MEDIANEWS GROUP INC
FIFTH AMENDMENT TO CREDIT AGREEMENT
<DOCUMENT>
<TYPE>EX-10.6
<SEQUENCE>2
<FILENAME>d39670exv10w6.htm
<DESCRIPTION>FIFTH AMENDMENT TO CREDIT AGREEMENT
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<DIV align="left" style="font-size: 10pt; margin-top: 12pt">Exhibit&nbsp;10.6
</DIV>


<DIV align="center" style="font-size: 10pt; margin-top: 18pt"><B>FIFTH AMENDMENT TO CREDIT AGREEMENT</B>
</DIV>


<DIV align="left" style="font-size: 10pt; margin-top: 6pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;THIS FIFTH AMENDMENT TO CREDIT AGREEMENT (this &#147;<U>Amendment</U>&#148;), dated as of June&nbsp;28,
2006, is by and among MediaNews Group, Inc. (the &#147;<U>Borrower</U>&#148;), the guarantors identified on
the signature pages hereto (the &#147;<U>Guarantors</U>&#148;), the Lenders parties hereto and Bank of
America, N.A., and administrative agent for the Lenders (in such capacity, the &#147;<U>Administrative
Agent</U>&#148;).
</DIV>

<DIV align="Center" style="font-size: 10pt; margin-top: 18pt"><B>RECITALS</B>

</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 6pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;A.&nbsp;The Borrower, the Guarantors, the Lenders and the Administrative Agent entered into that
certain Credit Agreement dated as of December&nbsp;30, 2003, as amended pursuant to First Amendment to
Credit Agreement dated as of January&nbsp;20, 2004, as further amended pursuant to Second Amendment to
Credit Agreement dated as of April&nbsp;16, 2004, as further amended pursuant to Third Amendment to
Credit Agreement dated as of August&nbsp;30, 2004 and as further amended pursuant to Fourth Amendment to
Credit Agreement dated as of September&nbsp;8, 2005 (as previously amended, the &#147;<U>Existing Credit
Agreement</U>&#148;). Capitalized terms used herein which are not defined herein and which are defined
in the Existing Credit Agreement shall have the same meanings as therein defined.
</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 6pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;B.&nbsp;The Loan Parties have requested that certain provisions of the Existing Credit Agreement be
amended; and
</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 6pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;C.&nbsp;The parties hereto have agreed to amend the Existing Credit Agreement as set forth herein.
</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 6pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;NOW, THEREFORE, in consideration of the agreements hereinafter set forth, and for other good
and valuable consideration, the receipt and adequacy of which are hereby acknowledged, the parties
hereto agree as follows:
</DIV>

<DIV align="Center" style="font-size: 10pt; margin-top: 18pt"><B>AGREEMENT</B>

</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 6pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1.&nbsp;<U>Amendments to Existing Credit Agreement</U>. Effective upon satisfaction of the
conditions precedent set forth in <U>Section&nbsp;2</U> below, the Existing Credit Agreement is hereby
amended as follows:
</DIV>


<DIV align="left" style="font-size: 10pt; margin-top: 6pt; margin-left: 2%">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(A) The definition of &#147;Operating Cash Flow&#148; appearing in <U>Section&nbsp;1.01</U> of the
Existing Credit Agreement is hereby amended and restated in its entirety to read as follows
</DIV>


<DIV align="left" style="font-size: 10pt; margin-top: 6pt; margin-left: 4%">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&#147;<U>Consolidated Operating Cash Flow</U>&#148; means, as of any date of
determination with respect to the Borrower and its Restricted Subsidiaries on a
consolidated basis, the following, with respect to the immediately preceding four
fiscal quarters of the Borrower for which the Required Financial Information has
been delivered: (A)&nbsp;revenues <U>minus</U> (B)&nbsp;the sum of (i)&nbsp;cost of sales, (ii)
management fees, (iii)&nbsp;regularly scheduled payments in respect of the Denver
Synthetic Lease and (iv)&nbsp;selling, general and administrative expenses (other than
non-cash expenses accrued under employee compensation and stock ownership plans and
post-retirement executive medical plans) for such period <U>plus</U> (C)&nbsp;dividends
or other distributions received in cash from any Person (other than a JOA or the
Salt Lake Printer Entity) not constituting a Restricted Subsidiary hereunder for
such period <U>plus</U> (D)&nbsp;severance expenses for such period not to exceed (i)
$250,000 for the fiscal quarter ended September&nbsp;30, 2005, (ii) $135,000 for the fiscal quarter
ended December&nbsp;31, 2005, (iii) $135,000 for fiscal quarter ended March&nbsp;31, 2006,
</DIV>

