Tribune Company Statement on Federal Communications Commission Proposal

Tribune Company Statement on Federal Communications Commission Proposal

CHICAGO, Nov. 28 /PRNewswire-FirstCall/ -- Tribune Company (NYSE:TRB) Chairman, President and Chief Executive Officer Dennis FitzSimons today issued the following statement:

"We are pleased with Chairman Martin's proposal which, if approved, will enable Tribune's going private transaction to close by the end of the year. This will allow Tribune's local media outlets to continue their commitment to outstanding journalism and service to our readers, viewers, listeners and advertisers."

TRIBUNE (NYSE:TRB) is one of the country's top media companies, operating businesses in publishing, interactive 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's leading daily newspapers include the Los Angeles Times, Chicago Tribune, Newsday (Long Island, N.Y.), The Sun (Baltimore), South Florida Sun-Sentinel, Orlando Sentinel and Hartford Courant. The company's broadcasting group operates 23 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.

First Call Analyst:
FCMN Contact: jreiter@tribune.com

Source: Tribune Company

CONTACT: Gay Weitman, VP-Corporate Communications of Tribune Company,
+1-312-222-3394, gweitman@tribune.com

Web site:

http://www.tribune.com/

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