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Wednesday, July 19, 2006

Tribune Declares Quarterly Dividend

07-19-06 05:06 PM EST

CHICAGO, July 19 /PRNewswire-FirstCall/ -- Tribune Company's board of directors today declared a regular quarterly dividend of $.18 per share on common stock payable on Sept. 14, 2006, to shareholders of record at the close of business Aug. 31, 2006. The board took the action at today's regularly scheduled meeting.

In other business, the board elected Darko Dejanovic as senior vice president/chief technology officer for Tribune Company and Tribune Publishing. Dejanovic has served as vice president/chief technology officer for the company and for Tribune Publishing since 2004. He served as vice president/chief technology officer for Chicago Tribune from 1999 to 2004.

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. 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.

SOURCE Tribune Company

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