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<DIV align="left" style="font-size: 10pt; margin-top: 6pt; margin-left: 4%">(iv) $1,335,000 for the fiscal quarter ended June&nbsp;30, 2006 and (v) $500,000 for the
fiscal quarter ended September&nbsp;30, 2006.
</DIV>


<DIV align="left" style="font-size: 10pt; margin-top: 6pt; margin-left: 2%">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(B) The second paragraph of <U>Section&nbsp;4.01</U> of the Existing Credit Agreement is
hereby amended and restated in its entirety to read as follows:
</DIV>


<DIV align="left" style="font-size: 10pt; margin-top: 6pt; margin-left: 4%">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Notwithstanding any provision to the contrary contained herein or in any other
of the Loan Documents or Swap Contracts, (a)&nbsp;the obligations of each Guarantor under
this Agreement and the other Loan Documents shall be limited to an aggregate amount
equal to the largest amount that would not render such obligations subject to
avoidance under the Debtor Relief Laws or any comparable provisions of any
applicable state law, (b)&nbsp;the liability of Los Angeles Daily News pursuant to this
<U>Article&nbsp;IV</U> shall be limited to the maximum amount permitted under the
Greenco Option Agreement as in effect on the Closing Date and (c)&nbsp;prior to the time,
if any, that the California Partnership, TNMP, MNG/Power One Media Holding Company,
Inc., the Salt Lake JOA, Utah Media Partners, LLC or any of their respective
Subsidiaries (including Persons which become Subsidiaries after the Closing Date
pursuant to a Permitted Investment) becomes a Wholly Owned Subsidiary, such Person
shall not be required to Guarantee all or any portion of the Obligations (or enter
into a Pledge Agreement).
</DIV>


<DIV align="left" style="font-size: 10pt; margin-top: 6pt; margin-left: 2%">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(C) <U>Section&nbsp;8.19(a)</U> of the Existing Credit Agreement is hereby amended and
restated in its entirety to read as follows:
</DIV>


<DIV align="left" style="font-size: 10pt; margin-top: 6pt; margin-left: 4%">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(a) <U>Consolidated Total Leverage Ratio</U>. Permit the Consolidated Total
Leverage Ratio at any time during a period set forth below to be greater than the
ratio set forth opposite such period:
</DIV>
<DIV align="center">
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    <TD width="35%">&nbsp;</TD>
    <TD width="58%">&nbsp;</TD>
    <TD width="7%">&nbsp;</TD>
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<TR style="font-size: 8pt" valign="bottom">
    <TD nowrap align="center" style="border-bottom: 1px solid #000000"><B>Period</B></TD>

<TD><DIV style="border-bottom: 1px solid #000000; width: 75%">&nbsp;</DIV></TD>
    <TD nowrap align="center" style="border-bottom: 1px solid #000000"><B>Ratio</B></TD>
</TR>

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<TR valign="bottom" style="background: #cceeff">
    <TD align="center"><DIV style="margin-left:15px; text-indent:-15px">Closing Date through June&nbsp;30, 2004</DIV></TD>
    <TD>&nbsp;</TD>
    <TD align="center" valign="top" nowrap>6.00 to 1.0</TD>
</TR>
<TR valign="bottom">
    <TD align="center"><DIV style="margin-left:15px; text-indent:-15px">July&nbsp;1, 2004 through June&nbsp;30, 2005</DIV></TD>
    <TD>&nbsp;</TD>
    <TD align="center" valign="top">5.75 to 1.0</TD>
</TR>
<TR valign="bottom" style="background: #cceeff">
    <TD align="center"><DIV style="margin-left:15px; text-indent:-15px">July&nbsp;1, 2005 through December&nbsp;31, 2006</DIV></TD>
    <TD>&nbsp;</TD>
    <TD align="center" valign="top">5.50 to 1.0</TD>
</TR>
<TR valign="bottom">
    <TD align="center"><DIV style="margin-left:15px; text-indent:-15px">January&nbsp;1, 2007 through June&nbsp;30, 2007</DIV></TD>
    <TD>&nbsp;</TD>
    <TD align="center" valign="top">5.25 to 1.0</TD>
</TR>
<TR valign="bottom" style="background: #cceeff">
    <TD align="center"><DIV style="margin-left:15px; text-indent:-15px">July&nbsp;1, 2007 through June&nbsp;30, 2008</DIV></TD>
    <TD>&nbsp;</TD>
    <TD align="center" valign="top">5.00 to 1.0</TD>
</TR>
<TR valign="bottom">
    <TD align="center"><DIV style="margin-left:15px; text-indent:-15px">Thereafter</DIV></TD>
    <TD>&nbsp;</TD>
    <TD align="center" valign="top">4.50 to 1.0</TD>
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<DIV align="left" style="font-size: 10pt; margin-top: 6pt; margin-left: 2%">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(D) <U>Section&nbsp;8.21</U> of the Existing Credit Agreement is hereby amended and
restated in its entirety to read as follows:
</DIV>


