's (Anixter) proposed $200
million senior unsecured notes due 2015. The
remaining approximately $100 million of net proceeds are expected to
be used for general corporate purposes , including to fund potential
acquisitions. If the exchange rate had
remained constant year-over -year, total pro forma operating revenues
would have increased 1.
Pro forma classified revenues advanced 8.1
percent, respectively, compared to the same period last year. In the U.0 percent on
an 8.0
percent and national revenues declined 18.

Aleris Reports Fourth-Quarter Results; Anticipates Strong First Quarter of 2005

5) $(3.42) $(0.3

(1) In this press release , we refer to various non-GAAP (generally
accepted accounting principles) financial measures including EBITDA
and EBITDA, excluding special items.
Management uses EBITDA as a performance metric and believes this
measure provides additional information commonly used by our
stockholders, noteholders and lenders with respect to the performance
of our fundamental business activities, as well as our ability to meet
our future debt service , capital expenditures and working capital
needs.9 million related to a foreign currency
transaction and mark-to-market FAS 133 hedge gains of $6.4 million consisted of restructuring costs related
to the merger and $1.

Aluminum Recycling
Fourth-quarter processing volume of the aluminum recycling segment rose 6%
from the year-ago period due to the recovery in U.6 million and a gain of
$1.m. The Company has 28 production facilities in the U. and Europe, the financial condition of
Aleris' customers and future bankruptcies and defaults by major customers; the
availability at favorable cost of aluminum scrap and other metal supplies that
the Company processes; the ability of the Company to enter into effective
metals, natural gas and other commodity derivatives; future natural gas and
other fuel costs of the Company; a weakening in industrial demand resulting
from a decline in U.S.

sextus ars

Business Editors

MCLEAN, Va.1 percent and 9.
Pro forma local advertising revenues, tempered by the absence of
Easter in the period, increased 2.5)
============= ============= ============ ====
Sunday 6,767,808 6,921,156 (153,348) (2. Advertising linage statistics from these
newspapers are not included above, however , circulation volume
statistics for these newspapers are included above.
Captivate is a national news and entertainment network that delivers
programming and full motion video advertising through wireless digital
video screens in elevators of premier office towers. First quarter 2004 earnings per
share from continuing operations on a pro forma basis was $0.16 per share.6 million.
The material weaknesses identified relate to the Company's accounting for
derivatives and procedures involved in its financial statement closing
process.333 per pound to $0.7 million in the fourth quarter of
2003.8 million for the prior-year period.
On a pro forma basis, Aleris had revenues of $2.
Steve Demetriou continued, "We are excited regarding our prospects for the
first full quarter at Aleris and expect that continued strong volumes and
further improved pricing in our rolled products segment will drive
improvements in profitability. Friday, the Company's Executive Vice
President and Chief Financial Officer, will host the call to discuss results. A taped replay of the call will also be available
by dialing 888-286-8010 or 617-801-6888 and referencing passcode #16819806,
beginning at noon Eastern time, March 15 until 11:59 p.m.27) $( 1.51) $ (0.

scriptus julius

Fitch Rates Anixter's Proposed Sr Unsecured Debt Offering at 'BBB-'

8 percent., Inc.
REVENUE + STATISTICAL SUMMARY

Period 4 (March 28, 2005 - May 1, 2005)
%
2005 2004 CHANGE CHANGE
REVENUES:
Advertising:
Local $ 201,737,000 $197,414,000 $ 4,323,000 2.
Circulation volume and advertising linage statistics for non-daily
products, including NurseWeek and Clipper Magazine are not reflected
above.02
EBITDA(1) $1. EBITDA, excluding special items, of the international segment totaled
$5.8 million or $1.70 - $0. For more information about the
Company, which has headquarters in Beachwood, Ohio, visit its Web site at
http://www.

latina romae

Business Editors

NEW YORK----Fitch Ratings has
assigned a 'BBB-' rating to Anixter, Inc. Pro forma total debt was
approximately $512 million and consists primarily of the proposed
senior note offering, which is fully and unconditionally guaranteed by
Anixter International, and the aforementioned borrowings under
Anixter's accounts receivable securitization program and $150 million
accreted value of 3.
Circulation volume and advertising linage statistics for HomeTown 's
daily newspaper are not yet included.
Gannett Co. Any forward looking statements in this
press release should be evaluated in light of these important risk
factors.2)
National 1,318,158 1,441,495 (123,337) (8.

