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Board of Directors Declares Quarterly Dividend

ARLINGTON, Va. – The directors of Gannett Co., Inc., today declared a regular quarterly dividend of 35 cents per share, payable Jan. 2, 1996, to shareholders of record on Dec. 15, 1995.

The directors met in regular session today.

Gannett is a nationwide news and information company that publishes 82 daily newspapers, including USA TODAY, and USA WEEKEND, a newspaper magazine. Gannett also operates 10 television stations, 11 radio stations and the largest outdoor advertising company in North America. On July 24, 1995, Gannett agreed to purchase Multimedia, a diversified media company based in Greenville, S.C.