The McClatchy Company (NYSE: MNI) today announced that it has priced its offering of $875 million aggregate principal amount of its 11.50% Senior Secured Notes due 2017 to qualified institutional buyers pursuant to Rule 144A under the Securities Act of 1933, as amended (the "Securities Act"), and outside the United States to non-U.S. persons pursuant to Regulation S under the Securities Act.  The offering is expected to close on February 11, 2010, subject to satisfaction of customary closing conditions.

The McClatchy Company (NYSE: MNI) announced today that it has amended (the "Amendment") its offer to purchase for cash (the "Offer") any and all of its outstanding 7.125% Notes due June 1, 2011 (the "2011 Notes"), which was previously announced on January 27, 2010. McClatchy has amended the Offer to increase the consideration paid for each $1,000 principal amount of 2011 Notes that are validly tendered (and not validly withdrawn) on or before 5:00 p.m., New York City time on February 9, 2010 (the "Early Tender Date"). The consideration to be paid for each $1,000 principal amount of 15.75% Senior Notes due 2014 (the "2014 Notes") that are validly tendered (and not validly withdrawn) was amended by Supplement No. 1 to the Offer to Purchase and Consent Solicitation Statement, dated February 3, 2010 and has not been changed pursuant to this Amendment.

The McClatchy Company (NYSE: MNI) announced today that it has amended (the "Amendment") its offer to purchase for cash (the "Offer") any and all of its outstanding 15.75% Senior Notes due 2014 (the "2014 Notes") and solicitation of consents relating to its outstanding 2014 Notes, which was previously announced on January 27, 2010. McClatchy has amended the Offer to increase the consideration paid for each $1,000 principal amount of 2014 Notes that are validly tendered (and not validly withdrawn) on or before 5:00 p.m., New York City time on February 9, 2010 (the "Consent Date") and have validly consented to the proposed amendments to the indenture (the "Proposed Amendments") pursuant to which the 2014 Notes were issued on or prior to the Consent Date. The consideration to be paid for each $1,000 principal amount of 7.125% Notes due June 1, 2011 (the "2011 Notes") that are validly tendered (and not validly withdrawn) has not been changed pursuant to this Amendment.

The McClatchy Company (NYSE: MNI) today reported net income from continuing operations in the fourth quarter of 2009 of $32.4 million, or 38 cents per share, compared to a loss of $20.4 million, or 25 cents per share, in the 2008 quarter. Adjusted earnings from continuing operations(1)  were $49.6 million, or 59 cents per share, in the fourth quarter of 2009 after excluding the unusual items discussed below, compared to $21.8 million, or 26 cents per share, reported in the fourth quarter of 2008.  Total net income including discontinued operations was $25.8 million, or 30 cents per share in the fourth quarter of 2009 compared to a net loss of $27.0 million, or 33 cents per share in the 2008 fourth quarter.

The McClatchy Company (NYSE: MNI) announced that lenders holding approximately 90% of the total commitments under the company's credit facility have consented to an amendment to the credit agreement that will permit the company to issue $875 million of senior secured refinancing debt to refinance a portion of its bank debt and certain of its existing public bonds maturing in 2011 and 2014, and to extend the remaining portion of the consenting banks' debt from June 27, 2011 to July 1, 2013.

The McClatchy Company (NYSE: MNI) announced today that it has commenced an offer to purchase for cash (the "Offer") any and all of its outstanding 7.125% notes due June 1, 2011 (the "2011 Notes") and 15.75% senior notes due 2014 (the "2014 Notes," and together with the 2011 Notes, the "Notes") and solicitation of consents relating to its outstanding 2014 Notes. The terms and conditions of the Offer are set forth in the Offer to Purchase and Consent Solicitation Statement dated January 27, 2010 (the "Offer to Purchase") and the related Consent and Letter of Transmittal (the "Letter of Transmittal"). The consideration offered for the Notes subject to the Offer is set forth in the following table:

The McClatchy Company (NYSE: MNI) today announced that it proposes to offer $875 million aggregate principal amount of senior notes, subject to market conditions and other factors.  The notes would be due in 2017 and are to be offered and sold to qualified institutional buyers pursuant to Rule 144A under the Securities Act of 1933, as amended (the "Securities Act"), and outside the United States to non-U.S. persons pursuant to Regulation S under the Securities Act.

