FOR IMMEDIATE RELEASE
Friday, Jan. 4, 2002

Media General To Release Earnings on Jan. 31

RICHMOND, Va. — Media General (NYSE: MEG) will release fourth-quarter and full-year 2001 earnings after the market opens on the morning of Thursday, Jan. 31. The company will discuss earnings and other financial results during a conference at 2:30 p.m. EST on the same day.

J. Stewart Bryan III, Media General's chairman and chief executive officer, will conduct the conference along with Marshall N. Morton, the company's vice chairman and chief financial officer, and Reid Ashe, Media General's president and chief operating officer.

To listen to a webcast of the conference, go to www.mediageneral.com and click on the "Live Earnings Conference" link at the top of the homepage about 10 minutes in advance. The company also will provide access to the conference via a limited number of listen-only telephone lines. To access one of these lines, dial (877) 310-1537 about 10 minutes in advance. A replay of the webcast will be available at www.mediageneral.com beginning at 6 p.m. on Jan. 31.

About Media General
Media General is an independent communications company situated primarily in the Southeast with interests in newspapers, television stations, interactive media and diversified information services. The company's publishing assets include The Tampa Tribune, the Richmond Times-Dispatch, the Winston-Salem Journal and 22 other daily newspapers in Virginia, North Carolina, Florida, Alabama and South Carolina, as well as nearly 100 other periodicals and a 20 percent interest in The Denver Post. Media General's 26 network-affiliated television stations reach more than 30 percent of the television households in the Southeast, and nearly 8 percent of those in the United States. The company's extensive interactive media offerings include more than 50 online enterprises. Media General also has a 33 percent interest in SP Newsprint Co., which operates newsprint mills in Dublin, Ga., and Newberg, Ore.

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