American Community Newspapers LLC-Minnesota Sun Newspapers acquires Monticello Times and Sunday Shopper

5/31/2004

Monticello, Minnesota — Minnesota Sun

Newspapers-American Community Newspapers LLC has acquired the Monticello

Times and Sunday Shopper from Donald and Nancy Smith. The Monticello

Times is a 3,300 paid weekly, The Sunday Shopper is delivered to a wide

area of 26,000 homes in Wright and Sherburne Counties. The publications

in Monticello serve a rapidly expanding residential, commercial and

industrial population along the high-growth I-94 freeway corridor

between the Twin Cities and St. Paul. Over 1,000 new deliveries of the

Monticello Shopper have been annually added to assure delivery to all

new homes in the Monticello-Big Lake area.

With this acquisition the Minnesota Group, is comprised of 43 weekly

newspapers, one daily newspaper and operates in the area as Sun

Newspapers, The Stillwater Daily Gazette, Osseo Sun Press, Waconia Sun

Patriot and Stearns County Publishing with a combined weekly circulation

of approximately 464,000 homes.

ACN- Kansas City Group which is comprised of 10 weekly newspapers

publishes the weekly Kansas City Jewish Chronicle and Kansas City

Nursing News, the monthly St. Louis Nursing News and a variety of

Chamber of Commerce Guides and annual area guides of interest. The

combined weekly circulation is approximately 215,000 homes.

Star Community Newspapers in Dallas is comprised of one daily

newspaper, The Plano Star Courier, and 14 weekly and twice weekly

newspapers with a combined circulation of approximately 250,000 homes

which serve the fast growing areas of Collin and Denton Counties.

Gene Carr commented “We are privileged to be able to continue the

outstanding work of journalism and the commitment that in serving the

needs of readers, advertisers and other community constituents that the

Monticello Times has done so well. Together American Community

Newspapers have been awarded over 75 awards in journalism, marketing and

sales during the past 12 months. American Community Newspapers has an

aggressive plan to acquire and start new newspapers in Minnesota, the

other markets that we operate in as well as entering into new major

metropolitan markets. The Monticello Times is a great newspaper that

fits well within our acquisition strategy.”

“When the day for parting, after 34 years with the Times came, we

were fortunate that American Community Newspapers expressed interest,”

Smith said. “Our negotiations have been genuine and mutually beneficial.

It was important for us that their leaders share in our optimism about

Monticello’s future and the role their newspaper will have in shaping

this community. “ACN/Sun’s papers immediately to the east of us have

been our good neighbors for all the years I’ve been publisher. Their

advertising reach along the freeway, all the way to the northwest

suburbs, will expand with the Monticello publications. The opportunities

for our advertisers will be greater than ever with their acquisition.”

About ACN

ACN is a group of 67 weekly suburban newspapers, 2 daily newspapers

and 3 niche publications, and operates as three distinct newspaper

clusters with a combined weekly circulation of approximately 900,000

homes. The groups are located in Minneapolis- St Paul (Sun Newspapers),

Kansas City (Sun Publications) and in the northern Dallas region (Star

Community Newspapers). For more information go to www.americancommunitynewspapers.com.