For fiscal 2005, Meredith expects diluted earnings per share to
approximate $2.meredith.

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About Reviews. Meredith will furnish its prepared remarks to the SEC as an 8-K. These statements are based on management's current
knowledge and estimates of factors affecting the Company's operations.

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reviews.

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Meredith Corporation Updates Financial Outlook

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50, which is consistent with the Company's prior guidance.
Meredith earned $2.

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Hot Topics are essays that focus on emergent areas of computer science, and
are updated on a regular basis.
For fiscal 2006, Meredith believes earnings per share growth will range
from 8 to 10 percent in the first half of the year reflecting the absence of
political advertising.80 .

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reviews.
The Company's presentation is accessible to the public via webcast at
http://www . Meredith owns or operates 14 television
stations including properties in top-25 markets such as Atlanta, Phoenix and
Portland, and an AM radio station.

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com:

Founded in 1999, Reviews.com is a New York-based publisher of reviews
focusing on academic and professional literature.
Actual results may differ materially from those currently anticipated.

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This is the
second essay to be published in Hot Topics, and marks Computing Reviews'
expansion from publishing reviews of articles and books to creating an
additional framework for reviewing topics.
Utilizing the flexibility of online publishing, Hot Topics allow readers to
link to further information and easily expand their exploration .meredith.

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While in the healthy human, the brain and body are in
communication and coordinated, the loss of sensing abilities (deafness) or
motor abilities (paralysis) necessitates the creation of a new channel that
either sends messages from the brain to an engineered device, or supplies
the brain with needed sensory information.

To read "Brain Machine Interfaces," go to http://www.00 per share in fiscal 2004.
Factors that could adversely affect future results include, but are not
limited to, downturns in national and/or local economies; a softening of the
domestic advertising market; world, national, or local events that could
disrupt broadcast television; increased consolidation among major advertisers
or other events depressing the level of advertising spending; the unexpected
loss of one or more major clients; changes in consumer reading, purchase,
and/or television viewing patterns; unanticipated increases in paper, postage,
printing or syndicated programming costs; changes in television network
affiliation agreements; technological developments affecting products or
methods of distribution; changes in government regulations affecting the
Company's industries; unexpected changes in interest rates; and any
acquisitions and/or dispositions. The Company undertakes no obligation to
update publicly any forward-looking statement, whether as a result of new
information, future events, or otherwise.

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The essays are written by leaders in their field, and include
related resources , such as Web pages, articles, books, and conferences.

The "Brain Machine Interfaces" Hot Topic looks at the emerging
possibilities of connecting our brains to the physical world via a direct
digital interface.

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About ACM:

ACM, the premier organization for computing professionals, delivers
resources that advance the computing and IT disciplines, enable
professional development, and promote policies and research that benefit
society. For the second half of the year, the Company expects
earnings per share to increase in the mid-to-high teens.

SAFE HARBOR
This release contains certain forward-looking statements that are subject
to risks and uncertainties.

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Principe of
the University of Florida sets out the essential elements and prospects for
further development in the fascinating arena of brain-machine interface,"
says Carol Hutchins , Editor-in-Chief of Computing Reviews.com and the
Association for Computing Machinery (ACM), and is available for
subscription at http://www.com. The Meredith Publishing Group, the country's foremost home
and family authority, features 20 subscription magazines including Better
Homes and Gardens , Ladies' Home Journal and American Baby and approximately
150 special interest publications.
Meredith 's consumer database, which contains approximately 75 million names,
is one of the largest domestic databases among media companies and enables
magazine and television advertisers to target marketing campaigns precisely.

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PRESS RELEASE Computing Reviews Publishes Hot Topic on Brain Machine Interfaces

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 .

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Computing Reviews is a collaboration between Reviews.

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"Professor Jose C. DES MOINES, Iowa , Meredith Corporation
(NYSE: MDP) updated its financial outlook for fiscal 2005 and 2006 today at
the Mid-Year Media Review in New York City.

ABOUT MEREDITH CORPORATION
Meredith Corporation ( http://www.

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com and click
on Hot Topics in the top navigational bar.
Meredith has approximately 350 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.

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Computing Reviews released "Brain Machine
Interfaces: Mind over Matter" in its new Hot Topics section.

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Statements in this announcement that are forward-looking include, but are not
limited to, the statements regarding the Company's financial outlook for
fiscal 2005 and 2006.

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Its first titles are
community-based services that provide reviews of articles and books in
specific academic disciplines.

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Intended to track the latest developments,
the format of Hot Topics mirrors the fast -changing world of computer
science.

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For the full fiscal
year, the Company believes earnings per share will approximate $2. A replay will be available for one week after the
presentation.

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ACM hosts the computing industry's leading Digital Library, and
serves its global members and the computing profession with publications,
conferences, and career resources.com .
Additionally, Meredith has an extensive Internet presence that includes 26 web
sites and strategic alliances with leading Internet destinations.