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February 8, 2007
Journal Register Company Announces Quarterly Cash Dividend,
Amends By-Laws to Establish Majority Vote Standard for Director
Elections
Yardley, PA – Journal Register Company (NYSE:JRC) today announced that its Board of
Directors approved a cash dividend of $0.02 per share of Common Stock. The dividend will be
payable on April 10, 2007 to shareholders of record on March 5, 2007.
Separately, the Board amended the Company's by-laws establishing a majority vote standard for
the election of Directors. This new standard will ensure an even higher level of accountability to
shareholders and demonstrates the Company's commitment to corporate governance best
practices.
Each Director will now be required to receive a majority of the votes cast in an election. In
contested elections (where there are more nominees than Directors to be elected), the plurality
vote standard will continue to be used and the candidate receiving the most votes would be
elected.
About Journal Register Company
Journal Register Company is a leading U.S. newspaper publishing company. Journal Register
Company owns 24 daily newspapers and 353 non-daily publications. Journal Register Company
currently operates 229 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 19 premier employment Web sites.
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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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