JOURNAL REGISTER CO(NYSE: JRC) (JRC)

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STRONG BUY ALERT '"" JRC """
NEWS OUT to CONTROL JRC stocks

Journal Register Company Hires Lazard Freres as Its Financial Advisor

Journal Register Company (NYSE: JRC) announced today that it hired Lazard Freres & Co. LLC as its financial advisor. James W. Hall, Chairman & Chief Executive Officer, stated, "Lazard Freres will help us evaluate our strategic options. While we are concerned about the state of the overall economy and the environment for print advertising, we generated $90.3 million of EBITDA in 2007, well in excess of our $38.5 million interest expense, reduced debt by $105 million during 2007 and have no scheduled principal payments due until the second quarter of 2009."

The Company has no debt for money borrowed except under its amended and restated credit agreement with JPMorgan Chase Bank, N.A., as administrative agent.,
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http://www.lazard.com/

Lazard, one of the world's preeminent financial advisory and asset management firms, operates from 39 cities across 21 countries in North America, Europe, Australia, Asia and South America. With origins dating back to 1848, the firm provides advice on mergers and acquisitions, restructuring and capital raising, as well as asset management services, to corporations, partnerships, institutions, governments and individuals.

Lazard recently acquired Carnegie Wylie, Australia's leading independent financial advisory firm. Click here to visit Lazard Carnegie Wylie's website.

On August 13, 2007, Lazard acquired Goldsmith Agio Helms, a U.S.-based middle market investment bank. Click here to visit the Goldsmith Agio Helms website