The McClatchy Company (NYSE: MNI) announced today that management received a deposit of $6 million from the buyer of 10 acres of land adjacent to The Miami Herald to extend the deadline to close the sale to Jan. 31, 2011.

The McClatchy Company (NYSE: MNI) announced today that its fourth quarter earnings conference call will be accessible live to the media and general public via Internet webcast and through listen-only, dial-in conference lines.

The McClatchy Company (NYSE: MNI) announced today that the agreement to sell 10 acres of land adjacent to The Miami Herald has been extended to Jan. 19, 2010, in exchange for an increase in the termination fee from $6 million to $7 million should the buyer fail to close the transaction. The buyer, Citisquare Group, LLC, has the right to further extend the agreement to Jan. 31, 2011, upon payment to McClatchy of an additional $6 million nonrefundable deposit on or before Jan. 19, 2010. McClatchy previously received a $10 million nonrefundable deposit, which it used to repay debt. The buyer had until Dec. 31, 2009, to close the transaction pursuant to the terms of the existing purchase agreement.

The McClatchy Company (NYSE:MNI) today named Debra Kuykendall as president and publisher of the Merced Sun-Star in California.

The McClatchy Company (NYSE: MNI) management noted today that it expects a continuation of the improving advertising revenue trends that began in the third quarter of 2009. Advertising revenues in the fourth quarter are expected to be down in the low- to mid-20s percent range compared to down 28.1% in the third quarter and 30.2% in the second quarter.

The McClatchy Company (NYSE: MNI) will review its business and strategies in a presentation at the 37th Annual UBS Global Media & Communications Conference at the Grand Hyatt New York on Dec. 8, 2009, at 9 a.m., Eastern time.

The McClatchy Company (NYSE: MNI) announced today that it will expand its Sunday Select pre-print advertising program to five additional markets early next year: Modesto, Calif.; Fort Worth, Texas; Wichita, Kan.; Lexington, Ky.; and Myrtle Beach, S.C.

The McClatchy Company (NYSE: MNI) today reported net income from continuing operations in the third quarter of 2009 of $23.6 million, or 28 cents per share, compared to $4.2 million, or 5 cents per share, in the 2008 quarter. Adjusted earnings from continuing operations(1) were $11.0 million, or 13 cents per share, in the third quarter of 2009 after excluding the unusual items discussed below, compared to $10.4 million, or 13 cents per share, reported in the third quarter of 2008. The company noted that its adjusted earnings in the third quarter of 2009 were negatively impacted by a refinement to its projected annual tax rate. The Company's tax rate in the third quarter of 2009 was 61.8%.

The McClatchy Company (NYSE:MNI) today announced its presence on three social networks –- Facebook, Twitter and LinkedIn –- and will use these online outlets to share company news and information.

The McClatchy Company (NYSE: MNI) announced today that it will introduce a new, pre-print advertising program to four of its premium growth markets, matching national retailers with shoppers who want to receive their advertising information.

The McClatchy Company (NYSE: MNI) announced today that its third quarter earnings conference call will be accessible live to the media and general public via Internet webcast and through listen-only, dial-in conference lines.

The McClatchy Company (NYSE: MNI) reported that it has been notified by the New York Stock Exchange (NYSE) that the company is now in compliance with the exchange's continued listing standards for share price.

The McClatchy Company (NYSE:MNI) today named Glen Nardi as president and publisher of the Sun Herald in Biloxi, Miss.

The McClatchy Company (NYSE-MNI) today reported net income from continuing operations in the second quarter of 2009 of $42.0 million, or 50 cents per share - more than double the earnings per share in the second quarter of 2008. Adjusted earnings from continuing operations,(1) excluding several unusual items in the second quarter of 2009, were $25.2 million, or 30 cents per share, up 42.9% from the 2008 quarter. Total net income including discontinued operations was $42.2 million, or 50 cents per share.

The McClatchy Company (NYSE: MNI) announced today that its second quarter earnings conference call will be accessible live to the media and general public via Internet webcast and through listen-only, dial-in conference lines.

The McClatchy Company (NYSE: MNI) announced today that Lynn Dickerson, vice president, operations, will leave the company July 17.

