1 AMENDMENT OF PULITZER RETIREMENT SAVINGS PLAN Pursuant to resolutions adopted on January 24, 1995 by the Board of Directors of Pulitzer Publishing Company, the Pulitzer Retirement Savings Plan (the "Plan") is hereby amended as follows: 1. The monthly Employer Profit Sharing Contributions for participants who are members of the St. Louis Newspaper Guild shall be $50 effective February 1, 1995. 2. Schedule B annexed to the Plan is revised accordingly. PULITZER PUBLISHING COMPANY By: /s/ Ronald H. Ridgway -------------------------------- Ronald H. Ridgway Senior Vice President - Finance 2 SCHEDULE B PULITZER RETIREMENT SAVINGS PLAN SPECIAL RULES FOR EMPLOYER PROFIT SHARING CONTRIBUTIONS The following special rules apply to Section 3.03 of the Plan: 1. There are no Employer Profit Sharing Contributions for Participants who are Employees of Pulitzer Broadcasting Company (except Participants who are Employees of the Pulitzer Broadcasting Corporate Group), KOAT Television, Inc., KETV Television, Inc., WGAL-TV, Inc., Phoenix Broadcasting, Inc., WDSU Television, Inc., and Star Publishing Company. 2. The Employer Profit Sharing Contribution for each Participant who is a non-union Employee of Pulitzer Community Newspapers, Inc. is 2% of the Employee's Base Compensation (excluding for this purpose 1/3 of the Employee's commission income). 3. The Company will make monthly Employer Profit Sharing Contributions on behalf of its covered union Employees included in the following bargaining units in the amounts set forth opposite the names of the unit: Monthly Employer Profit Sharing Effective Bargaining Unit Contribution Date - --------------------- ------------------------ ------------ St. Louis Typographical $30 3/1/88 Union No. 8 $40 3/1/90 $50 3/1/92 Miscellaneous Drivers, Helpers, $30 3/1/88 Health Care and Public $40 3/1/90 Employees Local No. 610 $50 1/1/93 International Union of $30 3/1/88 Operating Engineers Local No. 2 $40 3/1/92 St. Louis Newspaper Guild $30 3/1/88 No. 47 $40 4/1/90 $50 2/1/95 3 SCHEDULE B PULITZER RETIREMENT SAVINGS PLAN SPECIAL RULES FOR EMPLOYER PROFIT SHARING CONTRIBUTIONS Monthly Employer Profit Sharing Effective Bargaining Unit Contribution Date - --------------------- ------------------------ ------------ International Brotherhood of $30 3/1/88 Electrical Workers Local No. 1 $40 1/1/91 Communications Workers of $30 3/1/88 America, AFL-CIO CLC $40 2/1/91 Local 14620 (Mailers) $50 2/1/93 International Brotherhood of Firemen & Oilers, Local No. 7 $30 3/1/88 International Association of Machinists & Aerospace Workers, $30 3/1/88 District 9 $40 3/1/96 Graphics Communications $30 3/1/88 International Union, Local No. $40 5/1/91 38N (Pressmen) $50 5/1/93 Graphics Communications International Union, Local No. $30 3/1/88 38N (Job Printing Pressmen) $40 7/1/91 Graphics Communications International Union, Local No. 16H (Paperhandlers) $30 3/1/88 Graphics Communications $30 3/1/88 International Union, Local No. $40 10/1/94 505 (Photomechanical) $50 1/1/96