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Company Milestones

Jan. 7, 2000 Acquired the Worcester Telegram & Gazette.

July 22, 1999 Acquired Abuzz Technologies, Inc.

June 18, 1999 Created new business unit, Times Company Digital, which consolidates the Company's Internet holdings.

June 17, 1999 Announced $500 million share repurchase authorization.

Feb. 22, 1999 Invested $15 million in TheStreet.com.

Dec. 10, 1998 The New York Times newspaper achieved $1 billion in ad revenues in a single year, the highest ever reached by any publication.

Dec. 1, 1998 Leased the broadcast time on WQEW(AM) for an eight-year period to ABC, Inc. for its Radio Disney program.

Aug. 19, 1998 Announced $575 million share repurchase authorization.

July 30, 1998 Joined Classified Ventures (www.classifiedventures.com), which was founded in Dec. 1997 by Times Mirror, Tribune Co. and The Washington Post Co.

July 1, 1998 Split the stock 2 for 1 (Class A & B).

June 16, 1998 Launched New York Today (www.nytoday.com).

Mar. 17, 1998 Announced tender offer for $150 million of its outstanding publicly-held 8.25% debentures due March 2005.

Dec. 18, 1997 Announced $215 million share repurchase authorization.

Nov. 25, 1997 Sold Tennis, Tennis Buyer's Guide, Sailing World, Cruising World, Snow Country and Snow Country Business.

Oct. 16, 1997 Arthur Ochs Sulzberger, chairman and chief executive officer, steps down after leading the Company since 1973. Arthur Sulzberger, Jr. is elected chairman.

Sept. 25, 1997 The Times Company moves to the New York Stock Exchange, where its shares trade under the ticker symbol NYT.

Feb. 20, 1997 Announced $150 million share repurchase authorization.

July 16, 1996 Acquired KFOR-TV (Oklahoma City, Okla.) and WHO-TV (Des Moines, Iowa). Also acquired Imperial Delivery Service (IDS).

May 16, 1996 Announced $32 million share repurchase authorization.

Jan. 22, 1996 Launched The New York Times on the Web (www.nytimes.com).

Oct. 30, 1995 The Boston Globe launched boston.com.

Oct. 17, 1995 Co-founded CareerPath.com with Knight-Ridder Inc., Times Mirror, Tribune Co. and The Washington Post Co.

Aug. 1, 1995 Sold The Daily Corinthian (Cornith, Miss.), The Messenger (Madisonville, Ky.), Lenior News-Tropic (Lenior, N.C.), State Gazette (Dyerburg, Tenn.), The Banner-Independent (Boonesville, Miss.).

July 31, 1995 Sold The Daily Commercial (Leesburg, Fla.).

June 20, 1995 Acquired WTKR-TV (Norfolk/Virginia Beach, Va.).

May 26, 1995 Sold York County Coast Star (Kennebunk, Me.).

Mar. 22, 1995 Announced the sale of $400 million in debentures and notes.

Feb. 16, 1995 Announced $50 million share repurchase authorization.

Dec. 16, 1994 Divested its minority interest in Gaspesia Pulp and Paper Company.

Oct. 20, 1994 Announced $100 million share repurchase authorization.

Aug. 12, 1994 Sold the U.K. golf publications.

July 26, 1994 Sold the Women's Magazines Division.

Jan. 3, 1994 Sold Forsyth County News (Cummings, Ga.) and Winder News (Winder, Ga.).

Oct. 21, 1993 Announced $150 million share repurchase authorization.

Oct. 1, 1993 Acquired The Boston Globe.

Aug. 12, 1993 Announced $75 million share repurchase authorization.

July 15, 1993 Announced $150 million share repurchase authorization.

June 21, 1993 Announced $100 million share repurchase authorization.

Sept. 8, 1992 Closed The Gwinnett Daily News (Gwinnett, Ga.) and sold the residual assets to Cox Enterprises, Inc.

Dec. 3, 1991 Sold Spruce Falls Power and Paper Company, Ltd., a newsprint mill jointly owned with Kimberly-Clark Corp.

Apr. 26, 1991 The Company and The Washington Post Company acquired the one-third interest in the International Herald Tribune held by Whitcom Investment Company; now each owns 50% of the publication.

Nov. 20, 1990 Sold Harlan Daily Enterprise (Harlan, Ky.), Daily News (Middlesboro, Ky.) and Claiborne Progress (Tazewell, Tenn.).

Mar. 15, 1990 Announced $50 million share repurchase authorization.

Dec. 21, 1989 Announced $50 million share repurchase authorization.

Nov. 16, 1989 Announced $10 million share repurchase authorization.

Aug. 15, 1989 Sold NYT Cable TV.

July 27, 1989 Acquired McCall's magazine.

Mar. 16, 1989 Announced $25 million share repurchase authorization.

Dec. 29, 1988 Acquired Golf World (U.S.).

Nov. 17, 1988 Announced $25 million share repurchase authorization.

Sept. 30, 1988 Sold Southern Travel magazine.

Aug. 31, 1988 Acquired Sailing World magazine.

March 1988 Launched Snow Country magazine.

Feb. 18, 1988 Announced $100 million share repurchase authorization.

Jan. 21, 1988 Announced $12 million share repurchase authorization.

Nov. 19, 1987 Announced $20 million share repurchase authorization.

July 21, 1987 Acquired The Gwinnett Daily News (Gwinnett, Ga.), Forsyth County News (Cummings, Ga.) and The Winder News (Winder, Ga.).

