News Releases

DES MOINES, Iowa, Sept. 7 /PRNewswire-FirstCall/ -- Meredith Corporation (NYSE: MDP) will webcast its Annual Analyst Day/Investor Conference on Tuesday, September 12, 2006, from 8:30 a.m. to approximately 11:00 a.m. (EDT). The webcast will be accessible to the public at http://www.meredith.com/ and a replay will be available for one week after the presentation.

Certain data contained in the Company's presentation will be in conformance with Regulation G, in which the SEC addresses the usage and disclosure of non-GAAP (generally accepted accounting principles) financial results. Reconciliations of GAAP and non-GAAP results will be posted on the Company's web site. To access this data, go to the Investor Information section of the Company's web site and click on GAAP-Non-GAAP Reconciliation.

ABOUT MEREDITH CORPORATION

Meredith ( http://www.meredith.com/ ) is one of the nation's leading media and marketing companies with businesses centering on magazine and book publishing, television broadcasting, integrated marketing and interactive media. The Meredith Publishing Group features 25 subscription magazines -- including Better Homes and Gardens, Ladies' Home Journal, Family Circle, Parents, American Baby, Fitness, and More -- and approximately 200 special interest publications. Meredith owns 13 television stations, including properties in top-25 markets Atlanta, Phoenix and Portland.

Meredith has more than 400 books in print and has established marketing relationships with some of America's leading companies including The Home Depot, DIRECTV, DaimlerChrysler, Wal-Mart and Carnival Cruise Lines. Meredith's consumer database, which contains approximately 85 million names, is one of the largest domestic databases among media companies and enables magazine and television advertisers to target marketing campaigns precisely. Additionally, Meredith has an extensive Internet presence that includes 31 web sites and strategic alliances with leading Internet destinations. Meredith Hispanic Ventures publishes five Spanish-language titles, making Meredith the leading publisher serving Hispanic women in the United States.

SOURCE: Meredith Corporation

CONTACT: Shareholder and Financial Analyst, Jim Jacobson, Director of
Investor Relations, +1-515-284-2633, jim.jacobson@meredith.com , or Media, Art
Slusark, Vice President-Corporate Communications, +1-515-284-3404,
art.slusark@meredith.com , both of Meredith Corporation

Web site: http://www.meredith.com/