<DIV align="left" style="font-size: 10pt; margin-top: 6pt; margin-left: 4%">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;After the Closing Date, acquire any interest in, or enter into, any JOA (other
than the New Salt Lake JOA and Utah Media Partners, LLC, interests in which need not
be pledged pursuant to <U>Section&nbsp;7.04</U>) or the Salt Lake Printer Entity unless
(a)&nbsp;the Capital Stock thereof or other interests therein shall be pledged pursuant
to the Collateral Documents or (b)&nbsp;the Capital Stock thereof or other interests
therein shall be owned directly by a newly formed corporation or limited liability
company that (i)&nbsp;shall have no assets other than its interest in such JOA or the
Salt Lake Printer Entity, (ii)&nbsp;shall have no
other liabilities other than its obligations as a Guarantor hereunder and as a
holder of its interest in such JOA or the Salt Lake Printer Entity and (iii)&nbsp;shall
have become a Guarantor pursuant to <U>Section&nbsp;7.04</U> and the Borrower and its
Restricted Subsidiaries shall have granted a security interest in its interest in
their Capital Stock in such newly formed
</DIV>

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<DIV align="left" style="font-size: 10pt; margin-top: 6pt; margin-left: 4%">corporation or limited liability company to
the Administrative Agent, for the benefit of the Lenders, in each case, accordance
with <U>Section&nbsp;7.08</U>.
</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 6pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2.&nbsp;<U>Conditions Precedent</U>. This Amendment shall become effective as of the date hereof
upon satisfaction of the following conditions precedent:
</DIV>


<DIV align="left" style="font-size: 10pt; margin-top: 6pt; margin-left: 2%">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(A) <U>Counterparts of Amendment</U>. The Administrative Agent shall have received
counterparts of this Amendment, which collectively shall have been duly executed on behalf
of each of the Borrower, the Guarantors, and the Required Lenders.
</DIV>


<DIV align="left" style="font-size: 10pt; margin-top: 6pt; margin-left: 2%">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(B) <U>Payment of Fees and Expenses</U>. The Borrower shall have paid all fees
required to be paid to BAS in connection with this Amendment and all Attorney Costs of the
Administrative Agent to the extent invoiced prior to or on the date hereof.
</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 6pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3.&nbsp;<U>Representations and Warranties</U>. The Borrower hereby represents and warrants to the
Administrative Agent and the Lenders that, after giving effect to this Amendment, (a)&nbsp;the
representations and warranties set forth in <U>Article&nbsp;VI</U> of the Existing Credit Agreement
are, subject to the limitations set forth therein, true and correct in all material respects as of
the date hereof (except for those which expressly relate to an earlier date) and (b)&nbsp;no Default or
Event of Default exists under the Existing Credit Agreement or any of the other Loan Documents.
</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 6pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4.&nbsp;<U>Reaffirmation of Obligations</U>. Each Loan Party hereby ratifies the Existing Credit
Agreement and acknowledges and reaffirms (a)&nbsp;that it is bound by all terms of the Existing Credit
Agreement applicable to it and (b)&nbsp;that it is responsible for the observance and full performance
of its respective Obligations. Without limiting the generality of the foregoing sentence, each of
the Guarantors hereby (x)&nbsp;jointly and severally reaffirms and ratifies its guaranty of the
Obligations pursuant to <U>Article&nbsp;IV</U> of the Existing Credit Agreement, and (y)&nbsp;jointly and
severally reaffirms and ratifies all agreements set forth in such Collateral Documents securing
such guaranty, all of which shall in all respects remain in full force and effect and shall
continue to guarantee and secure any and all of the Obligations, whether now existing or hereafter
arising, on the same terms and conditions as are now set forth in such Collateral Documents.
</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 6pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5.&nbsp;<U>References in Other Loan Documents</U>. At such time as this Amendment shall become
effective pursuant to the terms of Section&nbsp;2 above, all references in the Loan Documents to the
&#147;Credit Agreement&#148; shall be deemed to refer to the Existing Credit Agreement as amended by this
Amendment.
</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 6pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6.&nbsp;<U>Counterparts/Telecopy</U>. This Amendment may be executed by the parties hereto in
several counterparts, each of which shall be deemed to be an original and all of which shall
constitute together but one and the same agreement. This Amendment may be transmitted and/or
signed by facsimile. The effectiveness of any such documents
and signatures shall, subject to applicable Law, have the same force and effect as manually
signed originals and shall be binding on all Loan Parties, the Administrative Agent and the
Lenders. The Administrative Agent may also require that any such documents and signatures be
confirmed by a manually signed original thereof; <U>provided</U>, <U>however</U>, that the
failure to request or deliver the same shall not limit the effectiveness of any facsimile document
or signature.
</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 6pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;7.&nbsp;<U>Governing Law</U>. THIS AMENDMENT SHALL BE DEEMED TO BE A CONTRACT MADE UNDER AND
GOVERNED BY THE INTERNAL LAWS OF THE STATE OF NEW YORK.
</DIV>

