The McClatchy Company (NYSE: MNI) today announced that the preliminary results for its previously announced tender offer for up to $250,000,000 aggregate principal amount of its debt securities specified in the Offer to Purchase dated April 23, 2008 (the "Offer to Purchase") and amendments to the terms of such tender offer. The amendments to the tender offer increase the Aggregate Maximum Tender Amount (as defined in the Offer to Purchase) of the debt securities subject to the tender offer from $250,000,000 to $300,000,000 and the Maximum Tender Amount (as defined in the Offer to Purchase) applicable to the 7.125% Notes due June 1, 2011(CUSIP 499040AM5) subject to the tender offer from $100,000,000 to $130,000,000. All other terms and conditions of the tender offer remain unchanged. The full terms and conditions of the tender offer are set forth in the Offer to Purchase and related Letter of Transmittal, as amended by this press release.

The McClatchy Company (NYSE: MNI) announced today that it has commenced an offer to purchase for cash (the "Offer") up to $250 million of its outstanding notes and debentures. The terms and conditions of the Offer are set forth in the Offer to Purchase dated April 23, 2008 (the "Offer to Purchase") and the related Letter of Transmittal (the "Letter of Transmittal"). The following table sets forth the securities that are subject to the Offer and certain other terms of the Offer:

The McClatchy Company (NYSE: MNI) today reported a net loss from continuing operations in the first quarter of 2008 of $993,000, or one cent per share. Adjusted for two items, (1) earnings from continuing operations were $1.6 million or two cents in the first quarter of 2008. Total net loss, including discontinued operations, was $849,000 or one cent per share.

The McClatchy Company (NYSE: MNI) announced today that its first 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.

Janis Heaphy, president and publisher of The Sacramento Bee for the past 10 years, has announced her retirement and will be replaced in that post by Cheryl Dell, president and publisher of The News Tribune in Tacoma, Wash., The McClatchy Company (NYSE: MNI) has announced. The change is effective April 14.

The McClatchy Company (NYSE: MNI) today reported that consolidated revenues in February 2008 decreased 11.7% and advertising revenues were down 13.3% compared to revenues in February 2007.

Journalists from The McClatchy Company (NYSE: MNI) today won three National Journalism Awards from the Scripps Howard Foundation, which cited them for excellence in Washington reporting, human interest writing and commentary.

The McClatchy Company (NYSE: MNI) today named Mark Zieman president and publisher of The Kansas City Star.

The McClatchy Company (NYSE: MNI) today reported that it filed its Annual Report on Form 10-K for the year ended December 30, 2007 (the Report) with the Securities and Exchange Commission (SEC), which includes its final fourth quarter and full year 2007 results. The company's fourth quarter 2007 after-tax loss from continuing operations was $1.43 billion, or $17.42 per share including the effect of non-cash after-tax impairment charges related to goodwill and newspaper mastheads of $1.47 billion, or $17.86 per share. The company's total net loss, including the results of discontinued operations, was $1.43 billion, or $17.46 per share.

The McClatchy Company (NYSE: MNI) today reported that consolidated revenues in January 2008 decreased 14.4% and advertising revenues were down 15.7% compared to revenues in January 2007.

The McClatchy Company (NYSE: MNI) today reported preliminary income from continuing operations in the fourth quarter of 2007 of $33.2 million, or 40 cents per share compared to fourth quarter 2006 income from continuing operations of $76.9 million, or 94 cents per share. The company's preliminary 2007 fourth quarter results include income tax expense of $7.5 million, or nine cents per share, related to changes in prior period estimates. Total preliminary net income in the 2007 fourth quarter was $30.1 million or 37 cents per share. Preliminary results do not include an anticipated non-cash charge for impairment of goodwill and long-lived assets discussed below.

SACRAMENTO, Calif., Feb. 5, 2008 -- The McClatchy Washington Bureau won two McClatchy President’s Awards for work in the second half of 2007, and seven of the company’s newspapers also were honored with prizes announced this week in Sacramento.

The McClatchy Company (NYSE: MNI) today named George McCanless as president and publisher of The Telegraph in Macon, Ga.

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) today declared a regular quarterly cash dividend of $.18 cents per share. The first quarter dividend is payable April 1, 2008 to stockholders of record at the close of business on March 12, 2008.

