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Tribune Names New Publisher at The Baltimore Sun

News veteran, Denise Palmer, will assume post in September

Current publisher, Michael Waller, to become chairman, retire in January

CHICAGO, July 10, 2002 -- Tribune Company (NYSE: TRB) today announced that Denise Palmer has been named president, publisher and chief executive officer of The Baltimore Sun. Mike Waller, The Sun's current publisher, will become chairman of the newspaper and plans to retire in January. Both changes will become effective Monday, September 23.

"Mike Waller has been a terrific publisher of The Baltimore Sun and a wonderful partner in the integration of the Tribune and Times Mirror newspapers," said Jack Fuller, president of Tribune Publishing Co. "Denise is a gifted executive with deep experience in newspapers, radio and television and a real feeling for the journalistic heart of the news business."

Palmer joins The Sun from ChicagoLand Television (CLTV), Chicago's only all-news cable channel, where she has been president and chief executive officer since 2000. Before that, she served as vice president/development, strategy and finance at the Chicago Tribune from 1998-2000, with responsibility for accounting and financial reporting, operational and strategic planning and development of new products and services. Palmer was also responsible for ¡Exito!, the Chicago Tribune's free weekly Hispanic publication. From 1994-1998, she held a variety of executive finance and strategy positions with the newspaper.

"The Baltimore Sun is one of the best newspapers in America with a rich history of editorial excellence," said Palmer. "Baltimore is a wonderful market-I look forward to serving our 1.1 million weekly readers and loyal advertisers."

Palmer joined Tribune in 1980 as a corporate auditor. In 1983, she became a planning analyst and in 1986 was named manager of planning for Tribune Company. In 1988, Palmer transferred to WGN Radio as director/finance and was promoted to station manager in 1993. She became director/finance for the Chicago Tribune in 1994. Before joining Tribune, Palmer was a senior auditor at Coopers & Lybrand in Dayton, Ohio.

Mike Waller has been president, publisher and chief executive officer of The Sun since October 1997. Before that, he held a variety of positions at The Hartford Courant. From 1986-1997, he served as executive editor and vice president, editor and publisher. From 1978-1986, he worked as managing editor, then editor of The Kansas City Star and The Kansas City Times.

From 1967-1978, Waller worked at The Courier-Journal and The Louisville Times as chief of the copy desk, executive sports editor and assistant managing editor. He began his newspaper career in 1961 as a sports clerk at The Decatur Herald.

"It's been a joy and privilege serving The Sun and the Baltimore community," said Waller, who is a member of a dozen non-profit community boards. "I've had a terrific newspaper career and am pleased to be working with Denise in forging a smooth transition."

David Underhill replaces Palmer as chief executive officer of CLTV, overseeing long-term strategy, development and operations. He will also continue in his current capacity as Tribune's vice president/intergroup development.

"Cable continues to be an exciting and challenging medium that offers Tribune substantial future growth," said Underhill. "CLTV is the Chicago region's only 24-hour cable news channel and reaches more than 1.6 million homes. I look forward to continuing its quality programming and to further developing cross-media opportunities with our other Chicago news outlets."

Underhill was appointed to his intergroup development role in October 1999 and is responsible for advancing the company's multimedia strategies among publishing, broadcasting and interactive business units through cross-group teams that facilitate the sharing of journalism, program content, cross-promotion and multimedia sales. From 1997-1999, he served as vice president/video and audio for Tribune Publishing, and helped to oversee the launch of Central Florida News 13, the cable news channel owned jointly by Tribune's Orlando Sentinel and Time Warner Communications.

As the responsibilities of the intergroup team expand, Barbara Weeks will join that department as director/intergroup development. Since 2000, Weeks has served as VP/operations of Tribune Interactive, where she oversaw the online operations in Tribune's local newspaper markets.

Weeks joined the company in 1993, and from 1997-2000 directed operations at CLTV, first as vice president/general manager and later as president and chief executive officer.

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TRIBUNE (NYSE: TRB) is one of the country's premier media companies, operating businesses in broadcasting, publishing and on the Internet. It reaches more than 80 percent of U.S. households, and is the only media company with television stations, newspapers and Web sites in the nation's top three markets. Tribune media span 23 major-market television stations, including national superstation WGN-TV; 12 market-leading daily newspapers, including the Los Angeles Times, Chicago Tribune and Newsday; and news and information Web sites in 18 of the nation's top 30 markets.

   
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