Summary

-- Merger of IMCO Recycling Inc. processed 846 783 846 783
Rolled products Lbs.5 million or $1.57 per share in the fourth quarter of 2004. Demetriou , Chairman and Chief Executive Officer of Aleris, said,
"We are very pleased with our progress since the merger closed in December and
with the underlying earnings improvement in all of our segments .7 million, of which $6.7 million in
the fourth quarter of 2003.5 million in the same period of 2003 . The improvements over
2003 were due to higher processing volumes and favorable scrap spreads. 2004 fourth-quarter segment income of the international
segment, which included a charge of $0. For the first quarter of 2005, we are
currently forecasting net earnings of $0. Eastern time. tolling business; currency
exchange fluctuations; future write-downs or impairment charges which may be
required because of the occurrence of some of the uncertainties listed above;
and other risks listed in the Company's filings with the Securities and
Exchange Commission, including but not limited to the Company 's registration
statement on Form S-4 filed in February 2005, the annual reports on Form 10-K
for the fiscal years ended December 31, 2004 and 2003, and the quarterly
reports on Form 10-Q for the quarters ended June 30, 2004 and September 30,
2004, particularly the sections entitled "Cautionary Statements For Purposes
of Forward-Looking Statements" contained therein. and Subsidiaries
------------------------------------
Consolidated Statements of Operations
(in thousands, except per share data)
(unaudited , except for the Year Ended December 31, 2003)

For the Three Months For the Year Ended
Ended December 31, December 31,
-------------------- ---------------------
2004 2003 2004 2003
------- ------- ------- -------

REVENUES $372,606 $237,928 $1,226,597 $892,015
Cost of sales 358,111 226,325 1,148 ,634 837,428
------- ------- ---------- --------
GROSS PROFIT 14,495 11,603 77,963 54,587

Selling, general and
administrative expense 16,740 11,090 54,507 38,808
Interest and other
(income) expense (420) 1,125 51 626
Restructuring charge 10,754 -- 10,754
Interest expense 8,842 6,309 28,790 16,649
------- ------- ------- -------
35,916 18,524 94,102 56,083
Earnings (loss) before
provision for income taxes,
and minority interests (21,421) (6 ,921) (16,139) (1,496)

Provision (benefit from)
for income taxes 5,009 (3,203) 7,484 (1,244)
------- -- ----- ------- -------
Earnings (loss) before
minority interests (26 ,430) (3,718) (23,623) (252)

Minority interests, net of
provision (benefit) for
income taxes 92 187 214 560
------- ------- ------- -------
Net earnings (loss ) $(26,522) $ (3,905) $ (23,837) $ (812)
======= ======= ======= =======

Earnings (Loss) Per
Common Share:
-- -----------------------------------
Basic $ (1. and Subsidiaries
------------------------------------

Reconciliation of Net Income (Loss) to
Earnings Before Interest, Taxes, Depreciation and
Amortization (EBITDA) and EBITDA, Excluding Special Items (1)
(in thousands)
(unaudited)

For the Three Months For the Year Ended
Ended December 31, December 31 ,
-------------------- --------------------
2004 2003 2004 2003
------- ------- ------- -------
Restated Restated

Net Income (loss) $(26,522) $ (3,905) $(23,837) $ (812)
Interest expense 8,842 6,309 28,790 16,649
Income taxes 5,009 (3,203) 7,484 (1,244)
Depreciation and
amortization 13,672 13,627 34,785 33,627
EBITDA $ 1,001 $ 12,828 $ 47,222 $ 48,220
Mark-to-market FAS 133
aluminum hedge (gain) loss (3,398) (1,166) (4,050) (38)
Asset impairments 685 -- 685 --
Restructuring, merger
related and executive
separation charges 10,754 -- 15,266 --
Non-cash cost of sales
impact of recording
acquired inventory at fair
value 6,532 -- 6,532 --
Gain from foreign currency
transaction -- (1,880) -- (1,880)
- ------ ------- --------- -------
EBITDA, excluding special
items $ 15,574 $ 9,782 $ 65,655 $ 46,302
======= ======== ======== ========