The Real Cities Network further deepened its penetration in the Philadelphia and Pittsburgh markets with the addition of three Calkins Media sites, it was announced today. A corporate partnership between the two companies brings PhillyBurbs.com, TimesOnline.com and HeraldStandard.com into the network.

SACRAMENTO, Calif., Jan. 18 -- The McClatchy Company (NYSE: MNI) today reported that it has entered into an agreement, along with the other general partners of SP Newsprint Co. ("SP"), to sell the partnership interests of SP to certain affiliates of White Birch Paper Company for $350 million in cash. McClatchy is an equal one-third partner in SP along with affiliates of Cox Enterprises, Inc. and Media General, Inc. The acquisition is expected to close during the first four months of 2008, subject to regulatory approval.

The McClatchy Company (NYSE: MNI) today announced that Jennifer Brumgardt, vice president, finance, at The Fresno Bee, will become director of McClatchy's internal audit department effective Feb. 11. She replaces Hai Nguyen, who has been promoted to controller.

The McClatchy Company (NYSE: MNI) today named Pamela J. (P.J.) Browning as president and publisher of The Sun News in Myrtle Beach, S.C.

The McClatchy Company (NYSE: MNI) today reported that both consolidated advertising and total revenues in November 2007 decreased 9.2%. Year-to-date advertising revenues declined 8.6% and total revenues were down 7.9% on a pro forma basis -- that is including the addition of newspapers purchased in the Knight Ridder acquisition on June 27, 2006 and excluding the Minneapolis Star Tribune newspaper which was sold on March 5, 2007.

The McClatchy Company (NYSE: MNI) today named veteran newspaper executive J. Patrick Doyle as president and publisher of the Anchorage Daily News, where he will replace retiring publisher Mike Sexton. Doyle is currently president and publisher of The Palladium-Item of Richmond, Ind., owned by the Gannett Co., Inc.

The McClatchy Company (NYSE: MNI) will give an update of the company's business trends and strategies at 11:00 am Eastern today at the UBS 35th Annual Global Media & Communications Conference at the Grand Hyatt New York, in New York city.

The McClatchy Company (NYSE: MNI) today announced that Hai Nguyen, the company's internal audit director, will become the controller effective Feb. 29, 2008. He is replacing Larry Edgar, who announced plans in September to become managing partner of Edgar & Associates, a family-owned business. A search for Nguyen's successor as internal audit director will begin immediately.

The McClatchy Company (NYSE: MNI) today declared a regular quarterly cash dividend of 18 cents per share. The fourth quarter dividend is payable January 2, 2008 to stockholders of record at the close of business on December 12, 2007.

SACRAMENTO, Calif., Nov. 28, 2007 -- Six newspapers have been awarded 2007 McClatchy President's Awards in the community newspaper division, an annual competition designed to recognize the best journalism among the company’s non-daily newspapers. Each first-place winner receives $1,000, and the winning publication receives a crystal trophy. Second-place winners receive $500.

SACRAMENTO, Calif., Nov. 20 -- The McClatchy Company (NYSE: MNI) today reported that both consolidated advertising and total revenues in October 2007 decreased 9.9%. Year-to-date advertising revenues declined 8.5% and total revenues were down 7.8% on a pro forma basis -- that is including the addition of newspapers purchased in the Knight Ridder acquisition on June 27, 2006 and excluding the Minneapolis Star Tribune newspaper which was sold on March 5, 2007.

SACRAMENTO, Calif., Nov. 8 -- The McClatchy Company (NYSE: MNI) today reported that it filed its Quarterly Report on Form 10-Q for the quarter ended September 30, 2007 (the Report) with the Securities Exchange Commission (SEC), which includes its final third quarter 2007 results. The company's third quarter 2007 after-tax loss from continuing operations was $1.35 billion, or $16.40 per share including the effect of non-cash after-tax impairment charges primarily related to goodwill and newspaper mastheads of $1.37 billion, or $16.68 per share. Earnings before the charges were unchanged from the $23.5 million, or 29 cents per share, previously reported on October 16, 2007.

SACRAMENTO, Calif., Nov. 7 - The McClatchy Company (NYSE: MNI) today named three new publishers at its newspapers in Wichita, Kan., Columbus, Ga., and Rock Hill, S.C.

