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Sun-Times Media Group Announces Organizational Changes

Media Company Seeks To Accelerate Decision-Making, Lower Costs

CHICAGO, Mar 03, 2009 (BUSINESS WIRE) -- Sun-Times Media Group, Inc. (Pink Sheets: SUTM) announced organizational and management changes that are intended to help the Company operate more efficiently, accelerate decision-making and increase customer focus by the Company's leadership team. Among the changes announced today:

• John Barron, Publisher of the Chicago Sun-Times, has also been named Publisher of the Pioneer Press division of the Company, in charge of all of Pioneer's weekly publications and North Shore magazine. Larry Green, Pioneer Press' President and Publisher, has announced his retirement from the Company.
• Lisa Tatina has been named Publisher of the Post-Tribune. Ms. Tatina has most recently served as Vice President of Advertising for the Post-Tribune. She replaces Murdoch Davis, who is also leaving the Company.
• Fred Lebolt, who is President/Publisher, Fox Valley Publications & New Media Integration, will also become President and Publisher of the newly formed Sun-Times Media Group Suburban News Division, a combination of what had been the Company's Midwest Suburban Publishing and Fox Valley Publications division. In addition, he will become Publisher of the Lake County News-Sun and SouthtownStar newspapers and online counterparts.
• Barbara Swanson, who is currently Group Vice President of Advertising and Marketing for the Sun-Times News Group, assumes the additional direct responsibilities for all local advertising functions as the Company's new Senior Vice President of Advertising and Marketing for the Sun-Times News Group. The Sun-Times News Group is the principal operating subsidiary of the Company.
• Jerry Alger, former Publisher of the Naperville Sun and current Vice President of Business Operations at the Fox Valley Publications, assumes the new responsibility as the Vice President of Advertising Sales for the Southern Region, which include the SouthtownStar and PennySaver groups. Mr. Alger will report to Ms. Swanson.
• Courtney Price, who is currently Senior Director of Circulation for the Chicago Sun-Times, has been named Vice President of Circulation Sales and Service for the Company, to reflect her additional responsibilities for overseeing all consumer sales and services for all paid publications of the Company. Ms. Price will report to John Barron.

Mr. Barron, Ms. Swanson and Mr. Lebolt all will continue to report to Rick Surkamer, President and Chief Operating Officer of Sun-Times Media Group.

"The Sun-Times News Group has incredible reach among readers and advertisers across the Chicago region and Northwest Indiana. We also have incredible opportunities. These changes give our experienced executives the tools they need to take advantage of those opportunities by allowing them to better focus on customer service and reach quicker decisions that are right for our clients and for the organization," said Mr. Surkamer. "And the organizational changes allow us to accomplish these goals in a more cost-efficient way, a crucial necessity in today's challenging industry environment."

About Sun-Times Media Group

Sun-Times Media Group, Inc. is dedicated to being the premier source of local news and information for the greater Chicago area. Its media properties include the Chicago Sun-Times and Suntimes.com as well as newspapers and Web sites serving more than 200 communities across Chicago. Further information, including updates about the reorganization, can be found at www.thesuntimesgroup.com.

Cautionary Statement on Forward-Looking Statements

Certain statements made in this release are "forward-looking statements" within the meaning of the Private Securities Litigation Reform Act of 1995 (the "Act"). Forward-looking statements include, without limitation, any statement that may predict, forecast, indicate or imply future results, performance or achievements, and may contain the words "believe," "anticipate," "expect," "estimate," "project," "will be," "will continue," "will likely result," "plan," or similar words or phrases. Forward-looking statements involve risks and uncertainties, which may cause actual results to differ materially from the forward-looking statements. The risks and uncertainties are detailed from time to time in reports filed by Sun-Times Media Group with the Securities and Exchange Commission, including in its Forms 10-K and 10-Q. New risk factors emerge from time to time and it is not possible for management to predict all such risk factors, nor can it assess the impact of all such risk factors on the Company's business or the extent to which any factor, or combination of factors, may cause actual results to differ materially from those contained in any forward-looking statements. Given these risks and uncertainties, investors should not place undue reliance on forward-looking statements as a prediction of actual results.

SOURCE: Sun-Times Media Group, Inc.

Sun-Times Media Group, Inc.
Tammy Chase, Director of Corporate Communications
(312) 321-3230 or tchase@suntimes.com

Copyright Business Wire 2009

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