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Star Tribune Names Michael Riggs CFO

Minneapolis/St. Paul - (February 28, 2006) - Michael J. Riggs has been named senior vice president and chief financial officer at the Star Tribune, Publisher and President J. Keith Moyer announced today.

Riggs, 37, was promoted from his current job as the Star Tribune’s director of interactive media revenue. He replaces Jon Heimerman, who left the company in January.

“Mike is a change agent who has proven himself as both an outstanding financial and sales director,” Moyer said. “He combines keen analytic skills with decisive action and has been a key force in finding new revenue streams for growing our business.”

Riggs joined the Star Tribune as a senior financial accountant in 1996 and has held various financial management jobs. Before moving to interactive advertising sales last year, he was director of business planning for the sales division, responsible for budgeting, forecasting, pricing and strategic sales initiatives.

Riggs, who is a CPA, has also worked in financial jobs at Graco, Inc., Grant Thornton, and Abdo, Abdo and Eick. He has a BS in accounting and an MBA from North Dakota State University.

About the Star Tribune

The Star Tribune Company, a news and information company serving the Minneapolis/St. Paul area, is owned by The McClatchy Company of Sacramento, Calif. (NYSE:MNI). The Star Tribune newspaper is one of the top 20 largest newspapers in the nation, with an average daily circulation of 379,713 and an average Sunday circulation of 666,683 (per Audit Bureau of Circulations audit for 52-weeks ending 03/27/05). The company’s website, www.StarTribune.com, is the most frequently used local news and information service for the Twin Cities market. The Star Tribune Foundation has been supporting Twin Cities’ communities since 1945 and currently distributes about $3 million annually. On the Net: The Star Tribune Company: www.startribunecompany.com/company/, and The McClatchy Company: www.mcclatchy.com.

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Contact Ben Taylor
Phone: (612) 673-7457
Email: btaylor@startribune.com




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