SACRAMENTO, Calif., Nov. 5 - Wesley R. Turner, president and publisher of the Fort Worth Star-Telegram in Texas for the past 10 years, has announced his retirement at the end of the year.

RALEIGH, N.C., Oct. 22 - The Real Cities Network (http://www.realcities.com) announced today the addition of award-winning SpokesmanReview.com to its rapidly growing network of local news websites. With the addition of SpokesmanReview.com, the Real Cities Network continues to build on its local penetration in the Inland Northwest, specifically in the greater Spokane, Wash., region.

SACRAMENTO, Calif., Oct. 16 - The McClatchy Company (NYSE: MNI) noted that the depreciation and amortization expense reported in its pro forma operating income for the nine months ended September 24, 2006 was reported as $117.1 million and should have been reported as $110.7 million. Revised schedules reconciling the pro forma amounts to GAAP -- reported amounts are attached to this release and are posted on our website at http://www.mcclatchy.com.

Expects to Record Non-Cash Impairment Charge to GAAP EarningsSACRAMENTO, Calif., Oct. 16 - The McClatchy Company (NYSE: MNI) today reported preliminary earnings from continuing operations in the third quarter of 2007 of $23.5 million, or 29 cents per share. Preliminary earnings do not include an anticipated non-cash charge to GAAP earnings for impairment of goodwill and long-lived assets discussed below, but do include a three cent per share charge related to certain tax positions taken by the company for which it has established reserves.

SACRAMENTO, Calif., Sept. 24 - 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. 19 - The McClatchy Company (NYSE: MNI) today reported that consolidated advertising revenues in August 2007 decreased 9.2% and total revenues were down 8.4%. Year-to-date advertising revenues declined 8.0% and total revenues were down 7.1% on a pro forma basis (including the addition of newspapers purchased in the Knight Ridder acquisition and excluding the Minneapolis Star Tribune newspaper in the first six months of 2006).

SACRAMENTO, Calif., Sept. 14 - The McClatchy Company (NYSE: MNI) today announced that Larry Edgar, controller, has resigned effective February 29, 2008 to become managing partner of Edgar & Associates, a family-owned business that provides tax and accounting services. A search for Mr. Edgar's replacement will begin immediately.

RALEIGH, N.C., Sept. 4 -- The Real Cities Network (http://www.realcities.com), the nation's largest network of local news websites, has expanded its network with the addition of 51 websites owned and operated by MediaNews Group (http://www.medianewsgroup.com), the fourth-largest newspaper company in the United States. MediaNews Group operates 82 local newspaper websites nationwide, and these latest additions complement the 31 MediaNews Group websites already in the Real Cities Network.

SACRAMENTO, Calif., Sept. 4 - The McClatchy Company (NYSE: MNI) today reported that it has resolved outstanding issues related to its affiliate agreement with CareerBuilder and will continue in its 14.4% ownership stake in the nation's largest online job site.

SACRAMENTO, Calif., Aug. 20 - The McClatchy Company (NYSE: MNI) today reported that consolidated advertising revenues in July 2007 decreased 9.4% and total revenues were down 8.6%. Year-to-date advertising revenues declined 7.9% and total revenues were down 7.0% on a pro forma basis (including the addition of newspapers purchased in the Knight Ridder acquisition and excluding the Minneapolis Star Tribune newspaper in the first six months of 2006).

SACRAMENTO, Calif., Aug. 10 - The McClatchy Company (NYSE: MNI) today reported that it filed its Quarterly Report on Form 10-Q for the quarter ended July 1, 2007 (the Report) with the Securities Exchange Commission. In the company's Report, earnings for the second quarter of 2007 include the effect of an after-tax non-cash loss of $4.7 million, or six cents per share, related to the settlement of litigation and amendment to a Joint Operating Agreement expected to be paid by the Seattle Times Company (STC) in which McClatchy is a 49.5% owner. The resolution of the accounting treatment for this settlement was concluded subsequent to the company's preliminary earnings announcement on July 19, 2007.

SACRAMENTO, Calif., Aug. 8, 2007 -- The Anchorage Daily News won two McClatchy President’s Awards for work in the first half of 2007, and seven other entries were honored with prizes announced this week in Sacramento.

