Tribune Company to Voluntarily Delist from NYSE Arca

Tribune Company to Voluntarily Delist from NYSE Arca, Formerly Known as the Pacific Exchange

Retains New York Stock Exchange Listing

CHICAGO, Dec 29, 2006 -- Tribune Company (TRB) announced that it will voluntarily withdraw the listing of its common stock from NYSE Arca, Inc., formerly the Pacific Stock Exchange, Inc. The decision to withdraw the listing from NYSE Arca will eliminate costs and duplicative administrative requirements. Tribune's common stock will continue to be listed on the New York Stock Exchange and the Chicago Stock Exchange. NYSE Arca will continue trading Tribune common stock on an unlisted trading privilege basis.

TRIBUNE (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.

SOURCE Tribune Company