's direct and indirect holdings in Hollinger International was
US$270,513,078.40. All of Hollinger's direct and indirect interest in the shares
of Class A Common Stock of Hollinger International are being held in escrow with
a licensed trust company in support of future retractions of its Series II
Preference Shares and all of Hollinger's direct and indirect interest in the
shares of Class B Common Stock of Hollinger International are pledged as
security in connection with the Notes. In addition, Hollinger has previously
deposited with the trustee under the indenture governing the Notes approximately
US$10.5 million in cash as collateral in support of the Notes. Consequently,
there is currently in excess of US$267.4 million aggregate collateral securing
the US$78 million principal amount of the Notes outstanding.

     Hollinger is closely monitoring its liquidity requirements and is assessing
various financing transactions and initiatives with the objective of ensuring
its liquidity needs are addressed on a continuing basis.

     On June 25, 2005, Madame Justice Pepall of the Ontario Superior Court of
Justice granted Hollinger an interim order (the "Original Order") extending the
time for calling Hollinger's 2004 annual shareholders' meeting to a date not
later than September 30, 2004. The postponement was sought because until such
time as the annual audited financial statements of Hollinger for the year ended
December 31, 2003 are complete, Hollinger is unable to satisfy the

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Canadian law requirement that such financial statements be placed before the
shareholders at the annual shareholders' meeting. As Hollinger's 2003 annual
financial statements are still not complete, Hollinger will be seeking an
interim order extending the time for calling Hollinger's 2004 annual
shareholders' meeting beyond the deadline of September 30, 2004 set out in the
Original Order. Hollinger intends to hold its 2004 annual shareholders' meeting
as soon as practicable after its fiscal 2003 audited financial statements are
completed and available for mailing to shareholders.

     Fred A. Creasey, the Chief Financial Officer of Hollinger, remains on
medical leave. It has not yet been determined when Mr. Creasey will reassume his
duties at Hollinger, if at all.

     As previously announced, Mr. Justice Colin L. Campbell of the Ontario
Superior Court of Justice ordered that an inspector be appointed pursuant to s.
229(1) of the Canada Business Corporations Act to conduct an investigation of
Hollinger, as requested by Catalyst Fund General Partner I Inc., a shareholder
of Hollinger. Justice Campbell issued the reasons for his decision earlier
today. In his reasons, Justice Campbell noted that the parties will address the
extent, scope, timing, cost and reporting of the investigation in case
conferences to be held in the coming weeks.

     Hollinger's principal asset is its approximately 68.0% voting and 18.2%
equity interest in Hollinger International. Hollinger International is an
international newspaper publisher with English-language newspapers in the United
States and Israel. Its assets include the Chicago Sun-Times and a large number
of community newspapers in the Chicago area, The Jerusalem Post and The
International Jerusalem Post in Israel, a portfolio of new media investments and
a variety of other assets.

Media contact:
Jim Badenhausen
646-805-2006

                              www.hollingerinc.com