RALEIGH, N.C., July 25 -- Advertisers now have an easier way to reach the desirable demographic of newspaper website readers locally, regionally and nationally through one-order, one-bill and one-cost-per-thousand impressions.

SACRAMENTO, Calif., July 19 /PRNewswire-FirstCall/ -- The McClatchy Company (NYSE: MNI) today reported second quarter 2007 earnings from continuing operations of $39.2 million, or 48 cents per share, subject to final resolution of the accounting treatment of The Seattle Times settlement discussed below. Earnings from continuing operations in the second quarter of 2006 were $32.2 million, or 69 cents per share. The company's total net income for the 2007 quarter was $40.0 million, or 49 cents per share, compared to total net income of $44.1 million, or 94 cents per share, in the 2006 second quarter. Discontinued operations reflect the results of the (Minneapolis) Star Tribune newspaper which was sold on March 5, 2007. As a result of the acquisition of Knight Ridder on June 27, 2006 (the "Acquisition"), the company issued 35.0 million Class A shares which negatively impacted earnings per share for the 2007 quarter.

SACRAMENTO, Calif., July 18 - The McClatchy Company (NYSE: MNI) today declared a regular quarterly cash dividend of 18 cents per share. The third quarter dividend is payable October 1, 2007 to stockholders of record at the close of business on September 12, 2007.

SACRAMENTO, Calif., July 2 - 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.

SACRAMENTO, Calif., June 20 - The McClatchy Company (NYSE: MNI) today reported that consolidated advertising revenues in May 2007 decreased 11.5% and total revenues were down 10.4% compared to pro forma revenues for May 2006 (including the addition of newspapers purchased in the Knight Ridder acquisition and excluding the Minneapolis Star Tribune newspaper). Year-to-date advertising revenues declined 7.1% and total revenues were down 6.2% on a pro forma basis.

SACRAMENTO, Calif., June 6 - The McClatchy Company (NYSE: MNI) said today that on Wednesday, June 20, 2007, management will provide an update on its business and strategies at the Mid-Year Media Review, an analyst forum which includes various media companies around the nation. The conference is sponsored by the Newspaper Association of America and will be held at the McGraw-Hill Building in New York City. McClatchy's presentation will begin at 10:00 A.M. Eastern time and will be available to the media and general public via live Internet webcast.

SACRAMENTO, Calif., May 21 /PRNewswire-FirstCall/ -- The McClatchy Company (NYSE: MNI) today reported that consolidated advertising revenues in April 2007 decreased 7.6% and total revenues were down 5.5% compared to pro forma revenues (including the addition of newspapers purchased in the Knight Ridder acquisition and excluding the Minneapolis Star Tribune newspaper). Year-to-date advertising revenues declined 6.0% and total revenues were down 5.1% on a pro forma basis.

SACRAMENTO, Calif., May 16 - The McClatchy Company (NYSE: MNI) today declared a regular quarterly cash dividend of 18 cents per share. The second quarter dividend is payable July 2, 2007 to stockholders of record at the close of business on June 13, 2007.

SACRAMENTO, Calif., April 24 /PRNewswire-FirstCall/ -- The McClatchy Company (NYSE: MNI) today reported first quarter 2007 earnings from continuing operations of $14.5 million, or 18 cents per share, compared to earnings from continuing operations of $21.8 million, or 46 cents per share, in the first quarter of 2006. A loss from discontinued operations of $5.5 million, or 7 cents per share, reflects the results of the (Minneapolis) Star Tribune newspaper which was sold on March 5, 2007. The company's total net income for the 2007 quarter was $9.0 million, or 11 cents per share, compared to total net income of $27.7 million, or 59 cents per share, in the 2006 first quarter. As a result of the acquisition of Knight Ridder on June 27, 2006 (the "Acquisition"), the company issued 35.0 million Class A shares which negatively impacted earnings per share for the 2007 quarter.

SUNNYVALE, CA, April, 16, 2007 -- Yahoo! Inc (Nasdaq: YHOO) and a group of 12 leading U.S. newspaper companies today announced a definitive agreement that expands a growing partnership combining the newspapers’ unmatched local news and advertising reach with the leading technologies and audience of Yahoo!, the leading global Internet brand and one of the most trafficked Internet destinations worldwide.