9 on the B.E.com . With 2004 revenue of $1.

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100s report. to The New York Times Company. PRIMEDIA Enthusiast Media includes more than 120 consumer
magazines, with well-known brands such as Motor Trend, Automobile,
Creating Keepsakes, In-Fisherman, Power + Motoryacht, Hot Rod,
Snowboarder, Stereophile and Surfer.

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For the fifth consecutive year, the Company was ranked No.

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Brown Capital Management Inc.com and
Boston .

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E.nytco.

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3 on the B.

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The Company's core purpose is to enhance society by
creating, collecting and distributing high-quality news, information
and entertainment.

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Business Editors

NEW YORK----The New York Times
Company and PRIMEDIA Inc.

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E. of Baltimore ranked No.

For a complete list of all Maryland-based companies ranked in the B.
1 in the publishing industry in Fortune's 2005 list of America's Most
Admired Companies.

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100s
total 280 businesses, which include 100 industrial /service companies, 100 auto
dealerships, 65 financial service firms and 15 advertising agencies.

Banks list with nearly
$235 million in assets. 4 on the B.

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The listing is recognized as the most
respected measure of black-owned business performance. Industrial/Service list
and is Maryland 's largest African American-owned company reporting nearly
$364 million in sales for 2004.
The complete listing, including eligibility requirements and criteria, is
available in the June issue of BLACK ENTERPRISE on newsstands now.

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BLACK ENTERPRISE Issues 33rd Annual Report on Black-Owned Businesses

NEW YORK, Ten Maryland-based firms are among the
nations leading African American -owned businesses, according to the BLACK
ENTERPRISE 33rd annual B.100s
report, please contact Andrew Wadium at (212) 886-9598 or email
wadiuma@blackenterprise.

1 publisher and distributor of free consumer guides, with
Apartment Guide, Auto Guide and New Home Guide.

This press release can be downloaded from www.

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10 on the B.E.
Bethesda-based Equals Three Communications Inc.
Advertising Agencies list with $50 million in billings for 2004.

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PRIMEDIA Education includes Channel One and other educational
products.

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SYNCOM of Silver Spring is Maryland's largest African American -owned
private equity firm and ranks No.

The New York Times Company and PRIMEDIA Complete About.com Transaction

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E. Asset
Managers list with over $5 billion in assets under management. PRIMEDIA Consumer Guides is the
No.

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8 on the B.
PRIMEDIA (NYSE: PRM) is the leading targeted media company in the
United States.

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The Harbor Bank of Maryland ranks No.3 billion, includes The New York Times , the
International Herald Tribune, The Boston Globe, 16 other newspapers,
eight network-affiliated television stations, two New York City radio
stations and more than 40 Web sites, including NYTimes .com

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Ten Maryland-Based Companies Among The Nation's Top Grossing Black-Owned Businesses

The New York Times Company (NYSE: NYT), a leading media company
with 2004 revenues of $3.

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Radio One Inc. announced today the closing of the sale of
About, Inc.3 billion, our properties
comprise more than 200 brands that connect buyers and sellers in more
markets than any other media company through our print publications,
Web sites, events, newsletters and video programs in four business
segments: Enthusiast Media, Consumer Guides, Business Information, and
Education.

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ranked No.E.com. PRIMEDIA Business
Information has more than 60 publications in 18 market sectors.

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Overall , the B. Private Equity list with
$250 million in capital under management.

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E. of Lanham ranked No .E.

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