Tribune Revenues Down 3.5% in October

Tribune Revenues Down 3.5% in October

Publishing Advertising Revenues Up 1.4%; Television Revenues Down 9.7%

CHICAGO, Nov. 15 /PRNewswire-FirstCall/ -- Tribune Company (NYSE:TRB) today reported its summary of revenues and newspaper advertising volume for period 10, ended Oct. 23, 2005. Consolidated revenues for the period were $439 million, down 3.5 percent from last year's $455 million.

Publishing revenues in October were $330 million compared to last year's $329 million. Advertising revenues increased 1.4 percent to $265 million, compared with $261 million in October 2004.

-- Retail advertising revenues decreased 2.0 percent as declines in the
food & drug store, electronics, department stores and furniture/home
furnishing categories were partially offset by increases in the
hardware/home improvement, personal services and amusement categories.
Preprint revenues, which are principally included in retail, were down
2 percent.
-- National advertising revenues increased 2.2 percent as gains in the
movie, financial and media categories were partially offset by
declines in the auto, package goods and wireless categories.
-- Classified advertising revenues rose 4.7 percent due to gains in help
wanted and real estate, which rose 10 and 19 percent, respectively.
Automotive classified advertising fell 13 percent. Interactive
revenues, which are primarily included in classified, were $16
million, up 50 percent, due to strength in all categories.

Circulation revenues were down 4.5 percent primarily due to volume declines at most of the company's newspapers as well as selectively higher discounting.

Broadcasting and entertainment group revenues in October decreased 13.2 percent to $109 million, compared with $126 million last year. Television revenues declined 9.7 percent as advertising revenue remains soft in most markets. Weakness in the auto, retail and restaurant/fast food categories was partially offset by increases in movies and financial/legal. Radio/entertainment revenues decreased 36.0 percent due to five fewer Chicago Cubs baseball games in period 10 this year.

This press release contains certain comments or forward-looking statements that are based largely on the Company's current expectations and are subject to certain risks, trends and uncertainties. Such comments and statements should be understood in the context of Tribune's publicly available reports filed with the Securities and Exchange Commission ("SEC"), including the most current annual 10-K report and quarterly 10-Q report, which contain a discussion of various factors that may affect the company's business or financial results. These factors could cause actual future performance to differ materially from current expectations. Tribune Company is not responsible for updating the information contained in this press release beyond the published date, or for changes made to this document by wire services or Internet service providers. The Company's next 10-Q report to be filed with the SEC may contain updates to the information included in this release.

TRIBUNE (NYSE:TRB) is one of the country's top media companies, operating businesses in publishing and broadcasting. It reaches more than 80 percent of U.S. households and is the only media organization with newspapers, television stations and websites in the nation's top three markets. In publishing, Tribune operates 11 leading daily newspapers including the Los Angeles Times, Chicago Tribune and Newsday, plus a wide range of targeted publications such as Spanish-language Hoy. The company's broadcasting group operates 26 television stations, Superstation WGN on national cable, Chicago's WGN-AM and the Chicago Cubs baseball team. Popular news and information websites complement Tribune's print and broadcast properties and extend the company's nationwide audience.

TRIBUNE COMPANY
SUMMARY OF REVENUES (Unaudited)
For Period 10 Ended October 23, 2005
(In thousands)

Period 10 (4 weeks) Year-to-Date (43 weeks)
2005 2004 % 2005 2004 %
---------- ---------- --- ----------- ---------- ---
Publishing
----------
Advertising
Retail $ 103,141 $ 105,257 (2.0) $ 1,046,191 $ 1,040,633 0.5
National 66,553 65,109 2.2 629,213 644,880 (2.4)
Classified 94,819 90,579 4.7 972,821 924,881 5.2
---------- ---------- ----------- ----------
Sub-Total 264,513 260,945 1.4 2,648,225 2,610,394 1.4
Circulation 45,861 48,044 (4.5) 493,967 537,225 (8.1)
Other 19,432 20,234 (4.0) 212,104 212,508 (0.2)
---------- ---------- ----------- ----------
Segment
Total(A) 329,806 329,223 0.2 3,354,296 3,360,127 (0.2)
---------- ---------- ----------- ----------
Broadcasting &
Entertainment
--------------
Television 98,826 109,450 (9.7) 1,030,069 1,110,631 (7.3)
Radio/Enter. 10,554 16,495 (36.0) 235,443 226,509 3.9
---------- ---------- ----------- ----------
Segment Total 109,380 125,945 (13.2) 1,265,512 1,337,140 (5.4)
---------- ---------- ----------- ----------
Consol. Rev. $ 439,186 $ 455,168 (3.5) $ 4,619,808 $ 4,697,267 (1.6)
========== ========== =========== ==========