Reconciliation of Pro Forma Net Income (Loss) to
Pro Forma Earnings Before Interest, Taxes, Depreciation and
Amortization and Pro Forma EBITDA, Excluding Special Items (1)
(in thousands)
(unaudited)

For the Three Months For the Year Ended
Ended December 31, December 31,
-------------------- --------------------
2004 2003 2004 2003
------- ------- ------- -------
Net Income (loss) $(16,450) $ 495 $(23,191) $ (3,069)
Interest expense 11,548 10,396 44,885 32,963
Income taxes 5,009 (3,188) 7,614 (1,129)
Depreciation and
amortization 18,175 20,273 59,789 58,675
EBITDA $ 18,282 $27,976 $ 89,097 $ 87,440
Mark-to-market FAS 133
aluminum hedge (gain)
loss (2,075) (6,809) (4 ,817) (7,068)
Asset impairments 685 -- 7,747 --
Restructuring, merger
related and executive
separation charges 15,161 -- 33,399 --
Non-cash cost of sales
impact of recording
acquired inventory at fair
value 6,532 -- 6,532 --
Gain from foreign currency
transaction -- (1,880 ) -- (1,880)
------- -------- -------- -------
EBITDA, excluding special
items. $ 38,585 $ 19,287 $131,958 $ 78,492
======= ========= ======== =======

Reconciliation of Pro Forma Segment Income (Loss) to
Pro Forma Earnings Before Interest, Taxes, Depreciation and
Amortization and Pro Forma EBITDA, Excluding Special Items (1)
(in thousands)
(unaudited )

For the Three Months For the Year Ended
Ended December 31, December 31,
-------------------- --------------------
2004 2003 2004 2003
------- ------- ------- -------

Rolled Products (Pro forma)
Segment Income $18,111 $13,879 $ 56,203 $38,942
Depreciation 6,675 6,646 21,451 18 ,832
Hedge (gain)/loss (1,232) (5,643) (3,322) (7,030)
Purchase Accounting/other 10,939 440 6,532 --
EBITDA excluding special
items $34,493 $15,322 $ 80,864 $50,744

Aluminum Recycling
Segment Income $ 1,792 $(2,567) $ 21,817 $12,621
Depreciation 8,197 8,097 19,848 20,499
Hedge (gain)/loss 420 -- 620 --
EBITDA excluding special
items $10,409 $ 5,530 $ 42,285 $33,120

International
Segment Income $ 4,411 $ 5,693 $ 21,777 $17,310
Depreciation 1,978 2,086 7,215 5,421
Hedge (gain)/loss (1,263) (1,166) (2,114) (38)
Purchase Accounting/other 685 (725) 685 (1,880 )
EBITDA excluding special
items $ 5,811 $ 5,888 $ 27,563 $20,813

Zinc
Segment Income $ 2,793 $ 834 $ 11,954 $ 4,895
Depreciation 901 890 3,598 3,329
Hedge (gain)/loss -- -- -- --
EBITDA excluding special
items $ 3,694 $ 1,724 $ 15,552 $ 8,224

(1) This statement reconciles net income to earnings before interest,
income taxes and depreciation and amortization (EBITDA) as well as
EBITDA, excluding the effects of special items, which are non-GAAP
financial measures.

julius latina

3 percent, resulting
from solid classified advertising demand in its newspaper segment. The performance of the company's small and
medium-sized advertisers in its domestic newspapers outpaced the
revenue performance of its largest advertisers.6)
Classified 19,886,523 20,113,489 (226,966) (1.

-- Merger-related restructuring charges, asset impairments, non-cash
impact of the write-up of acquired inventory to fair value and other
purchase accounting adjustments and non-cash gains associated with
mark-to-market FAS 133 accounting for derivative and hedging activity
totaled approximately $25 million during the quarter on a pro forma
basis, of which only $10 million were cash-related .75 per
share, driven by higher material margins in the rolled products segment
and overall Company productivity initiatives.39 and
included non-cash gains associated primarily with mark-to-market
hedging activity of $0.

