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Tribune Announces Special Shareholder
Meeting
CHICAGO,
July 2, 2007 -- Tribune Company
(NYSE:TRB) today announced that
a special shareholders meeting will be held on Tuesday, August
21, to consider approval of the merger agreement entered into
in connection with the company’s previously announced
going-private transaction. Shareholders of record at the close
of business on July 12, 2007, will be entitled to vote at the
meeting.
The special meeting will be held in Chicago, Illinois. The
exact time and location of the meeting will be announced
in the definitive proxy materials for the meeting, which
will be filed with the Securities and Exchange Commission
and sent to shareholders of record later this month.
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Important Additional Information Regarding the Merger will
be filed with the SEC:
In connection with the proposed
merger between a wholly-owned subsidiary of the Tribune
Employee Stock Ownership Trust and Tribune Company, Tribune
filed a preliminary proxy statement with the Securities
and Exchange Commission (the “SEC”)
on June 1, 2007. BEFORE MAKING ANY VOTING DECISION WITH RESPECT
TO THE PROPOSED MERGER, INVESTORS AND SECURITY HOLDERS ARE
URGED TO READ THE PRELIMINARY PROXY STATEMENT FILED WITH
THE SEC ON JUNE 1, 2007 AND THE DEFINITIVE PROXY STATEMENT
WHEN IT BECOMES AVAILABLE, BECAUSE THEY CONTAIN, OR WILL
CONTAIN, IMPORTANT INFORMATION. Investors and security holders
may obtain a free copy of the preliminary proxy statement
and the definitive proxy statement (when available) and other
documents filed by the Company with the SEC at the SEC’s
website at http://www.sec.gov. The preliminary proxy statement
and the definitive proxy statement (when available) and other
relevant documents may also be obtained free of charge on
Tribune’s website at www.tribune.com or by directing
a request to Tribune Company, 435 North Michigan Avenue,
Chicago, IL 60611, Attention: Investor Relations. You may
also read and copy any reports, statements and other information
filed by Tribune with the SEC at the SEC public reference
room at 450 Fifth Street, N.W. Room 1200, Washington, D.C.
20549. Please call the SEC at 1-800-SEC-0330 or visit the
SEC’s website for further information on its public
reference room.
The Company and its directors
and executive officers may be deemed to be “participants” in the solicitation
of proxies from the shareholders of the Company in connection
with the proposed merger. Information about Tribune and its
directors and executive officers and their ownership of Tribune
common stock is set forth in the proxy statement for Tribune's
Annual Meeting of Shareholders, which was filed with the
SEC on April 6, 2007. Shareholders and investors may obtain
additional information regarding the interests of the Company
and its directors and executive officers in the merger, which
may be different than those of the Company’s shareholders
generally, by reading the preliminary proxy statement filed
with the SEC on June 1, 2007 and the definitive proxy statement
(when available) and other relevant documents regarding the
merger that are filed with the SEC.
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TRIBUNE (NYSE: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. |