PRICING SUPPLEMENT NO 3 DATED NOVEMBER 2, 1999 TO PROSPECTUS DATED AUGUST 28, 1998 AND PROSPECTUS SUPPLEMENT DATED SEPTEMBER 24, 1998 THE NEW YORK TIMES COMPANY MEDIUM-TERM NOTES (FIXED RATE) Due more than nine months from date of issue. Principal Amount: $ 49,500,000 Price to Public: 100.00% Agent's Commission: 0.632% Net Proceeds to Issuer: $ 49,187,160 Selling Agents: Morgan Stanley Dean Witter, Chase Securities Inc. Original Issue Date: November 5, 1999 Interest Rate: 7.125% Interest Payment Dates: February 15 and August 15, commencing February 15, 2000 Stated Maturity Date: November 5, 2009 Regular Record Dates: February 1 and August 1 Specified Currency: US Dollars Redeemable by this Company: No Redemption Commencement Date: Not Applicable Redemption Price: Not Applicable Redemption Period: Not Applicable Repayable at the option of No Holder: Repayment Dates: Not Applicable Repayment Prices: Not Applicable Form: /X/ Global Notes / / Certified Discount Rate: None Default Rate: None Other Provisions: The aggregate principal amount of this offering is $49,500,000 and relates only to Pricing Supplement No. 3. Notes may be issued by The New York Times Company in the aggregate principal amount of up to $300,000,000 or its equivalent in one or more currencies or composite currencies. To date, including this offering, an aggregate of $148,500,000 of Notes is outstanding.