May 15, 1987 Acquired Child magazine.

Sept. 19, 1986 Split the stock 2 for 1 (Class A & B plus a reclassification of 9/10 A & 1/10 B for each B share).

Aug. 25, 1986 Acquired Southern Travel magazine.

May 30, 1986 Sold The Golden Gate Eagle (Naples, Fla.).

March/April 1986 Launched Family Circle's Decorating Remodeling magazine as a separate periodical.

Dec. 30, 1985 Acquired WNEP-TV (Wilkes-Barre/Scranton, Penn.).

Oct. 3, 1985 Acquired WQAD-TV (Moline, Ill./Davenport, Iowa).

Sept. 3, 1985 Acquired Santa Barbara News-Press (Santa Barbara, Calif.).

Apr. 30, 1985 Acquired The Press Democrat (Santa Rosa, Calif.).

Apr. 18, 1985 Acquired Spartanburg Herald-Journal (Spartanburg, S.C.), Tuscaloosa News (Tuscaloosa, Ala.) and The Gadsen Times (Gadsen, Ala.).

Nov. 30, 1984 Sold Times Books, its book publishing operation.

Oct. 10, 1984 Sold Anna Maria Islander (Anna Maria, Fla.).

July 6, 1984 Acquired Cruising World magazine.

Jan. 31, 1984 Sold Zephyrhills News (Zephyrhills, Fla.).

Dec. 6, 1983 Split the stock 3 for 1 (Class A & B).

Nov. 1, 1983 Sold Teaching Resources.

Apr. 5, 1983 Sold the license to its micro-publishing operations.

Feb. 3, 1983 Sold the license to its information retrieval service operations.

Jan. 17, 1983 Sold Film Facts.

Dec. 3, 1982 Acquired Times Daily (Florence, Ala.), Daily World (Opelousas, La.), Lenior News-Topic (Lenior, N.C.), The Messenger (Madisonville, Ky.), The Daily Cornithian (Cornith, Miss.), Daily News (Middlesboro, Ky.), The Harlan Daily Enterprise (Harlan, Ky.), State Gazette (Dyersburg, Tenn.), York County Coast Star (Kennebunk, Me.), Claiborne Progress (Tazewell, Tenn.) and The Banner-Independent (Booneville, Miss.).

Nov. 30, 1982 Acquired Sarasota Herald-Tribune (Sarasota, Fla.).

Apr. 10, 1981 Sold its Australian magazine operations.

Mar. 2, 1981 Acquired NYT Cable TV (Cherry Hill, N.J.).

Dec. 1, 1980 Acquired The Courier (Houma, La.) and The Daily Comet (Thibodaux, La.).

Oct. 10, 1980 Established The Golden Gate Eagle (Naples, Fla.).

Aug. 29, 1980 Sold its Cambridge Book Company Division.

July 25, 1980 Sold TV Guide (Australia).

May 13, 1980 Acquired WHNT-TV (Huntsville, Ala.).

Apr. 25, 1980 Acquired Anna Maria Islander (Anna Maria, Fla.).

Mar. 6, 1980 Sold Us magazine.

Feb. 12, 1980 Formed Madison Paper Industries with Myllykoski Oy, a Finnish paper manufacturing company.

Oct. 1, 1979 Acquired KFSM-TV (Fort Smith/Fayetteville, Ark.).

Dec. 15, 1978 Acquired Zephyrhills News (Zephyrhills, Fla.).

Jan. 11, 1977 Sold its professional magazine and music publishing businesses.

Jan. 17, 1975 Acquired Wilmington Morning Star (Wilmington, N.C.).

May 31, 1974 Acquired Times-News (Hendersonville, N.C.).

Nov. 28, 1973 Arthur Ochs Sulzberger becomes chairman of the Company.

Nov. 1, 1973 Acquired The Dispatch (Lexington, N.C.).

Jan. 12, 1973 Acquired Marco Island Eagle (Marco Island, Fla.).

Oct. 30, 1972 Acquired Tennis magazine.

Feb. 23, 1972 Announced a repurchase authorization for up to 150,000 shares.

Jan. 17, 1972 Acquired Lake City Reporter (Lake City, Fla.), The News-Leader (Fernandina Beach, Fla.), The News-Sun (Sebring, Fla.) and Avon Park Sun (Avon Park, Fla.).

Aug. 6, 1971 Announced a repurchase authorization for up to 50,000 shares.

Dec. 1, 1971 Acquired Leesburg Daily (Leesburg, Fla.) and Daily News (Palatka, Fla.).

Oct. 15, 1971 Acquired WREG-TV (Memphis, Tenn.).

Sept. 17, 1971 Acquired the remaining interest (49%) in Arno Press Inc.

Apr. 30, 1971 Acquired Cambridge Book Company, Inc., Family Circle magazine, and the Modern Medicine group of professional magazines. Also acquired The Gainesville Sun (Gainesville, Fla.), The Ledger (Lakeland, Fla.), and Star-Banner (Ocala, Fla.).

Feb. 19, 1970 Acquired Golf World (U.K.) magazine.

Jan. 7, 1970 Acquired a 35% interest in Malbaie Paper Company Ltd.

Feb. 28, 1969 Acquired Golf Digest magazine.

Jan. 14, 1969 The New York Times Company stock is listed for the first time on the American Stock Exchange. Its ticker symbol is NYTA.

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