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Board of Directors Declares Quarterly Dividend

ARLINGTON, VA – A quarterly dividend of 22 cents per share was approved today by the Board of Directors of Gannett Co., Inc. The dividend is payable on April 2, 2001, to shareholders of record on March 9, 2001.

The directors met in regular session today.

Gannett Co., Inc. is an international news and information company that publishes 99 daily newspapers in the USA, including USA TODAY, the nation’s largest-selling daily newspaper. The company also owns in excess of 300 non-daily publications in the USA and USA WEEKEND, a weekly newspaper magazine. In the United Kingdom, Gannett subsidiary Newsquest plc publishes nearly 300 titles, including 15 daily newspapers. Gannett also operates 22 television stations in the United States and is an Internet leader with sites sponsored by most of its TV stations and newspapers including, one of the most popular news sites on the web.