-- Management will report in Aleris ' 2004 Annual Report on Form 10-K, to
be filed with the SEC on March 16, 2005, two material weaknesses in the
Company's internal control over financial reporting as of December 31,
2004.9) $(16. On a pro forma basis, EBITDA, excluding special items, was $34. In the 2004 quarter, an asset impairment charge
of $3.51 per share. In that period, the Company
recorded revenues of $892.06
per share, including asset impairment charges of $5. is one of the world's largest recyclers of
aluminum and zinc and a leading North American manufacturer of common alloy
sheet . These include statements that contain words such as "believe,"
"expect," " anticipate," "intend ," "estimate," "should" and similar
expressions intended to connote future events and circumstances , and include
statements regarding future earnings and earnings per share, future
improvements in margins, processing volumes and pricing, improvements in
Aleris' internal controls, future effects of derivatives accounting,
anticipated continuation of strengthened U.

regionatim urbs

In
addition, while Anixter continues to generate free cash flow (albeit
at lower than historical levels), Fitch is concerned that the company
will continue to use this cash for share repurchases and special
dividends.0 times (x), essentially flat with leverage ratios for both 2003 and
the 12 months ended Oct.2 million unique visitors reaching 13.0)
Classified 196,379,000 181,137,000 15,242,000 8.6
============= ============= ============ ====

NET PAID CIRCULATION:
Morning (w/USAT) 7,044,988 7,217,760 (172,772) (2. The $0.1 million and a net loss
of $16.2 million related to FAS 133 mark-to-market hedge gains.3 million in the prior
year, an improvement of 125%.S.

iter potes

4 percent decline in ad volume.4 percent. Gannett subsidiary Newsquest is the
United Kingdom's second largest regional newspaper company. Newsquest
publishes more than 300 titles, including 17 daily newspapers, and a
network of prize-winning Web sites.4)
Evening 1,185,795 1,233,972 (48,177) (3.

-- Fourth-quarter volumes up in all segments versus the prior year.
shipped 77 -- 248 217

Sales $372.5 million or $0. These conditions were manifested in a number of audit adjustments to
the financial statements for the year ended December 31, 2004 .7 million was recorded related to the Shelbyville alloys plant.
The Company's financial results as reported for the full year of 2003 do
not include the operations of Commonwealth.3 billion and a net loss
from continuing operations of $23.0 million in 2004 compared with $78.S.

Aleris International, Inc.42) $ (0.

pompeii potes

If the exchange rate had remained constant
year -over-year, total pro forma newspaper advertising revenues would
have been 3. Newspaper advertising category results
reflect, in part, the Easter switch to March this year from April in
2004.8 percent decline in paid ad
pages to 434 from 482. For comparison purposes, USA TODAY's ad revenues and
pages were up 25.2)
Evening 1,179,283 1,230,134 (50,851) (4.4
Television 239,205,000 251,969,000 (12,764,000) (5. The 2003 results
exclude the operations of Commonwealth.
Ernst + Young LLP has completed its audit and is expected to issue an
unqualified opinion with respect to Aleris' consolidated financial statements
to be included in its 2004 Annual Report on Form 10-K and its annual report to
stockholders.0 million of asset impairment charges and $6.5 million in 2003
due primarily to improved volume across all segments.
A replay of the conference call will be posted to the Company's Web site
at http://www.

latine romae

Fitch also has affirmed Anixter International's
approximately $150 million accreted value of 3. At Dec.2 percent decline
in ROP ad volume., across
all products, local ad revenue gains were achieved in the furniture,
health , financial and telecommunications categories.9 percent of the Internet
audience. A number of
those risks, trends and uncertainties are discussed in the company's
SEC reports, including the company 's annual report on Form 10-K and
quarterly reports on Form 10-Q.

GANNETT CO.4
------------- ------------- ------------ ----
Total Advertising $ 470,722,000 $ 451,924,000 $ 18,798,000 4.3
============= ============= ============ ====

VOLUME:
Newspaper Inches:
Local 3,553,349 3,669,604 (116,255) (3. BEACHWOOD, Ohio, Aleris International,
Inc. (NYSE: ARS) today reported financial results for the fourth quarter and
full year of 2004. with Commonwealth Industries, Inc.70 - $0.9 $578.1 million of mark-to-market
FAS 133 hedge gains.6 million compared with $19."

