Journal Register Company
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March 22, 2007

Journal Register Company Reports Period Two Revenues

Yardley, PA – Journal Register Company (NYSE: JRC) today reported that total revenues for
Period Two, from continuing operations, for the four weeks ended March 4, 2007 were $35.7
million compared to $37.9 million for the four weeks ended February 26, 2006, a decrease of
5.7 percent. Excluding results from the Michigan cluster, total revenues decreased 4.1 percent
as compared to the prior year period.


Total advertising revenues for Period Two, from continuing operations, were $27.2 million
compared to $29.3 million.

Chairman and CEO Robert M. Jelenic stated, “total revenues for the second period were
negatively affected by the severe weather, which had an impact on all of our clusters in both
our advertising and circulation revenues. Online revenues continue to perform very well and
we expect our online revenue growth to accelerate as we move through the year. In addition,
this year’s second period did not benefit from the increase in advertising and circulation
revenues that occurred in 2006 when the Super Bowl was played in Michigan.”

Revenue Performance by Category:

Online

Continued strong performance from the Company’s online operations produced online
revenues, for Period Two of $1.2 million, an increase of 22.6 percent as compared to Period
Two of 2006. Online revenues from JobsInTheUS for the period were up 40.5 percent. The
Company’s Web sites had 3.7 million unique visitors generating 30.0 million page views in
Period Two.

Retail

Retail advertising revenues were down 4.5 percent in Period Two, as compared to the prior
year period. The Company’s retail advertising revenues were down 2.8 percent excluding the
results of the Company’s Michigan cluster. Softness in the financial/insurance and
dining/entertainment advertising revenue categories were partially offset by strength in
telecommunications, miscellaneous retail stores and sporting goods stores advertising
revenue categories.

Classified

Classified advertising revenues for Period Two decreased 9.1 percent, as compared to the
prior year period. Excluding the results from the Michigan cluster, total classified advertising
revenues decreased 6.4 percent for the period.

Classified other advertising revenues increased 2.5 percent in Period Two, as compared to
the prior year period. Excluding the results from the Company’s Michigan cluster, classified
other advertising revenues increased 4.3 percent in Period Two.

Classified employment advertising revenues decreased 7.7 percent in Period Two, as
compared to Period Two of 2006. The Company’s classified employment advertising
revenues were down 6.6 percent excluding the results from the Company’s Michigan cluster.

The Company’s classified real estate advertising revenues decreased 12.3 percent. The
Company’s classified real estate advertising revenues were down 9.5 percent excluding the
results of the Company’s Michigan cluster.

Classified auto advertising revenues were down 18.9 percent, as compared to Period Two of
2006. Excluding results from the Company’s Michigan cluster classified auto advertising
revenues were down 15.1 percent for the period.

National

National advertising revenues, which represent less than five percent of total advertising
revenues, decreased 23.5 percent in Period Two, as compared to the prior year period, with
softness in the telecommunications advertising revenue category.

Circulation

Circulation revenues for Period Two decreased 1.0 percent as compared to the prior year
period.

About Journal Register Company

Journal Register Company is a leading U.S. media company. Journal Register Company
owns 22 daily newspapers and 345 non-daily publications. Journal Register Company
currently operates 222 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 six geographic areas: Greater Philadelphia; Michigan; Connecticut;
Greater Cleveland; and the Capital-Saratoga and Mid-Hudson regions of New York. The
Company owns JobsInTheUS, a network of 19 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 strategy, financial projections and estimates and their underlying assumptions, the extent or timing of cost savings, charges, the extent of employees impacted, 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 success of the Company's acquisition strategy, dispositions, the ability of the Company to achieve cost reductions and integrate acquisitions, competitive pressures, general or regional economic conditions and advertising trends, the unavailability or a material increase in the price of
newsprint and increases in interest rates. These and additional risk factors are 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.

Financial Summary follows.

JOURNAL REGISTER COMPANY
PERIOD TWO AND YEAR-TO-DATE REVENUE REPORT
(Dollars in thousands, unaudited)
 
 
Period Two                           Year-To-Date
 
Four Weeks Ended                 Nine Weeks Ended
     
   
Revenues:
3/4/2007
2/26/2006
% Change
3/4/2007
2/26/2006
% Change
Advertising:
     Local
$15,004
$15,712
(4.5)
$30,746
$32,132
(4.3)
     Classified
11,018
12,122
(9.1)
24,268
26,272
(7.6)
     National
1,159
1,515
(23.5)
2,389
3,365
(29.0)
Total Advertising
$27,181
29,349
(7.4)
57,403
61,769
(7.1)
    
Circulation
7,039
7,111
(1.0)
15,816
15,841
(0.2)
Other revenue
   1,505
   1,411
   6.7
   3,232
   2,973
     8.7
Total Revenue Continuing Ops.
35,725
37,871
(5.7)
76,451
80,583
(5.1)
    
Discontinued Operations
   222
   2,949
   3,309
   6,302
    
Total Company
$35,947
$40,820
$79,760
$86,885


Notes:
(1) The revenues of the Company’s acquisitions are included from the date of acquisition in each period
presented above.
(2) Other revenue is primarily Commercial Printing revenue
(3) Discontinued operations represent the recently sold New England publications

###
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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