Tribune Elects Miles D. White to Board of Directors

Tribune Elects Miles D. White to Board of Directors

Quarterly Dividend Declared, Officer Appointed

CHICAGO, July 21 /PRNewswire-FirstCall/ -- Tribune Company (NYSE:TRB) today announced that Miles D. White, chairman and chief executive officer of Abbott, has been elected a director of the company. He was named yesterday at Tribune's regularly scheduled board meeting.

"Miles brings great talent and experience to the board," said Dennis J. FitzSimons, Tribune chairman, president and chief executive officer. "His insights and perspective as the CEO of one of Chicago's largest companies will add significant value for our shareholders."

White, 50, is chairman and chief executive officer of Abbott, a broad- based medical products and pharmaceutical company based in north suburban Chicago. He was elected to Abbott's board of directors in 1998 and assumed his current positions in 1999. Prior to joining Abbott in 1984, White was a management consultant with McKinsey & Co. He holds a bachelor's degree and MBA from Stanford University, and is active in Chicago's civic and business communities.

Also at yesterday's meeting, the Tribune board declared a regular quarterly dividend of $.18 per share on common stock payable on Sept. 8, 2005, to shareholders of record at the close of business on Aug. 25, 2005.

In other business, the board approved the appointment of Daniel G. Kazan as vice president/development. Kazan, 37, was previously director/corporate development and before that served as senior counsel/mergers and acquisitions. He joined Tribune Company in 1998.

TRIBUNE (NYSE:TRB) is one of the country's top media companies, operating businesses in publishing 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 operates 11 leading daily newspapers including the Los Angeles Times, Chicago Tribune and Newsday, plus a wide range of targeted publications such as Spanish-language Hoy. 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.

Source: Tribune Company

CONTACT: Media Contact - Gary Weitman, VP/Communications, +1-312-222-3394 (Office Phone), gweitman@tribune.com; Investor Contact - Ruthellyn Musil, SVP/Corporate Relations, +1-312-222-3787 (office phone), rmusil@tribune.com

Web site: http://www.tribune.com/

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