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Board of Directors Declares Quarterly Dividend

ARLINGTON, Va. — A dividend increase was approved today by the Board of Directors of Gannett Co., Inc., the 30th increase since Gannett became a public company in 1967.

The new quarterly dividend of 20 cents per share, up from 19 cents, is payable Oct. 1, 1998 to shareholders of record on Sept. 11, 1998.

The directors met in regular session today.

Gannett is a nationwide news and information company that publishes 84 daily newspapers, including USA TODAY, and USA WEEKEND, a newspaper magazine. Gannett also operates 21 television stations and cable television systems in five states.