The McClatchy Company (NYSE: MNI) announced today that Citisquare Group, LLC, the buyer of the 10 acres of land adjacent to The Miami Herald, has exercised its option to extend the date for closing from June 30, 2009, to a date on or before December 31, 2009, pursuant to the terms of the existing purchase agreement.

The McClatchy Company (NYSE: MNI) ("McClatchy" and the "Company") announced today the expiration and results of its private exchange offer (the "Exchange Offer") for its 7.125% Notes due 2011 (the "2011 Notes") (CUSIP No. 499040AM5), its 4.625% Notes due 2014 (the "2014 Notes") (CUSIP No. 499040AN3), its 5.750% Notes due 2017 (the "2017 Notes") (CUSIP No. 499040AP8), its 7.150% Debentures due 2027 (the "2027 Debentures") (CUSIP No. 499040AH6) and its 6.875% Debentures due 2029 (CUSIP No. 499040AL7)(the "2029 Debentures" and collectively, with the 2011 Notes, 2014 Notes, 2017 Notes and 2027 Debentures, the "Old Notes"). The expiration for the Exchange Offer occurred at 5:00 p.m., New York City time, on June 25, 2009 (the "Expiration Date"). The settlement date of the Exchange Offer is expected to be today.

The McClatchy Company (NYSE: MNI and the "Company") announced today that it is amending the terms of its previously announced private exchange offer (the "Exchange Offer") for its 7.125% Notes due 2011 (the "2011 Notes"), its 4.625% Notes due 2014 (the "2014 Notes"), its 5.750% Notes due 2017 (the "2017 Notes"), its 7.150% Debentures due 2027 (the "2027 Debentures") and its 6.875% Debentures due 2029 (the "2029 Debentures" and collectively, with the 2011 Notes, 2014 Notes, 2017 Notes and 2027 Debentures, the "Old Notes").

The McClatchy Company (NYSE: MNI) reported that it has been notified by the New York Stock Exchange (NYSE) that the company is now in compliance with the exchange's continued listing standard for total market capitalization and stockholders' equity.

The McClatchy Company (NYSE: MNI; and the "Company") announced today that it is commencing a private exchange offer ("the Exchange Offer") to exchange its outstanding notes and debentures as set forth in the table below (collectively the "Old Securities") for a combination of cash and new debt securities. The exchange offer is being made only to qualified institutional buyers inside the United States and to certain non-U.S. investors located outside the United States. The purpose of these private exchange offers is to reduce indebtedness and improve the financial flexibility of the Company.

The McClatchy Company (NYSE: MNI) announced that yesterday it entered into an amendment to its $1.150 billion bank credit facility which, among other things, allows it to use its revolving credit facility for up to $60 million to repurchase its 7.125% Notes due June 1, 2011 or its 4.625% Notes due November 1, 2014, subject to certain conditions. The cash may also be used in connection with a debt exchange offer so long as any new notes issued in such an offer have a stated maturity of no earlier than July 1, 2014. As of May 20, 2009, McClatchy had $140.8 million available under its credit facilities. McClatchy today separately announced a private exchange offer to exchange certain outstanding notes and debentures for a combination of cash and new debt securities.

The McClatchy Company (NYSE-MNI) reported that on April 14, 2009, it was notified by the New York Stock Exchange (NYSE) that it is not in compliance with the exchange's continued listing standard for total market capitalization and shareholders’ equity. NYSE continued listing standards applicable to the company include average market capitalization of no less than $75 million over a 30-trading-day period and stockholders’ equity of no less than $75 million.

The McClatchy Company (NYSE:MNI) today named veteran newspaper executive George Le Masurier as president and publisher of The Olympian in Olympia, Wash. He replaces John Winn Miller, who resigned in January.

The McClatchy Company (NYSE: MNI) today provided additional details about its previously announced restructuring plan.

The McClatchy Company (NYSE:MNI) today named Susan D. Leath as president and publisher of the Centre Daily Times in State College, Pa.

The McClatchy Company (NYSE: MNI) today reported that it filed its Annual Report on Form 10-K for the year ended December 28, 2008 (the Report) with the Securities and Exchange Commission (SEC), which includes its final fourth quarter and full year 2008 results.

Robust public service reporting that shined a spotlight on wrongdoing and government failures topped the eight winners of McClatchy's President's Awards for the second half of 2008.