Material Weaknesses
Aleris' management has completed its assessment of the effectiveness of
the Company's internal control over financial reporting as required by Section
404 of the Sarbanes-Oxley Act of 2002.
The rolled products segment had pro forma segment income of $18. industrial activity , a
stronger overall aluminum market and new business the Company has obtained.7 million related to an asset write-
down, was $4. Fourth-quarter 2004 segment income increased to
$2.
EBITDA, excluding special items, in the fourth quarter of 2004 was $3.1 million of FAS 133 mark-
to-market hedge gains.
Eastern time. Demetriou, Aleris International's Chairman and Chief
Executive Officer , and Michael D.com.aleris.06)
Diluted $ (1.

latine latina

Classified
employment and real estate revenues were up 13. At USA TODAY, advertising
revenues were down 3.5 percent, respectively , in April
2004. In April, Gannett's domestic Websites
had 20. The company also
owns more than 800 non-daily publications in the USA and USA WEEKEND,
a weekly newspaper magazine.7
Other revenue 136,603,000 132,127,000 4,476,000 3.5)
============= ============= ============ ====
Preprint Distribution
(in thousands) 3,877,546 3,706,641 170,905 4. Advertising linage
for Newsquest publications is not reflected above.

Aleris International, Inc.5 million related
primarily to the non-cash cost of sales impact of the write-up of rolled
products inventory to fair value at the date of purchase , as well as $3.9 million or $0.6 million compared with $9. Pro forma
EBITDA, excluding special items , was $38.
Steven J.1 million in
the fourth quarter of 2004, compared with pro forma segment income of $13.9
million in the comparable 2003 period.6 million FAS 133 mark-to-market
hedge gain .S.8 million compared with a loss of $2. In
addition, the Company decided to permanently close the Rockwood, Tennessee
facility which had been temporarily idled, resulting in a charge of $0.7 million in 2003.com.

sancti vesuvii

Fitch's ratings continue to reflect Anixter's leading market
position, diverse portfolio of products and customers, significant
scope and global reach, and the information technology distributors '
ability to generate cash from working capital during a downturn. 31, 2004, pro forma liquidity was
supported by approximately $150 million in cash and cash equivalents,
a $225 million accounts receivable securitization program expiring
Sept.

On a constant currency
basis, employment revenues would have increased 11. Overall, the company's classified results from
its domestic community newspapers were better than Newsquest's
results. However, the
department stores, entertainment , restaurants and grocery categories
lagged last year's results.2
National 72,606 ,000 73,373,000 (767,000) (1.9
National 263,110,000 256,535,000 6,575 ,000 2. Circulation volume statistics for Newsquest's unpaid daily
and non-daily publications are not reflected above.9%

6 $237. Investors are encouraged
to review the accompanying tables reconciling the non-GAAP financial
measures to comparable GAAP amounts.85 per share of special items including $15. For the comparable 2003 period, the Company had pro forma
revenues of $451. This improvement
was due to an increase in zinc prices, better margins and higher volumes .

regionatim benedicti

, Inc.
Broadcasting revenues trailed last year's results due, in part, to
significantly lower political ad spending.6 percent increase in
preprint distribution.
Pro forma national advertising revenues were down 1.6 $19. IMCO was the acquirer for financial
accounting purposes.6 million
and a net loss of $26. For the fourth quarter of 2003, the Company reported revenues of
$237.), as well as the inclusion of one month of results from
the rolled products segment. These
results include $0.8 million. As expected
in the fourth quarter at rolled products, improved pricing translated into
stronger margins and improved earnings net of FAS 133 hedge accounting and
restructuring items.5 million related
primarily to the non-cash cost of sales impact of the write -up of acquired
inventory to fair value, $4.0 million and a net loss of $0.42) $ (0.

