Media General Announces Expiration of Tender Offer

Media General, Inc.

announced today that its tender offer to purchase up to $45.2 million of its 11¾% Senior Secured Notes due 2017 expired on July 30, 2012 at 5 p.m. ET.  Media General accepted for purchase $200,000 of notes that were validly tendered and the purchased notes were canceled.  Holders of the validly tendered notes received the announced purchase price of 100% of the principal amount plus accrued and unpaid interest to the date of payment.  All notes not tendered remain outstanding, leaving a principal amount due of $299.8 million.