Tribune Appoints Steven Berns As Chief Financial Officer

           Tribune Appoints Steven Berns As Chief Financial Officer

Executive Will Oversee All Finance Functions

Chandler Bigelow Appointed As Chief Business Strategies & Operations Officer

PR Newswire

CHICAGO, June 19, 2013

CHICAGO, June 19, 2013 /PRNewswire/ -- Tribune Company today announced the
appointment of Steven Berns as its Executive Vice President/Chief Financial
Officer, responsible for overseeing all finance functions, including financial
reporting, treasury, tax, and audit. He joins the company from Revlon, Inc.,
the worldwide cosmetic and beauty products company, where he served in a
similar capacity beginning in May 2009. Berns will report to Tribune's CEO,
Peter Liguori, and begin his new duties before the end of July.

(Photo: http://photos.prnewswire.com/prnh/20130619/CG34788-a)

(Photo: http://photos.prnewswire.com/prnh/20130619/CG34788-b)

Tribune also announced that Chandler Bigelow, who has served as the company's
CFO since 2008, has been appointed to the newly-created position of Executive
Vice President/Chief Business Strategies and Operations Officer. In this new
role, Bigelow will oversee the company's equity investments and its real
estate portfolio, and will help lead the ongoing transformation of Tribune's
traditional media businesses. He, too, will report to Liguori.

"Steven's broad experience, financial acumen, and open management style will
enable us to make a seamless transition in the leadership of our finance
team—he will be a great addition to the company and a valued partner on our
executive team," said Liguori. "At the same time, I am excited to partner
with Chandler in his new role as we continue to evolve our businesses for
future success; his institutional knowledge, financial rigor and strategic
instincts make Chandler ideal for this role."

Prior to serving as CFO at Revlon, Berns held a variety of executive finance
positions, serving as Chief Financial Officer at Tradeweb, LLC, a leading
over-the-counter, electronic trading marketplace, and at MDC Partners, where
he was also President and Chief Financial Officer. From August 1999 to
September 2004, Berns was SVP/Treasurer for The Interpublic Group of
Companies, Inc., an organization of advertising agencies and marketing
services firms.

Berns is a certified public accountant. He graduated from Lehigh University
with a Bachelor of Science degree in economics and earned an MBA from New York
University.

"I am thrilled to join Peter and the entire Tribune team at this exciting time
for the company," said Berns. "Tribune's combination of assets and
capabilities provide a terrific platform for building growth and shareholder
value."

Bigelow joined Tribune in 1998 and one year later was named manager/corporate
finance. In 2001 he was appointed assistant treasurer and he became Tribune's
treasurer in 2003.

"I'm excited to continue helping Peter with the ongoing transformation of our
broadcasting and publishing businesses," said Bigelow. "Tribune starts with a
number of advantages—great content, a powerful distribution network and
extremely talented, dedicated employees—and there are a lot of great
opportunities ahead for the company." 

TRIBUNE is one of the country's leading multimedia companies, operating
businesses in broadcasting, publishing, and interactive. The company's
broadcasting group owns or operates 23 television stations, WGN America on
national cable, the national multicast network, Antenna TV and Chicago's
WGN-AM. In publishing, Tribune's leading daily newspapers include the Los
Angeles Times, Chicago Tribune, The Baltimore Sun, Sun Sentinel (South
Florida), Orlando Sentinel, Hartford Courant, The Morning Call and Daily
Press. Popular news and information websites complement Tribune's print and
broadcast properties and extend the company's nationwide audience.

SOURCE Tribune

Contact: Gary Weitman, SVP/Corporate Relations, 312/222-3394 (office),
gweitman@tribune.com
 
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