JRC Journal Register

In graph 4, James W.�Hall's title should be Acting Chief Executive Officer (sted Acting Chairman and Chief Executive Officer). The corrected release reads: JOURNAL REGISTER COMPANY ANNOUNCES $500,000 OF ADDITIONAL COST SAVINGS FROM PRODUCTION CONSOLIDATION IN CONNECTICUT Journal Register Company (NYSE:JRC) today announced the Company�s consolidation of the printing and mailroom operations of New Britain, CT to its facility in New Haven, CT effective July 9, 2007. This consolidation project is estimated to reduce production expenses for the combined operations by approximately $500,000 due to permanent reductions in salary and wages, newsprint and related facilities expenses. As a result of this change, the readers of and advertisers in The Herald, Middletown Press and Sunday Herald Press will benefit from improved print quality, increased color capacity, high speed inserting and more compact page size. The Herald�s now redundant equipment will be either relocated to other JRC production facilities or decommissioned and sold. James W. Hall, Acting Chief Executive Officer said, �This move is an ongoing part of Journal Register Company�s cluster strategy and another example of the options available to Journal Register to support cash flow during this period of transformation from traditional to new media.� On June 19, 2007, Senior Vice President and Chief Financial Officer Julie A Beck, presenting at the NAA Mid Year Media review, identified over $11 million of annual cost savings initiatives. �This consolidation project increases the annual savings to over $11.5 million annually,� she said. About Journal Register Company Journal Register Company is a leading U.S. media company. Journal Register Company owns 22 daily newspapers and 346 non-daily publications. Journal Register Company currently operates 226 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 including competition from non-newspaper forms of media , general or regional economic conditions and advertising trends, the unavailability or a material increase in the price of newsprint and increases in interest rates, changes in performance that affect financial covenant compliance or funds available for borrowing, technological changes, the adoption of new accounting standards or changes in accounting standards. 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.