(A) Publishing advertising and other revenues for 2004 have been
reclassified to conform with the 2005 presentation. There was no
effect on total revenues.

TRIBUNE COMPANY
SUMMARY OF NEWSPAPER ADVERTISING VOLUME (Unaudited)(A)
For Period 10 Ended October 23, 2005
(In thousands)

Period 10 (4 weeks) Year-to-Date (43 weeks)
2005 2004 % 2005 2004 %
---------- ---------- --- ----------- ---------- ---
Full Run
--------
L.A. Times 172 183 (6.0) 1,808 1,968 (8.1)
Chicago Tribune 173 176 (1.7) 1,721 1,770 (2.8)
Newsday 119 127 (6.3) 1,266 1,289 (1.8)
Other Dailies (B) 1,125 1,109 1.4 11,362 11,722 (3.1)
---------- ---------- ----------- ----------
Total 1,589 1,595 (0.4) 16,157 16,749 (3.5)
========== ========== =========== ==========

Part Run
--------
L.A. Times 421 476 (11.6) 4,460 4,904 (9.1)
Chicago Tribune 528 584 (9.6) 5,576 5,531 0.8
Newsday 172 168 2.4 1,711 1,588 7.7
Other Dailies (B) 492 498 (1.2) 5,184 5,123 1.2
---------- ---------- ----------- ----------
Total 1,613 1,726 (6.5) 16,931 17,146 (1.3)
========== ========== =========== ==========

Total Advertising Inches
------------------------
Full Run
Retail 460 490 (6.1) 4,714 4,838 (2.6)
National 303 313 (3.2) 3,046 3,226 (5.6)
Classified 826 792 4.3 8,397 8,685 (3.3)
---------- ---------- ----------- ----------
Sub-Total 1,589 1,595 (0.4) 16,157 16,749 (3.5)
Part Run 1,613 1,726 (6.5) 16,931 17,146 (1.3)
---------- ---------- ----------- ----------
Total 3,202 3,321 (3.6) 33,088 33,895 (2.4)
========== ========== =========== ==========

Preprint Pieces
---------------
L.A. Times 306,522 324,124 (5.4) 3,102,551 2,854,496 8.7
Chicago Tribune 302,913 297,810 1.7 3,258,710 3,081,558 5.7
Newsday 183,525 226,349 (18.9) 2,143,554 2,275,045 (5.8)
Other Dailies
(B) 320,055 328,881 (2.7) 3,300,069 3,290,140 0.3
---------- ---------- ----------- ----------
Total 1,113,015 1,177,164 (5.4) 11,804,884 11,501,239 2.6
========== ========== =========== ==========

(A) Volume for 2004 has been modified to conform with the 2005
presentation. Volume is based on preliminary internal data, which may
be updated in subsequent reports. Advertising volume is presented
only for daily newspapers.

(B) Other daily newspapers include The Baltimore Sun, South Florida Sun-
Sentinel, Orlando Sentinel, The Hartford Courant, The Morning Call,
Daily Press, The Advocate, Greenwich Time, Hoy, New York, Hoy,
Chicago and Hoy, Los Angeles.

Source: Tribune Company

CONTACT: Media Contact, Gary Weitman, +1-312-222-3394 (Office),
+1-312-222-1573 (Fax), gweitman@tribune.com ; or Investor Contact,
Ruthellyn Musil, +1-312-222-3787 (Office), +1-312-222-1573 (Fax),
rmusil@tribune.com , both of Tribune Company

Web site: http://www.tribune.com/

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