Scripps Declares Quarterly Dividend

Scripps Declares Quarterly Dividend

CINCINNATI, Aug. 7 /PRNewswire-FirstCall/ -- The board of directors of The E. W. Scripps Company (NYSE:SSP) has declared a quarterly dividend of 15 cents ($0.15) per share payable September 10 to shareholders of record at the close of business August 31.

The board of directors, which includes five new members who were elected at the June 13 shareholder meeting, established the current dividend consistent with the previously stated objective of returning approximately 50 percent of the company's expected free cash flow to shareholders in the form of dividends.

Forward-looking statements

This press release contains certain forward-looking statements related to the company's businesses that are based on management's current expectations. Forward-looking statements are subject to certain risks, trends and uncertainties, including changes in advertising demand and other economic conditions that could cause actual results to differ materially from the expectations expressed in forward-looking statements. All forward-looking statements should be evaluated with the understanding of their inherent uncertainty. The company's written policy on forward-looking statements can be found on page F-5 of its 2007 SEC Form 10K. We undertake no obligation to publicly update any forward-looking statements to reflect events or circumstances after the date the statement is made.

About Scripps

The E. W. Scripps Company (NYSE:SSP) is a diverse, 130-year-old media enterprise with interests in broadcast television stations, newspaper publishing, and licensing and syndication.

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Source: The E. W. Scripps Company

CONTACT: Tim King, The E. W. Scripps Company, +1-513-977-3732,
tim.king@scripps.com

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

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