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

   
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312/222-3787


Tribune Declares Quarterly Dividend, Sets Annual Meeting Date

CHICAGO, October 20, 2004  -- Tribune Company’s board of directors today declared a regular quarterly dividend of $.12 per share of common stock payable on Dec. 8, 2004, to shareholders of record at the close of business Nov. 24, 2004.

The board also set Tribune’s next annual meeting date for Wednesday, May 18, 2005, at
11 a.m., Central Time. The meeting will be held at the Swissôtel, 323 East Wacker Drive, Chicago, Ill.

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TRIBUNE (NYSE: TRB) is one of the country’s top 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, 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.

   
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