Released: 01/07/2008

SACRAMENTO, Calif., Jan. 7 -- The McClatchy Company (NYSE: MNI) today announced that Jennifer Brumgardt, vice president, finance, at The Fresno Bee, will become director of McClatchy's internal audit department effective Feb. 11. She replaces Hai Nguyen, who has been promoted to controller.

Brumgardt, 36, has been the top finance executive at The Fresno Bee since May 2004. She joined the Bee that year from McClatchy's corporate offices, where she had worked as a senior internal auditor since 2001.

"It's a pleasure to welcome Jennifer back to the corporate finance team," said Pat Talamantes, McClatchy's chief financial officer. "She is a talented, energetic leader who has earned the respect and admiration of her finance colleagues throughout McClatchy. Jennifer not only has strong auditing skills but a deep knowledge of operational issues, which will greatly benefit the internal audit department."

Prior to her six years with McClatchy, Brumgardt worked for five years in public accounting with regional and local accounting firms in South Carolina and was a senior budget analyst for the County of Charleston, S.C. She is a certified public accountant.

Brumgardt earned a bachelor's degree in accounting and business administration from the College of Charleston and a master's degree in accountancy from the University of Charleston. She was born in Augusta, Ga., and grew up in Charleston.

About McClatchy:

The McClatchy Company is the third largest newspaper company in the United States, with 31 daily newspapers, approximately 50 non-dailies and direct marketing and direct mail operations. McClatchy also operates leading local websites in each of its markets which complement its newspapers and extend its audience reach in each market. Together with its newspapers and direct marketing products, these operations make McClatchy the leading local media company in each of its premium high growth markets. McClatchy-owned newspapers include The Miami Herald, The Sacramento Bee, the Fort Worth Star-Telegram, The Kansas City Star, The Charlotte Observer, and The (Raleigh) News & Observer.

McClatchy also has a portfolio of premium digital assets. Its leading local websites offer users information, comprehensive news, advertising, e-commerce and other services. The company owns and operates McClatchy Interactive, an interactive operation that provides websites with content, publishing tools and software development. McClatchy operates Real Cities (http://www.RealCities.com), the largest national advertising network of local news websites and owns 14.4% of CareerBuilder, the nation's largest online job site. McClatchy also owns 25.6% of Classified Ventures, a newspaper industry partnership that offers classified websites such as the nation's number two online auto website, cars.com, and the number two rental site, apartments.com. McClatchy is listed on the New York Stock Exchange under the symbol MNI.

SOURCE The McClatchy Company

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