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McClatchy Reports July 2006 Revenues

McClatchy Reports July 2006 Revenues
Released 08/17/2006

The McClatchy Company (NYSE: MNI) today reported that consolidated advertising revenues in July 2006 were flat with July 2005 and total revenues were down 1.3% compared to pro forma revenues (including the addition of newspapers purchased in the Knight Ridder acquisition). Year-to-date pro forma advertising revenues grew 1.5% and total pro forma revenues were up 0.4%.

Advertising revenue performance at the Company's newspapers is summarized in McClatchy's statistical report that follows.

The McClatchy Company is the second-largest newspaper company in the United States, with 32 daily newspapers and approximately 50 non- dailies. McClatchy-owned newspapers include the (Minneapolis) Star Tribune, The Miami Herald, The Sacramento Bee, the Fort Worth Star- Telegram, The Kansas City Star, The Charlotte Observer, and The (Raleigh) News & Observer. In addition, McClatchy has a robust network of valuable internet assets, including leading local websites in each of its daily newspaper markets, offering readers information, comprehensive news, advertising, e-commerce and other services. The company also owns and operates McClatchy Interactive, an interactive operation that provides websites with content, publishing tools and software development; Real Cities (http://www.RealCities.com), the largest national network of city and regional web sites, operating in more than 110 U.S. markets, and is part owner of CareerBuilder, the nation's largest online classified employment listing service. McClatchy also owns 25 percent of Classified Ventures, a newspaper industry partnership that includes such online classified web sites as cars.com and apartments.com. McClatchy is listed on the New York Stock Exchange under the symbol MNI.

                       The McClatchy Company
                       Consolidated Statistical Report
                     (In thousands, except for preprints)

July Combined Print Only *Pro Forma *Pro Forma

% % Revenues - Net: 2006 2005 Change 2006 2005 Change

Advertising Retail $85,673 $84,797 1.0% $83,807 $83,788 0.0% National 20,571 22,089 -6.9% 18,865 20,724 -9.0% Classified Total 87,724 90,073 -2.6% 75,794 78,284 -3.2% Automotive 22,031 24,009 -8.2% 19,832 22,209 -10.7% Real Estate 27,620 24,432 13.0% 25,921 22,876 13.3% Employment 28,792 32,020 -10.1% 21,405 24,295 -11.9% Other Class 9,282 9,612 -3.4% 8,636 8,904 -3.0% Direct Marketing 17,823 14,827 20.2% 17,823 14,827 20.2% Other Adv Rev 107 178 -39.9% 106 179 -40.8% Total Advertising $211,898 $211,964 0.0% $196,395 $197,802 -0.7%

Circulation 31,884 34,334 -7.1% Other 6,929 7,680 -9.8% Total Revenue $250,711 $253,978 -1.3%

Memo: Online Only Advertising Revenue $15,503 $14,162 9.5%

Advertising Revenues by Market: California $40,138 $38,912 3.2% $37,793 $36,979 2.2% Carolinas 36,519 37,073 -1.5% 33,537 34,473 -2.7% Florida 30,243 29,269 3.3% 28,651 27,743 3.3% Midwest 49,918 52,777 -5.4% 45,840 48,759 -6.0% Northwest 20,569 19,458 5.7% 19,053 18,150 5.0% Texas 19,028 19,275 -1.3% 17,969 18,374 -2.2% Other 15,483 15,200 1.9% 13,552 13,324 1.7% Total Advertising $211,898 $211,964 0.0% $196,395 $197,802 -0.7%

Advertising Statistics for Dailies: Full Run ROP Linage 3,414.1 3,489.2 -2.2%

Millions of Preprints Distributed 744.7 667.5 11.6%

Average Paid Circulation:** Daily 3,029.1 3,131.9 -3.3% Sunday 3,992.5 4,178.2 -4.4%

* Pro forma includes Knight Ridder acquisitions. ** Reflects average paid circulation based upon number of days in period. Does not reflect ABC reported figures.

The McClatchy Company Consolidated Statistical Report (In thousands, except for preprints)

July Year-to-Date

Combined Print Only

*Pro *Pro *Pro *Pro Forma Forma % Forma Forma % Revenues - Net: 2006 2005 Change 2006 2005 Change

Advertising Retail $572,649 $575,525 -0.5% $561,109 $568,872 -1.4% National 142,715 150,779 -5.3% 132,957 143,760 -7.5% Classified Total 578,740 563,313 2.7% 486,009 490,402 -0.9% Automotive 135,110 153,334 -11.9% 121,089 141,856 -14.6% Real Estate 175,194 150,711 16.2% 163,706 141,148 16.0% Employment 207,784 197,561 5.2% 144,803 149,940 -3.4% Other Class 60,652 61,707 -1.7% 56,412 57,458 -1.8% Direct Marketing 111,301 94,242 18.1% 111,301 94,242 18.1% Other Adv Rev 1,051 1,187 -11.5% 1,051 1,186 -11.4% Total Advertising $1,406,456 $1,385,046 1.5% $1,292,427 $1,298,462 -0.5%

Circulation 211,092 221,634 -4.8% Other 45,112 48,850 -7.7% Total Revenue $1,662,660 $1,655,530 0.4%

Memo: Online Only Advertising Revenue $114,029 $86,584 31.7%

Advertising Revenues by Market: California $254,770 $240,920 5.7% $240,113 $229,623 4.6% Carolinas 244,222 243,134 0.4% 221,978 227,619 -2.5% Florida 215,653 205,177 5.1% 201,089 195,691 2.8% Midwest 336,730 346,147 -2.7% 307,063 321,772 -4.6% Northwest 130,767 127,824 2.3% 120,335 120,135 0.2% Texas 126,178 122,592 2.9% 117,763 116,840 0.8% Other 98,136 99,252 -1.1% 84,086 86,782 -3.1% Total Adver- tising $1,406,456 $1,385,046 1.5% $1,292,427 $1,298,462 -0.5%

Advertising Statistics for Dailies: Full Run ROP Linage 21,548.7 22,011.7 -2.1%

Millions of Preprints Distributed 4,780.5 4,434.8 7.8%

Average Paid Circulation:** Daily 3,205.7 3,315.7 -3.3% Sunday 4,147.4 4,338.0 -4.4%

* Pro forma includes Knight Ridder acquisitions. ** Reflects average paid circulation based upon number of days in period. Does not reflect ABC reported. figures.