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Media Contact:
Gary Weitman
gweitman@tribune.com
312/222-3394

   
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Investor Contact:
Ruthellyn Musil
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312/222-3787


Tribune to Release Fourth Quarter and 2002 Year-End Earnings on January 29

CHICAGO, January 3, 2003 -- Tribune Company (NYSE:TRB) announced today that it will release fourth quarter and year-end 2002 earnings on Wed., Jan. 29, before the market opens. A conference call to discuss the results will be held that day at 8 a.m. CT. The full text of the earnings announcement and accompanying financial tables will be available on Tribune’s Web site, www.tribune.com.

To gain access to the call, dial 877/847-0401 (domestic) or 706/679-5349 (international) at least 10 minutes prior to the scheduled 8 a.m. start. Replays of the conference call will be available Jan. 29 through Feb. 5. To hear the replay, dial 800/642-1687 (domestic) or 706/645-9291 (international). The access code for the replay is 7425345.

The live Webcast will be accessible through www.tribune.com and through CCBN at www.ccbn.com. An archive of the Webcast will be available Jan. 29 through Feb. 5.

Salomon Smith Barney Conference

Tim Landon, Tribune Classified Services president, will represent the company in a panel discussion at the Salomon Smith Barney Entertainment, Media and Telecommunications Conference on Tues., Jan. 7, in La Quinta, Calif. The panel, Newspapers and Online Recruitment, commences at 8:45 a.m. PT (10:45 a.m. CT, 11:45 a.m. ET) and will be Webcast live via the Internet at www.tribune.com.

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TRIBUNE (NYSE: TRB) is one of the country’s premier media companies, operating businesses in publishing, broadcasting and on the Internet. It reaches more than 80 percent of U.S. households, and is the only media company with newspapers, television stations and Web sites in the nation’s top three markets. In publishing, Tribune operates 12 market-leading daily newspapers such as the Los Angeles Times, Chicago Tribune and Newsday plus a wide range of targeted publications including Spanish-language newspapers. In broadcasting, Tribune properties include 24 television stations and Superstation WGN on national cable. The acquisition of two additional stations, KPLR-TV, St. Louis, and KWPB-TV, Portland, Ore., will be completed in early 2003, pending regulatory approvals. These publishing and broadcasting interests are complemented by high-traffic news and information Web sites in 18 of the nation’s top 30 markets.

   
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