vita sancti

30, 2005 (of which approximately $162 million was outstanding),
and a $275 million five-year senior unsecured revolving credit
facility expiring June 18, 2009.8 percent. USA TODAY's year-to-date paid pages totaled
1,536 compared to 1,580 for the prior year while ad revenues increased
2. NurseWeek is a multimedia
company with print publications focused on the recruitment,
recognition and education of nurses .
with Commonwealth Industries, Inc.27 per share, including a
foreign currency gain of $1. In the fourth quarter of 2004,
EBITDA, excluding special items, which represents EBITDA adjusted for
restructuring, asset impairments, the non-cash cost of sales impact of the
write-up of rolled products inventory to fair value at the date of purchase
and mark-to-market FAS 133 hedge gains, was $15.2 million of
restructuring charges, $5.5 million and income from continuing operations of $0.02 per share.
2003 pro forma segment income included a $5.4
million.

Full-Year Operating Results
For the full year of 2004, which includes Commonwealth's operations for
only the month of December, Aleris recorded revenues of $1. These
results include $33. Steven J.aleris. These risks and
uncertainties would include, without limitation, Aleris' ability to
effectively integrate the business and operations of Commonwealth; downturns
in automotive production in the U. "EBITDA , excluding special
items," as used in this press release, is defined as EBITDA excluding
restructuring and impairment charges, mark-to-market FAS 133 hedge
gains and losses , a gain from a foreign currency transaction and the
non-cash cost of sales impact of the write-up of inventory through
purchase accounting.

World/Lingua_Latina/Regionatim = Top/Regional

urbs latina

Pro forma (assuming that all properties presently owned were owned
in both periods) newspaper advertising revenues in the fourth period
were up 4.S.

-- Significant underlying fourth -quarter improvement in pro forma
operating results driven by increases in material margins at rolled
products segment.70 - $0.75
estimate includes expected non-cash losses of approximately $0. Consequently, the Company's "As Reported" financial
results for the fourth quarter and full year of 2004 include the operations of
Commonwealth for only the month of December .9 million and a net loss of $3.5
million related primarily to the non-cash cost of sales impact of the write-up
of acquired inventory to fair value, as well as $2. We expect higher rolled products pricing in the first
quarter as new annual customer agreements became effective in January.
Segment income totaled $1.4 million
compared with $5.4 million compared with $5.9 million in the same period
of 2003 as tighter scrap and lower pricing offset higher volumes.4 million of restructuring charges , $12.8
million of FAS 133 mark-to-market hedge gains. Although the outlook for automotive volumes is
uncertain and could impact us negatively, particularly in the spec alloy
business, the combination of improved rolled product margins, a strong zinc
business, and reduced costs as merger synergies begin to take hold, should
provide for a strong first year."

Conference Call and Webcast Information
Aleris will host a conference call today, March 15, 2005 at 10 a. These
non-GAAP measures have limitations as analytical tools and should be
considered in addition to, not in isolation or as a substitute for, or
superior to, Aleris' measures of financial performance prepared in
accordance with GAAP.

montis regionatim

For the fourth period, at USA TODAY, results for the
entertainment, technology, financial and retail categories were strong
while the travel , automotive and telecommunications categories
declined versus last year's results.5
Other revenue 39,003,000 38,411,000 592,000 1.5
Broadcasting 74,648,000 79 ,852,000 (5,204,000) (6.6)
============= ============= ============ ====
Sunday 6,776,579 6,983,998 (207,419) (3.25 per
share associated with mark-to-market hedging activity and amortization
of purchase accounting adjustments.

($ and Lbs in Millions) Quarter Ended Quarter Ended
December 31, December 31,
As Reported Pro Forma

2004 2003 2004 2003
Volume:
Recycling and alloys
Lbs.27) $(0.57) $0.0 million resulting primarily from the
establishment of a valuation allowance against certain domestic deferred tax
assets.
On a pro forma basis, Aleris had revenues of $578. These results include $15., Europe and Latin
America and has about 3,200 employees.

