Journal Register Company
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January 26, 2007
Journal Register Company Agrees to Sell Rhode Island Newspapers

Yardley, PA – Journal Register Company (NYSE:JRC) today announced that it has signed a definitive agreement to sell its three daily community newspapers and its weekly newspaper group in Rhode Island to R.I.S.N. Operations Inc. for $7.6 million in cash, subject to working capital adjustments. The transaction is expected to close in the first quarter of 2007 and is subject to customary closing conditions.

The properties included in the sale are The Call, The Times and Kent County Daily Times in Woonsocket, Pawtucket and West Warwick, Rhode Island, respectively, and its weekly group, the Southern Rhode Island Newspaper Group, in Wakefield, Rhode Island.

Robert M. Jelenic, Chairman and Chief Executive Officer of Journal Register Company said “we thank all of our talented employees at our Rhode Island newspapers for their contributions over the years and wish them all well.”

About Journal Register Company

Journal Register Company is a leading U.S. newspaper publishing company. Journal Register Company owns 27 daily newspapers and 368 non-daily publications. Journal Register Company currently operates 239 individual Web sites that are affiliated with the Company's daily newspapers, non-daily publications and its network of employment Web sites. These Web sites can be accessed at www.journalregister.com. All of the Company’s operations are strategically clustered in seven geographic areas: Greater Philadelphia; Michigan; Connecticut; Greater Cleveland; New England; and the Capital-Saratoga and Mid-Hudson regions of New York. The Company owns JobsInTheUS, a network of 21 premier employment Web sites.

Safe Harbor

This release contains forward-looking information about Journal Register Company that is intended to be covered by the safe harbor for forward-looking statements provided by the Private Securities Litigation Reform Act of 1995. Forward-looking statements are statements that are not historical facts. These statements can be identified by the use of forward-looking terminology such as “believe”, “expect”, “may”, “will”, “should”, “project”, “plan”, “seek”, “intend”, or “anticipate” or the negative thereof or comparable terminology, and include discussions of the proposed sale of assets, strategy, financial projections and estimates and their underlying assumptions, the expected timing of the closing, charges, and statements about the future performance, operations, products and services of the Company. These forward-looking statements involve a number of risks and uncertainties, which could cause actual results to differ materially. These risks and uncertainties include, but are not limited to, the ability of the parties to perform their respective obligations under the asset purchase and related agreements in a timely manner, or at all, the failure of the buyer to complete contemplated financing arrangements and the additional risk factors outlined in the Company's most recent Annual Report on Form 10-K filed with the Securities and Exchange Commission. The Company undertakes no obligation to publicly update any forward-looking statement, whether as a result of new information, future events, or otherwise.

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For more information: Journal Register Company
790 Township Line Road
Yardley, PA 19067
(215) 504-4200 voice;
(215) 504-4201 fax

Ricardo A. Venegas
Treasurer
rvenegas@journalregister.com

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