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<DIV align="left" style="font-size: 10pt; margin-top: 6pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;8.&nbsp;<U>Successors and Assigns</U>. This Amendment shall be binding upon and inure to the
benefit of the parties hereto and their respective successors and assigns.
</DIV>

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<DIV align="left" style="font-size: 10pt; margin-top: 6pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;IN WITNESS WHEREOF the Borrower, the Guarantors and the Required Lenders have caused this
Amendment to be duly executed on the date first above written.
</DIV>
<DIV align="center">
<TABLE style="font-size: 10pt" cellspacing="0" border="0" cellpadding="0" width="100%">
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<TR valign="bottom">
    <TD width="28%">&nbsp;</TD>
    <TD width="1%">&nbsp;</TD>
    <TD width="1%">&nbsp;</TD>
    <TD width="1%">&nbsp;</TD>
    <TD width="50%">&nbsp;</TD>
    <TD width="1%">&nbsp;</TD>
    <TD width="16%">&nbsp;</TD>
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<TR valign="bottom">
    <TD valign="top"><DIV style="margin-left:0px; text-indent:-0px">&nbsp;
</DIV></TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">&nbsp;</TD>
</TR>
<TR valign="bottom">
    <TD valign="top"><B>BORROWER:</B></TD>
    <TD>&nbsp;</TD>
    <TD colspan="3" valign="top" align="left">MEDIANEWS GROUP, INC.,</TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">&nbsp;</TD>
</TR>
<TR valign="bottom">
    <TD valign="top">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD colspan="3" valign="top" align="left">a Delaware corporation</TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">&nbsp;</TD>
</TR>
<TR valign="bottom"><!-- Blank Space -->
    <TD valign="top"><DIV style="margin-left:0px; text-indent:-0px">&nbsp;</DIV></TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">&nbsp;</TD>
</TR>
<TR valign="bottom">
    <TD valign="top"><DIV style="margin-left:0px; text-indent:-0px">&nbsp;
</DIV></TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">By:
</TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">/s/ Ronald A. Mayo</TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">&nbsp;</TD>
</TR>
<TR style="font-size: 1px">
    <TD valign="top"><DIV style="margin-left:0px; text-indent:-0px">&nbsp;
</DIV></TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">&nbsp;</TD>
    <TD>&nbsp;</TD>

