News Releases

DES MOINES, Iowa, Sept. 26 /PRNewswire-FirstCall/ -- Meredith Corporation (Meredith or the Company) (NYSE: MDP) filed its Annual Report on Form 10-K (including complete audited financial statements) for the year ended June 30, 2006, with the Securities and Exchange Commission ("SEC") on September 5, 2006.

The Company makes available, free of charge via its web site, all Annual Reports on Form 10-K, Quarterly Reports on Form 10-Q, Current Reports on Form 8-K and other information filed with, or furnished to, the Securities and Exchange Commission (SEC), including amendments to such reports. This information is available at http://www.meredith.com/ as soon as reasonably practicable after it is electronically filed with, or furnished to, the SEC.

Alternatively, shareholders may receive a printed copy of the Annual Report on Form 10-K, which includes the Company's audited financial statements, free of charge upon request. Written requests should be sent to Investor Relations, Meredith Corporation, 1716 Locust Street, Des Moines, Iowa 50309. Requests can also be submitted online at the Investor Information section of http://www.meredith.com/ .

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 14 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 Contact, Alexis Hennig,
Investor Relations, +1-515-284-3860, or alexis.hennig@meredith.com , or Media
Contact, Art Slusark, Vice President-Corporate Communications,
+1-515-284-3404, or art.slusark@meredith.com , both of Meredith Corporation

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