Legacy.com Deepens Partnership With Chicago Tribune and Closes Additional Financing

Agreement Attributes Value to Distributing Death Notices on the Web And Provides Best of Breed Services to Consumers Honoring Loved Ones

EVANSTON, Ill., Feb. 21 /PRNewswire/ -- Legacy.com, a full-service Web site that provides online access to obituaries, announced today that the Chicago Tribune and chicagotribune.com will be the first Tribune Company (NYSE: TRB - news) businesses to provide online access to death notices and all products offered by Legacy.com. In addition, Legacy has secured additional financing through a round of investment led by Tribune Ventures.

By March 1, 2001, death notices published in the Chicago Tribune will be available on chicagotribune.com and within the Legacy.com network. The companies will co-brand the obituary section of chicagotribune.com. Not only will consumers have online access to current Chicago Tribune obituary information, but will also be provided access to guest books and other Legacy.com products. Other Tribune properties are planning similar partnerships with Legacy.com. This model is yet another example of the evolution of classified categories to the web, attributing value to online distribution.

``By strengthening our relationship with Tribune, one of the nation's leading media companies, we feel well-positioned to expand our dominance of the growing online memorial category,'' says Stopher Bartol, chief executive officer of Legacy.com

``This additional investment in Legacy.com supports our strategy of partnering with emerging companies that are compatible with Tribune's core media businesses,'' says Randy Glein, vice president of Tribune Ventures. ``In addition, this content sharing agreement allows Tribune Co. to leverage both print and interactive mediums, initially via Chicago Tribune and chicagotribune.com, to provide a valuable service to consumers honoring the loss of a loved one.''

Legacy.com, based in Evanston, Ill., is the fastest- growing online complement to standard print obituaries. Operating since 1998, Legacy.com offers services through funeral homes across the country. In addition to permanent online memorials and guest books, Legacy.com provides funeral service information, including times and directions, and information about charities and florists. The site links to more than 1,000 obituary sections of newspapers nationwide.

Tribune Ventures

Tribune Ventures, the strategic investment unit of Tribune Company, invests in and partners with emerging new-media and technology companies across the U.S. that build and support Tribune's media businesses. In addition, Tribune Ventures is an active investor in early-stage Internet and technology companies based in the Midwest and on the East Coast. Tribune Ventures' public portfolio of equity investments includes AOL Time Warner, Excite@Home, iVillage, Lightspan and 24/7 Media. Private holdings include Dotcast, Dynamic Trade, The FeedRoom, iExplore and ReplayTV.

TRIBUNE

Tribune (NYSE: TRB - news) is one of the country's premier media companies, operating businesses in broadcasting, publishing and on the Internet. It reaches nearly 80 percent of U.S. households on a daily basis, and is the only media company with television stations, newspapers and Web sites in the nation's top three markets. Tribune's annual revenues total $6 billion and the company employs more than 24,000 people nationwide. More information on Tribune is available on the Internet at www.tribune.com .