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Morris Publishing Enters Restructuring Support Agreement With Group of Bondholders

AUGUSTA, GA — November 2, 2009 — Morris Publishing Group, LLC announced that it has agreed to the terms of a definitive restructuring support agreement with the holders of over seventy percent of the outstanding $278.5 million aggregate principal amount of Morris Publishing's 7% Senior Subordinated Notes Due 2013 (the "Existing Notes").

Morris Publishing Announces Refinancing and Amendment of Senior Secured Indebtedness and Extension of Forbearance

AUGUSTA, GA — October 15, 2009 — Morris Publishing Group, LLC announced today that it has consummated a refinancing transaction involving the acquisition and amendment of its existing $136.5 million senior secured indebtedness, after which an affiliate of ACON Investments LLC owns $19.7 million of Tranche A senior debt, a Morris affiliate owns $6.8 million of Tranche B senior debt and Morris affiliates own $110 million of Tranche C senior debt.

Morris Publishing Obtains Extension of Waiver Period on Overdue Interest Payments

AUGUSTA, GAOctober 2, 2009 Morris Publishing Group, LLC announced today that its senior bank group has agreed to extend until October 9, 2009 the waiver of the cross defaults arising from the overdue interest payments on its senior subordinated notes. Morris Publishing previously obtained forbearance until October 16, 2009 with respect to such overdue interest payments from holders of over seventy-five percent of the senior subordinated notes.

Morris Publishing Obtains Extension of Forbearance Period on Overdue Interest Payment

AUGUSTA, GA Morris Publishing Group, LLC announced today that it has obtained an extension until September 25, 2009 to make two semi-annual interest payments of $9.7 million on its senior subordinated notes originally due Feb. 1, 2009 and August 3, 2009. The holders of more than 80 percent of the outstanding amount of senior subordinated notes have agreed to extend the forbearance period for these payments.

Morris Publishing Announces Agreement with Committee of Bondholders

AUGUSTA, GA September 25, 2009 Morris Publishing Group, LLC announced today that it has agreed to the terms of a restructuring agreement with the holders of over seventy-five percent of its outstanding senior subordinated notes. If the restructuring is approved, the holders of the $278.5 million in outstanding notes would exchange their existing notes for $100 million of new second lien secured notes.

Morris Publishing Obtains Extension of Forbearance Period on Overdue Interest Payment

AUGUSTA, GA — September 18, 2009 — Morris Publishing Group, LLC announced today that it has obtained an extension until September 18, 2009 to make two semi-annual interest payments of $9.7 million on its senior subordinated notes originally due Feb. 1, 2009 and August 3, 2009. The holders of more than 80 percent of the outstanding amount of senior subordinated notes have agreed to extend the forbearance period for these payments.

Morris Publishing Obtains Extension of Forbearance Period on Overdue Interest Payment

AUGUSTA, GA Morris Publishing Group, LLC announced today that it has obtained an extension until September 11, 2009 to make two semi-annual interest payments of $9.7 million on its senior subordinated notes originally due Feb. 1, 2009 and August 3, 2009. The holders of more than 80 percent of the outstanding amount of senior subordinated notes have agreed to extend the forbearance period for these payments.

Morris Publishing Obtains Extension of Forbearance Period On Overdue Interest Payment

AUGUSTA, GA Morris Publishing Group, LLC announced today that it has obtained an extension until September 4, 2009 to make two semi-annual interest payments of $9.7 million on its senior subordinated notes originally due Feb. 1, 2009 and August 3, 2009. The holders of more than 80 percent of the outstanding amount of senior subordinated notes have agreed to extend the forbearance period for these payments.

Morris Publishing Obtains Extension of Forbearance Period on Overdue Interest Payment

AUGUSTA, GA Morris Publishing Group, LLC announced today that it has obtained an extension until August 28, 2009 to make two semi-annual interest payments of $9.7 million on its senior subordinated notes originally due Feb. 1, 2009 and August 3, 2009. The holders of more than 80 percent of the outstanding amount of senior subordinated notes have agreed to extend the forbearance period for these payments.

Morris Publishing Obtains Extension of Forbearance Period on Overdue Interest Payment

AUGUSTA, GA Morris Publishing Group, LLC announced today that it has obtained an extension until August 21, 2009 to make two semi-annual interest payments of $9.7 million on its senior subordinated notes originally due Feb. 1, 2009 and August 3, 2009. The holders of more than 80 percent of the outstanding amount of senior subordinated notes have agreed to extend the forbearance period for these payments.

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