304 , or dmacy@yogajournal.

publishers era

First of Several Foreign Editions Planned

SAN FRANCISCO , Yoga Journal
(http://www."
"When I started practicing yoga here five years ago, it was hard to find a
teacher.

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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.
Additionally, Meredith has an extensive Internet presence that includes 26 Web
sites and strategic alliances with leading Internet destinations.ru), the largest magazine publisher in Russia , to publish
Yoga Journal in Russian.
Yoga Journal holds several conferences a year, including its annual
Colorado conference.

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The plan is in accordance with Rule 10b5-1 of
the Securities Exchange Act of 1934.com) is the
largest-circulation yoga magazine in the country.

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Rule 10b5 -1 allows corporate officers and directors to adopt written, pre-
arranged stock trading plans for selling specified amounts of stock.

thousands booksellers

It is the first of several foreign language editions
Yoga Journal plans. "They are experts in the production, marketing
and selling of these titles, and we anticipate a highly successful foreign
launch.

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Once adopted,
the participant has no discretion over the shares sold under the plan.
Other foreign editions will launch in Italy and Brazil later this year.

It also produces many best-selling yoga books, videos,
and DVDs, including Yoga Journal's Yoga Step -by-Step: The Total Guide to
Beginning Your Home Practice; Yoga Journal and Lamaze(R) Present Yoga for Your
Pregnancy: Your Guide to Prenatal Fitness and a Healthy Birth; and Yoga
Step-by-Step for Stress Relief.

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S.YogaJournal.
For more information on Yoga Journal, contact Dayna Macy, 415 -591-0555,
ext.

70 thousands

com), the country's most widely read yoga magazine, has
recently entered into an agreement with Independent Media Publishing House
(IMPH) (http://www.
"Independent Media has demonstrated proven expertise in successfully
publishing major international magazines for the Russian market," says John
Abbott, CEO of Yoga Journal.

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The plan
may be entered into only when the officer or director is not in possession of
material, non-public information. Today, yoga has become a health phenomenon in Russia," says Ellen
Verbeek, Creative Director of IMPH.
The magazine is published by Yoga Journal, LLC, based in San Francisco,
California.

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Meredith ( http://www.
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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These options, which represent approximately 16
percent of Kerr's current company holdings, will expire in either July or
August 2006 if not exercised.

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DES MOINES, Iowa , Meredith Corporation
(NYSE: MDP) announced today that Chairman and Chief Executive Officer William
T.

Yoga Journal to Publish a Russian-Language Edition

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Meredith Chairman and CEO William T. Kerr Adopts Plan in Connection with Stock Option Exercise

meredith.yogajournal.

thousands magazines

Kerr has adopted a pre-arranged stock option trading plan for retirement
and estate planning purposes.imedia. The magazine has been featured on Good
Morning America, Oprah, and in The New York Times, Newsweek, Time , and most
other major media.

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Kerr, who previously announced plans to retire on June 30, 2006, will
exercise a total of 350,000 options in Meredith Corporation stock over the
course of the next 12 months. It is commonly used to help officers or
directors diversify their investment portfolios gradually over an extended
period of time in order to reduce any potential market impact .
The premier issue will be published in May, with a print run of
20,000 copies. The Russian edition will contain 70 percent content from the
U.

About Yoga Journal: Yoga Journal (http://www.

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"
IMPH, based in Moscow, is the Russian publisher of Cosmopolitan, Men's
Health , Harpers' Bazaar, Esquire, Good Housekeeping, and other titles.

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After accounting for the exercise price and
withholding taxes, Kerr is expected to sell approximately 125,000 shares. 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 190 special
interest publications. "Yoga Journal is internationally regarded
as the authority on yoga, and I anticipate that the magazine will be
enormously successful. Founded in 1975, it has
tripled its paid circulation to 325,000 in the past few years, and it reaches
more than 1,000,000 readers bimonthly.com.

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Meredith owns or operates 14 television stations,
including properties in top-25 markets such as Atlanta, Phoenix and Portland,
and an AM radio station.
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. edition of Yoga Journal , 30 percent local content, and will initially be
published four times a year.