The Washington Post Company Agrees to Sell The Herald to Black Press Ltd.

  The Washington Post Company Agrees to Sell The Herald to Black Press Ltd.

Business Wire

WASHINGTON -- February 6, 2013

The Washington Post Company (NYSE: WPO) announced today that it has signed an
agreement to sell The Herald, a daily and Sunday newspaper headquartered in
Everett, WA, La Raza, and its other print and online products to Black Press
Ltd. and its subsidiary Sound Publishing. The transaction is expected to close
in early March 2013.

Sound Publishing is the largest community media organization in Washington
State, with 39 newspaper titles and a combined circulation of 732,700. The
company prints all of its own newspapers and numerous other publications at a
centrally located, state-of-the-art printing facility in Everett, WA. Sound
Publishing is a subsidiary ofBlack Press Ltd., headquartered in Victoria, BC,
Canada. Founded in 1975, Black Press publishes more than 170 newspapers and
other publications in British Columbia, Alberta and Washington State, as well
as theHonolulu (Hawaii) Star-Advertiser andAkron (Ohio) Beacon-Journal daily
newspapers. It is administered and majority owned by David Holmes Black of
Victoria, BC.

Contact:

The Washington Post Company
Rima Calderon, 202-334-6617
calderonr@washpost.com