|Journal Community Publishing Group Acquires Several Waupaca-Area Publications|
MILWAUKEE, WI – October 7, 2008 – Journal Community Publishing Group, Inc. (JCPG), a Journal Communications, Inc. (NYSE:JRN) company, today announced that it closed on the purchase of the assets of Waupaca Publishing Company.
The purchase consists of several Waupaca-area newspapers including the Waupaca County Post, The Chronicle (Weyauwega/Fremont), the Picture Post, and the Tri-County Advertiser. It also includes the niche publications Wisconsin State Farmer, Wisconsin Horsemen’s News, and Silent Sports magazine. Journal Communications also purchased additional print publications and associated internet websites as well as Waupaca Publishing Company’s commercial printing business and the related real estate and buildings.
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|"Safe Harbor" Statement under the Private Securities Litigation Reform Act of 1995: Statements in this press release regarding Journal Communications, Inc.'s business which are not historical facts are "forward-looking statements" that involve risks and uncertainties. For a discussion of such risks and uncertainties, which could cause actual results to differ from those contained in the forward-looking statements, see "Risk Factors" in the Company's Annual Report or Form 10-K for the most recently ended fiscal year.|