The enhanced CareerBuilder company ć led by Chairman and CEO Rob McGovern ć provides the industry¼s most targeted recruiting results for employers. For job seekers, the company¼s goal is to be the consumer¼s first and only choice for finding new jobs and obtaining advice and information on career management and advancement throughout one¼s career-building experience.

"We¼re primed to take the top spot in the online recruiting industry," McGovern said. "The new CareerBuilder launches with the strength and nationally recognized power of the CareerBuilder and CareerPath brands along with the well established local presence, reach and customer relationships of Knight Ridder and Tribune."

The new company ć out of the gate ć will attract more than 5 million monthly visitors. "This places the new CareerBuilder firmly in the No. 2 position amongst industry leaders, with our aim squarely on the top spot," McGovern noted.

The new company will also provide services that take advantage of national and local relationships and strategies. With a network of affiliate partnerships already in place prior to the merger agreement, CareerBuilder will offer unparalleled coverage and penetration with the addition of Knight Ridder¼s and Tribune¼s online and off-line employment assets including their 35 plus newspapers. Knight Ridder¼s and Tribune¼s 35 online local career centers ć including latimes.com, chicagotribune.com, BayArea.com and Philly.com ć will now be co-branded and supported by CareerBuilder. In total, the new CareerBuilder Network will reach more than 70 career centers, including top brand names on the Web such as MSN, Bloomberg and iVillage.com.

CareerBuilder Inc. is a leading provider of targeted Web recruiting and attracts more than 5 million monthly visitors to its CareerBuilder Network. Careerbuilder.com and its Mega Job SearchSM technology open a world of opportunity for job seekers with a targeted search of nearly every job on the Internet. CareerBuilder also provides personalized career services and advice. The CareerBuilder Network includes careerbuilder.com ć the flagship career center ć and over 70 affiliate career sites including MSN, Bloomberg, USATODAY.com, NBC, iVillage.com and the nation¼s leading local online employment centers. Employer customers include AT&T;, AOL, Merrill Lynch, Ernst & Young and EDS. CareerBuilder is headquartered in Reston, Va., and has offices nationwide. Visit CareerBuilder today at www.careerbuilder.com.

CareerBuilder is a registered trademark of CareerBuilder Inc. Mega Job Search, and "my careerbuilder" are service marks of CareerBuilder Inc. All other trademarks mentioned in this document are the property of their respective owners. SOURCE CareerBuilder Inc.

Knight Ridder (NYSE: KRI) is the nation's second-largest newspaper publisher, with products in print and online. The company publishes 32 daily newspapers in 28 U.S. markets, with a readership of 8.7 million daily and 12.9 million Sunday. Knight Ridder also has investments in a variety of Internet and technology companies and two newsprint companies. KnightRidder.com, its Internet subsidiary, manages the company's Internet operations. These include a variety of online services, among them Real Cities, a national network of local and regional Web sites. Real Cities services include news, classified ads, entertainment, shopping, search, community publishing, Internet access and archives. The network comprises 28 KnightRidder.com regional Web sites including content from 31 Knight Ridder owned newspapers. In addition the network includes 5 non-Knight Ridder partners enabling it to cover 36 U.S. markets. Both Knight Ridder and KnightRidder.com are headquartered in San Jose, Calif.

Tribune (NYSE: TRB) is a leading multimedia company with businesses in 23 major U.S. markets, including 18 of the top 30. Through its television and radio broadcasting, publishing and interactive operations, Tribune reaches nearly 80 percent of U.S. households daily. Tribune Interactive operates leading interactive news and information sites in major markets across the United States, and ranks among the top 25 news/information/entertainment networks in the United States. Tribune Ventures is an industry leader in venture partnerships with new-media and technology companies. Tribune has $6 billion in revenues and more than 30,000 employees. A Fortune 500 company in 2000, Tribune, for the third straight year, ranked No. 1 among its industry peers in Fortune magazine's list of most-admired companies in America.

CareerPath.com, founded in 1995, is owned by Knight Ridder and Tribune.

CONTACT:

Barry Lawrence CareerBuilder (703)259-5793 barry.lawrence@careerbuilder.com