<TD align="left" valign="top"><DIV style="border-top: 1px solid #000000; width: 75%">&nbsp;</DIV></TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">&nbsp;</TD>
</TR>
<TR valign="bottom">
    <TD valign="top">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD colspan="3" valign="top" align="left">Name: Ronald A. Mayo</TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">&nbsp;</TD>
</TR>
<TR valign="bottom">
    <TD valign="top">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD colspan="3" valign="top" align="left">Title: Vice President and Chief Financial Officer</TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">&nbsp;</TD>
</TR>
<TR valign="bottom"><!-- Blank Space -->
    <TD valign="top"><DIV style="margin-left:0px; text-indent:-0px">&nbsp;</DIV></TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">&nbsp;</TD>
</TR>
<TR valign="bottom">
    <TD valign="top"><B>GUARANTORS:</B></TD>
    <TD>&nbsp;</TD>
    <TD colspan="3" valign="top" align="left">ALASKA BROADCASTING COMPANY, INC.,<BR>
an Alaska corporation<BR>
CHARLESTON PUBLISHING COMPANY,<BR>
a Delaware corporation<BR>
CONNECTICUT NEWSPAPERS PUBLISHING COMPANY,<BR>
a Delaware corporation<BR>
THE DENVER POST CORPORATION,<BR>
a Delaware corporation<BR>
THE DETROIT NEWS, INC.,<BR>
a Michigan corporation<BR>
EASTERN COLORADO PRODUCTION FACILITIES, INC.,<BR>
a Delaware corporation<BR>
EASTERN COLORADO PUBLISHING COMPANY,<BR>
a Delaware corporation<BR>
FITCHBURG INTERNET MEDIA PUBLISHING COMPANY, INC.,<BR>
a Delaware corporation<BR>
GRAHAM NEWSPAPERS, INC.,<BR>
a Delaware corporation<BR>
KEARNS-TRIBUNE, LLC,<BR>
a Delaware limited liability company<BR>
LONG BEACH PUBLISHING COMPANY,<BR>
a Delaware corporation<BR>
LOS ANGELES DAILY NEWS PUBLISHING COMPANY,<BR>
a Delaware corporation<BR>
LOWELL INTERNET MEDIA PUBLISHING COMPANY, INC.,<BR>
a Delaware corporation<BR>
LOWELL PUBLISHING COMPANY,<BR>
a Delaware corporation</TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">&nbsp;</TD>
</TR>
<TR valign="bottom"><!-- Blank Space -->
    <TD valign="top"><DIV style="margin-left:0px; text-indent:-0px">&nbsp;</DIV></TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">&nbsp;</TD>
</TR>
<TR valign="bottom">
    <TD valign="top"><DIV style="margin-left:0px; text-indent:-0px">&nbsp;
</DIV></TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">By:
</TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">/s/ Ronald A. Mayo</TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">&nbsp;</TD>
</TR>
<TR style="font-size: 1px">
    <TD valign="top"><DIV style="margin-left:0px; text-indent:-0px">&nbsp;
</DIV></TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">&nbsp;</TD>
    <TD>&nbsp;</TD>

<TD align="left" valign="top"><DIV style="border-top: 1px solid #000000; width: 75%">&nbsp;</DIV></TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">&nbsp;</TD>
</TR>
<TR valign="bottom">
    <TD valign="top">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD colspan="3" valign="top" align="left">Name: Ronald A. Mayo</TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">&nbsp;</TD>
</TR>
<TR valign="bottom">
    <TD valign="top">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD colspan="3" valign="top" align="left">Title: Vice President and Chief Financial Officer</TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">&nbsp;</TD>
</TR>
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</DIV>


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<DIV style="font-family: Helvetica,Arial,sans-serif">

<DIV align="center">
<TABLE style="font-size: 10pt" cellspacing="0" border="0" cellpadding="0" width="100%">
<!-- Begin Table Head -->
<TR valign="bottom">
    <TD width="28%">&nbsp;</TD>
    <TD width="1%">&nbsp;</TD>
    <TD width="1%">&nbsp;</TD>
    <TD width="1%">&nbsp;</TD>
    <TD width="40%">&nbsp;</TD>
    <TD width="1%">&nbsp;</TD>
    <TD width="26%">&nbsp;</TD>
</TR>
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<TR valign="bottom">
    <TD valign="top"><DIV style="margin-left:0px; text-indent:-0px">&nbsp;
</DIV></TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">&nbsp;</TD>
</TR>
<TR valign="bottom">
    <TD valign="top">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD colspan="3" valign="top" align="left">MEDIANEWS GROUP INTERACTIVE, INC.,<BR>
a Delaware corporation<BR>
MEDIANEWS SERVICES, INC.,<BR>
a Delaware corporation<BR>
NEW ENGLAND INTERNET MEDIA PUBLISHING, INC.,<BR>
a Delaware corporation<BR>
NEW ENGLAND NEWSPAPERS, INC.,<BR>
a Delaware corporation<BR>
TNP PUBLISHING LLC,<BR>
a Delaware limited liability company<BR>
NIMITZ PAPER COMPANY,<BR>
a Delaware corporation<BR>
NORTHWEST NEW MEXICO PUBLISHING COMPANY,<BR>
a Delaware corporation<BR>
RATE WATCH, INC.,<BR>
a Delaware corporation<BR>
UTAH MEDIA, INC.,<BR>
a Delaware corporation<BR>
WEST COAST MEDIANEWS LLC,<BR>
a Delaware limited liability company<BR></TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">&nbsp;</TD>
</TR>
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    <TD>&nbsp;</TD>
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    <TD valign="top"><DIV style="margin-left:0px; text-indent:-0px">&nbsp;
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    <TD align="left" valign="top">By:
</TD>
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    <TD align="left" valign="top">/s/ Ronald A. Mayo</TD>
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    <TD colspan="3" valign="top" align="left">Name: Ronald A. Mayo</TD>
    <TD>&nbsp;</TD>
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    <TD>&nbsp;</TD>
    <TD colspan="3" valign="top" align="left">Title: Vice President and Chief Financial Officer</TD>
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