SAFE HARBOR REGARDING FORWARD-LOOKING STATEMENTS
Forward-looking statements made in this news release are made pursuant to
the safe harbor provision of the Private Securities Litigation Reform Act of
1995.51) $ (0.

ars vesuvii

(NYSE:GCI) reported today that total pro forma operating revenues for
the fourth period ended May 1, 2005 increased 2.5 percent higher.7 percent, real
estate revenues would have advanced 7. Ad linage for Newsquest, Clipper and
NurseWeek are not included in the ad volume statistics., INC.4 )
Classified 5,706,817 5,728,759 (21,942) (0.6
Classified 725,684,000 689,595,000 36,089,000 5. Circulation volume
statistics for Sunday Herald are included above in the Sunday
statistics.0 $12.7 $38. These non-GAAP measures have limitations as analytical
tools and should be considered in addition to, not in isolation or as
a substitute for, or superior to, Aleris' measures of financial
performance prepared in accordance with GAAP. Additionally, management uses EBITDA because the
Company's revolving credit agreement and indentures for its
outstanding senior notes use EBITDA with additional adjustments to
measure its compliance with covenants such as fixed charge coverage
and debt incurrence.9 million, a mark-to-market FAS 133 hedge gain of
$1.7
million compared to $1.8 million or $0.5 million related primarily to the non-cash cost of sales
impact of the write -up of acquired inventory to fair value, as well as $4.25 per share associated with
mark-to-market hedging activity and amortization of purchase accounting
adjustments. In addition, the
conference call and presentation slides will be broadcast live over the
Internet at http://www. and Subsidiaries
------------------------------------
Consolidated Balance Sheets
(in thousands)

December 31, 2004 December 31, 2003
---- ------------- -----------------
(unaudited)
ASSETS
Current Assets:
Cash $ 17,828 $ 14,760
Accounts Receivable, Net 245,649 111,562
Inventories 251,785 78,270
Other Current Assets 20,547 23,826
------- -------
Total Current Assets 535,809 228,418

PP+E, Net 432,779 219,668
Goodwill 63,940 63,617
Restricted Cash 16 ,007 24,846
Other Assets 22,189 14 ,185
------- -------
TOTAL ASSETS $1,070,724 $ 550,734
------- -------

LIABILITIES AND STOCKHOLDERS' EQUITY
Current Liabilities:
Accounts Payable $ 178,943 96,207
Accrued Liabilities 77,980 30,955
Current Maturities of long-term debt 61 33,017
------- - ------
Total Current Liabilities 256,984 160,179

Deferred Income Taxes Payable 11,280 20,390
Long-Term Debt 412,338 223,176
Other Long-Term Liabilities 107,452 25,244
Stockholders' Equity 282,670 121,745
------- -------
TOTAL LIABILITIES AND EQUITY $1,070,724 $ 550,734
-- ----- -------

Aleris International, Inc.

montis coenobium

1, 2004, due to strong sales growth and
improved profitability during the year.----Gannett Co.7
percent decline in ROP ad volume and a 4.8 percent while auto would have
been 3.5 percent lower.5
percent lower in the period. Based on results
to date and current pacings for the second quarter, television
revenues are lagging last year's second quarter results in the mid to
high-single digits. Circulation
volume numbers for Newsquest's paid daily newspapers are included in
the enclosed statistics, but volume from unpaid daily and non-daily
publications is not included in the circulation volume statistics .1)
------------- ------------- ------------ ----
Total Daily 8,272,545 8,482,892 (210,347) (2. Circulation volume and advertising
linage statistics for HomeTown's daily newspaper are not yet included.
completed December 2004; Company renamed Aleris International, Inc.5

Income (loss) per share
from continuing
operations $(1.

Fourth-Quarter Operating Results
In the fourth quarter of 2004 , Aleris reported revenues of $372. Aleris' registered public accounting firm, Ernst +
Young LLP , will also indicate in their audit report that management's
assessment is fairly stated.386 per pound .8 million from $0.com. Eastern time, March
22, 2005. and Worldwide industrial
activity, expected cost savings, and anticipated synergies resulting from the
merger.06)

Weighted Average Shares
Outstanding:
------------------------------------
Basic 18,647 14,470 15,793 14,473
Diluted 18,647 14,470 15,793 14,473

For the Three Months For the Year Ended
Ended December 31, December 31,
-------------------- --------------------
2004 2003 2004 2003
--- ---- ------- ------- -------

