News Releases

DES MOINES, Iowa, July 10 /PRNewswire-FirstCall/ -- Meredith Corporation (NYSE: MDP) will webcast its fiscal 2007 fourth quarter earnings conference call at 11:00 a.m. ET on Wednesday, July 25, 2007. That morning, before the market opens, the Company will release its results for the fourth quarter and fiscal year ended June 30, 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 August 8, 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 25 subscription magazines -- including Better Homes and Gardens, Ladies' Home Journal, Family Circle, Parents, American Baby, Fitness and More -- and publishes more than 200 special interest publications under approximately 80 titles. Meredith has more than 400 books in print. Meredith owns 13 television stations, including properties in top-25 markets Atlanta, Phoenix and Portland, OR. Additionally, Meredith has an extensive online presence that includes more than 30 Web sites and two broadband channels -- Better.tv and Parents.tv.

Meredith Integrated Marketing has established marketing relationships with some of America's leading companies. 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 conduct precise targeted-marketing campaigns. Meredith publishes five Spanish-language titles, making Meredith the leading publisher serving Hispanic women in the United States.

SOURCE: Meredith Corporation

CONTACT: Shareholder-Financial analysts, Mike Lovell, Director of
Investor Relations, Mike.Lovell@Meredith.com, or Media, Art Slusark,
VP-Corporate Communications, Art.Slusark@Meredith.com, both of Meredith
Corporation, +1-515-284-3622

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