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Friday, March 31, 2006

And the CEO of Tribune Remains

"We're going to operate our way out of this," Tribune Chairman and Chief Executive Dennis J. FitzSimons says.

With the Tribune stock losing eighteen percent of it's value over the last two weeks, we are simply going to operate out of this slump? The employees of the Tribune Corporation want to hear something a bit more solid than simply operating out of this downward trend.

I have been waiting for a bulletin from Chicago on a detailed plan to bring the company value back to where it belongs, I want clarity, a goal. At the rate we are going, the stock will be in the low 20's before long.

How many more employees will lose their jobs at Tribune properties, how many more production facilities will be closed? As an employee and stock holder, I'm seeking out answers from our CEO, on the direction he plans to take our company to improve earnings.

Concerned employee,
Edward

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