GCI Reports Total Pro Forma

Gannett Co. (NYSE: GCI) reported that total pro forma operating revenues for the second period ended February 26, 2006 were up 0.4 percent reflecting higher ad demand in broadcasting and gains in classified advertising at its domestic community newspapers partially offset by lower ad demand at its UK properties. For comparison purposes, the exchange rate of Sterling year-over-year affected results for the company's UK operations. If the exchange rate had remained constant year-over-year, total pro forma operating revenues would have increased 1.5 percent.

GCI saw pro forma newspaper advertising revenues in February decreased 2.8 percent compared with the same period in 2005 on declines of 3.4 percent in ROP volume and 2.7 percent in preprint distribution.

GCI saw pro forma national advertising revenues decreased 2.6 percent on a 7.3 percent decrease in ad volume. National volume at the company's local domestic newspapers was 7.5 percent lower in the period compared with the same interval in 2005.

GCI saw pro forma broadcasting revenues were up 32.6 percent in the second period as our NBC affiliates benefited from Winter Olympics related advertising. Compared to the same period in 2005, local television revenues were up 28.9 percent while national revenues were 45.5 percent higher.

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