Journal Communications' Board Increases Dividend 6.7%

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MILWAUKEE--(BUSINESS WIRE)--Feb. 12, 2008--The Board of Directors of Journal Communications, Inc. (NYSE:JRN) today increased the Company's quarterly dividend on its class A and class B shares by 6.7%, from $0.075 to $0.08 per share. The quarterly dividend will be paid on March 8, 2008 to shareholders of record as of the close of business on February 26, 2008. The board made the declaration at its regularly scheduled meeting on February 12.

"We are pleased to once again increase our quarterly dividend, which reflects our Company's strong cash flow and its commitment to returning value to shareholders," said Steven J. Smith, chairman and chief executive officer of Journal Communications.

The board also set the date for Journal Communications' Annual Meeting of Shareholders, scheduled for Thursday, May 1, 2008, at 9:00 a.m. Central Time. The meeting will be held at the Pfister Hotel in Milwaukee, Wisconsin. All shareholders of record as of the close of business on February 28, 2008, will be eligible to vote at the Annual Meeting of Shareholders.


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News Source: Journal Communications, Inc.