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Tribune Increases Dividend
to $.12 per Quarter
Board elects Ruthellyn
Musil as senior vice president/corporate relations
CHICAGO, February 11, 2004 --
Tribune Company’s board of
directors voted yesterday to increase the company’s
regular quarterly dividend from $.11 to $.12. The dividend
is payable on Mar. 11, 2004, to shareholders of record at
the close of business Feb. 26, 2004.
In other business at its regularly scheduled
meeting, the board elected Ruthellyn Musil as senior vice
president/corporate relations, effective immediately. Musil
is the company’s senior communications executive, and
serves as its spokesperson on investor relations issues. She
is responsible for Tribune’s internal and external communications,
and has been vice president/corporate relations since 1995.
“Ruthellyn is a talented and valued spokesperson
for the company, and has earned the trust and confidence of
our investors, our employees and the public,” said Dennis
FitzSimons, Tribune chairman, president and chief executive
officer.
Musil joined Chicago Tribune Company in 1971, where she served
as public relations manager and director/employee communications.
A Chicago-area native, Musil holds a bachelor’s degree
in English from Loyola University and a master’s degree
in business administration from Northwestern University’s
Kellogg School of Management.
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TRIBUNE (NYSE:
TRB) is one of the country's premier media companies,
operating businesses in broadcasting and publishing. It reaches
more than 80 percent of U.S. households and is the only media
organization with television stations, newspapers and websites
in the nation's top three markets. In publishing, Tribune
operates 14 leading daily newspapers including the Los
Angeles Times , Chicago Tribune, Newsday
and Spanish-language Hoy , plus a wide range
of targeted publications. The company's broadcasting group
operates 26 television stations; Superstation WGN on national
cable; WGN-AM in Chicago; 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.
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