The McClatchy Company (NYSE: MNI) today reported a net loss from continuing operations in the fourth quarter of 2008 of $20.4 million, or 25 cents per share, including a pre-tax non-cash impairment charge of $59.6 million related to newspaper mastheads. Adjusted earnings from continuing operations(1) were $21.8 million, or 26 cents per share, in the fourth quarter of 2008 after excluding several unusual items discussed below. Total net loss including discontinued operations was $21.7 million, or 26 cents per share in the 2008 fourth quarter.

The McClatchy Company (NYSE: MNI) today declared a quarterly cash dividend of $.09 (nine cents) per share payable April 1, 2009 to stockholders of record at the close of business on March 11, 2009. McClatchy said it will suspend its quarterly dividend after paying the first quarter 2009 dividend for the foreseeable future in order to preserve cash for debt repayment. The first quarter 2009 dividend of nine cents per share is half the per share dividend paid in the 2008 first quarter.

The McClatchy Company (NYSE: MNI) announced today that its fourth quarter 2008 earnings conference call will be accessible live to the media and general public via internet webcast and through listen-only, dial-in conference lines.

The McClatchy Company (NYSE:MNI) today named Eric E. Johnston as president and publisher of The Modesto Bee in California.

The McClatchy Company (NYSE: MNI) announced today that it has extended the closing date of its agreement to sell 10 acres of land adjacent to The Miami Herald in order to allow the buyer additional time to arrange financing in this difficult credit environment.

The McClatchy Company (NYSE: MNI) today reported that consolidated revenues in November 2008 decreased 19.4% and advertising revenues were down 22.4% compared to revenues in November 2007. The Company noted that the declines in print advertising were partially offset by a 7.5% gain in online advertising revenues in November 2008 compared to November 2007. For the first eleven months of the year, total revenues declined 15.9% and advertising revenues declined 17.8%. Online advertising grew 10.6% in the first eleven months of 2008.

Howard Weaver, the vice president of news at The McClatchy Company (NYSE: MNI) who twice led the Anchorage Daily News to Pulitzer Prize gold medals for public service, has announced his retirement at the end of the year.

The McClatchy Company (NYSE: MNI) will review its business and strategies in a presentation at the 36th Annual UBS Global Media & Communications Conference at the Grand Hyatt New York on December 9, 2008 at 10:30 a.m. The company's presentation will be webcast live on its site, http://www.mcclatchy.com, and on http://www.ibb.ubs.com/. McClatchy's presentations via webcast will continue to be archived at its web site for future reference.

The McClatchy Company (NYSE: MNI) today declared a regular quarterly cash dividend of $.09 (nine cents) per share payable January 2, 2009 to stockholders of record at the close of business on December 15, 2008.

SACRAMENTO, Calif., Dec. 1, 2008 -- Today, the Christian Science Monitor and The McClatchy Company (NYSE:MNI) are initiating a content-sharing agreement that will offer print and online readers of the Monitor and of McClatchy's 30 daily newspapers more timely, top-notch foreign reporting.

The McClatchy Company (NYSE: MNI) today reported that consolidated revenues in October 2008 decreased 17.8% and advertising revenues were down 20.4% compared to revenues in October 2007. The Company noted that the declines in print advertising were partially offset by a 12.4% gain in online advertising revenues in October 2008 compared to October 2007. For the first ten months of the year, total revenues declined 15.5% and advertising revenues declined 17.4%. Online advertising grew 10.9% in the first ten months of 2008.

The McClatchy Company (NYSE: MNI) today reported net income from continuing operations in the third quarter of 2008 of $4.2 million, or five cents per share. Adjusted earnings from continuing operations(1) were $10.4 million, or 13 cents per share, in the third quarter of 2008 after excluding the unusual items discussed below. The company's total net income including discontinued operations was $4.2 million or five cents per share.

The McClatchy Company (NYSE: MNI) announced today that its third quarter earnings conference call will be accessible live to the media and general public via Internet webcast and through listen-only, dial-in conference lines.

SACRAMENTO, Calif., Sept. 30, 2008 -- The McClatchy Company (NYSE: MNI) today named Bruce G. Ray as president and publisher of The Tribune in San Luis Obispo, Calif.

SACRAMENTO, Calif., Sept. 29, 2008 -- The McClatchy Company (NYSE:MNI) today named Robert G. Turner Jr. as president and publisher of the Bradenton Herald in Florida.