ADD/Central Newspapers reports revenues for four weeks ended Aug. 25, 1996.

INDIANAPOLIS--(BUSINESS WIRE)--Sept. 12, 1996-- -0-

                  PERIOD REVENUE AND STATISTICAL REPORT
                                 (Unaudited)

                              FOUR WEEKS ENDED          34 WEEKS ENDED
PERIOD REVENUE AND STATISTICAL REPORT
(Unaudited)

                              FOUR WEEKS ENDED          34 WEEKS ENDED
                             August    August    %      Year-to-Date      %
                               25,       20,
                         1996     1995        Change    1996     1995  Change

CONSOLIDATED REVENUES -
NET:
         (in thousands)
    Advertising        $35,471  $31,263   13.5%  $298,293   $274,702  8.6%
    Circulation          9,863    9,354    5.4%    87,380     82,649  5.7%
    Other                  679      460   47.5%     4,279      2,475  72.9%

      Total           46,013(a)  41,077   12.0%   389,952(a) 359,826  8.4%

AVERAGE PAID CIRCULATION:
  Phoenix:
    Morning          374,053    352,049    6.3%    406,363   392,205   3.6%

    Evening           41,203     68,449   -39.8     53,753   75,834  -29.1%

    Sunday           540,150    540,971   - 0.2%   584,017  589,805   -1.0%

  Indianapolis:
    Morning          221,199    224,212   - 1.3%   229,628  225,691    1.7%

    Evening           52,342     73,186   -28.5%    57,123   76,089 - 24.9%

    Sunday           415,805    395,407     5.2%   404,266  397,346    1.7%

ADVERTISING LINAGE FOR
MAJOR DAILIES: (thousands of
inches)
  Full run ROP:
    Retail             226.3      213.6     5.9%   1,993.0  2,101.1  - 5.1%

    National            32.9       16.4   100.6%     257.1    186.3   38.0%

    Classified         290.9      282.9     2.8%  2,406.9   2,292.2    5.0%

      Total            550.1      512.9     7.3%  4,657.0   4,579.6    1.7%

  Part run ROP         152.7      169.8  - 10.1%  1,424.7   1,479.2   -3.7%

FULL RUN LINAGE FOR
 MAJOR MARKETS:
  Phoenix              317.2      309.2     2.6%  2,845.8    2,813.9   1.1%

  Indianapolis         232.9      203.7    14.3   1,811.2    1,765.7  2.6%

     Total             550.1      512.9     7.3%  4,657.0    4,579.6  1.7%

NUMBER OF PREPRINTS      429         423    1.4%    3,327    3,439  - 3.3%
DISTRIBUTED

(a)Amounts include $1.4 million in the 1996 four week period and $8.7 million
in the 1996 year to date period of revenues from the acquisition of the
Alexandria Daily Town Talk which occurred in March 1996.

CONTACT: Arthur Schmidt & Associates Inc., New York

212/953-5555