Champion Reports Bigger Loss on Lower Revenues in Third Quarter

The 2009 results are reflective of a restatement of earnings associated with
approximately $0.3 million per quarter of non-cash related adjustments reflected as deferred tax expense associated with deferred tax liability attributes related to goodwill, trade name and masthead of The Herald-Dispatch. This was recorded in the fourth quarter of 2009 and therefore the interim periods for 2009 have been restated accordingly to reflect such adjustment.