News Releases

DES MOINES, Iowa, March 22 /PRNewswire-FirstCall/ -- Meredith Corporation (NYSE: MDP) will webcast its fiscal 2007 third quarter earnings conference call at 11:00 a.m. ET on Wednesday, April 25, 2007. That morning, before the market opens, the Company will release its results for the fiscal third quarter ended March 31, 2007. The live webcast will be accessible to the public on the Investor Information section of the Company's web site, http://www.meredith.com/ , and an archive will be available through May 9, 2007. A transcript of the call will be posted to the Company's web site as well.

Certain data contained in the earnings release and conference call 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. Financial statements that present GAAP and non-GAAP results and supporting tables that reconcile them 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.

The Company will furnish the earnings release and formal text of the conference call to the SEC as an 8-K. To access the text, go to the Investor Information section of the Company's web site, http://www.meredith.com/ and click on SEC Filings.

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 26 subscription magazines -- including Better Homes and Gardens, Ladies' Home Journal, Family Circle, Parents, American Baby, Fitness, and More -- and publishes over 200 special interest publications under approximately 80 titles. 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, Cindy M. Schaus,
Director - Investor Relations, +1-515-284-2633, cindy.schaus@meredith.com , or
Media Contact, Art Slusark, Vice President Corporate Communications,
+1-515-284-3404, art.slusark@meredith.com , both of Meredith Corporation

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