1. Creating Cross-Media Synergies Kelsey DDC 2005 Todd Leiser Vice President/General Manager -- Valpak.com

2. SM A Division of Cox Newspapers Over 300 Companies With 76,000 Employees World’s Largest Wholesale Automobile Auctions Cyber Auctions AutoTrader.com Who We Are 82 Radio StationsCable Television: 6 million+ homes in 23 states High Speed Internet Access Local, Long Distance & Wireless Phone Service Newspapers: 17 dailies, 28 weeklies Production Company 15 Television Stations

3. 45 million monthly household circulation 11.6x per year frequency 18 billion coupons mailed annually 200 Franchises/1200 Sales Reps 37 Year history

5. Valpak ® Television Partners

6. Valpak ® & CBS January 2003 January 2004 September 2003 September 2004 January 2005 September 2005

8. Valpak ® Hollywood Partners

9. Newspaper Partners

10. So?

11. Local Sales

14. Thank You!