Supplementary Information:
------------- -------------
Depreciation
and amortization $ 13,672 $ 13,627 $ 34,785 $ 33,627
Capital spending $ 22,523 $ 7,230 $ 44,825 $ 20,807

Segment Reporting:
------------------
Volume (pounds):
Aluminum Recycling 532,797 501,801 2,099,617 1,938,777
International 253,483 224,172 1,033,518 778,810
Zinc 59,993 57,097 246,108 238,441
------- ------- --------- ---------
846,273 783,070 3,379,243 2,956,028

Percent Tolled: 59% 56% 59% 55%

Pounds Packed-Rolled
Products 72,519 -- 72,519 --

Revenues:
Aluminum Recycling $133,313 $120,209 $ 552,995 $479,585
International 94,910 72,669 371,649 256,386
Zinc 49,279 45,050 206,849 156,044
Rolled Products 95,104 -- 95,104 --
------- ------- ------- -------
$372,606 $237,928 $1,226,597 $892,015

Segment Income (loss ):
Aluminum Recycling $ 1,792 $ (2,567) $ 21,817 $ 12,621
International 4,411 5,693 21,777 17,310
Zinc 2,793 834 11,954 4,895
Rolled Products (523) -- (523) --
------- ------- ------- -------
$ 8,473 $ 3,960 $ 55,025 $ 34,826

Aleris International, Inc.

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Net proceeds from the
offering are expected to be used to redeem (in June 2005) the
company's approximately $70 million accreted value of 7% zero coupon
convertible senior notes due 2020 and repay approximately $30 million
of borrowings outstanding under the revolving credit facility. Pro forma the proposed issuance and debt redemption and
repayment, approximately $350 million of debt is affected by Fitch's
action. While
our revenue statistics include USA WEEKEND 's results, their ad volume
is not included in the linage numbers.3 percent. is a leading international news and information
company that publishes 102 daily newspapers in the USA, including USA
TODAY , the nation's largest-selling daily newspaper.2)
National 363,444 396,642 (33,198) (8.4)
------------- ------------- ------------ ----
Total ROP 9,623,610 9,795,005 (171,395) (1. "EBITDA," as used in this press
release, is defined as net income from continuing operations before
interest, taxes , depreciation and amortization. The improvement in EBITDA, excluding
special items, for the fourth quarter of 2004 over the same period in 2003,
was driven by improved volumes in the recycling and alloy business (formally
IMCO Recycling Inc.6 million, a gain of $1. Aleris' 2004 Annual Report
on Form 10-K to be filed with the SEC on March 16, 2005, will contain a
management's report on internal control over financial reporting that will
reflect this conclusion. Pro forma results for the 2004 period
include special items totaling $9.
All comparisons for the rolled products segment and Aleris in total have
been adjusted to reflect rolled product adoption of the average cost method of
accounting for inventory (rather than rolled products' historical practice of
reporting on a LIFO basis) in accordance with the practice of the acquiring
company as required by acquisition accounting rules.

Zinc
Fourth-quarter processing volume in the zinc segment was 5 % above the
level of the year-ago period.2 billion and a net
loss of $23.9 million relating to a foreign currency transaction.82 per share in 2004. Management believes EBITDA excluding special
items is useful to our stakeholders in understanding our operating
results and the ongoing performance of our underlying businesses
without the impact of these special items .

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2 percent. National volume at the company's
local domestic newspapers declined 7. USA WEEKEND, our weekly newspaper
magazine, experienced higher national ad revenue in the period.2)
============= ============= ============ ====

Year-to-Date through May 1, 2005
%
2005 2004 CHANGE CHANGE
REVENUES:
Advertising:
Local $ 714,840,000 $ 681,215,000 $ 33,625,000 4.7

Circulation 432,193 ,000 429,262,000 2,931,000 0.1)
------------- ------------- ----- ------- ----
Total Revenue $2,511,635,000 $2,440,703,000 $ 70,932,000 2.
Newsquest is a regional newspaper publisher in the United Kingdom
with more than 300 titles, including paid and unpaid daily and
non-daily products. Circulation volume statistics for Newsquest's 17
paid daily newspapers are included above. Management believes EBITDA excluding special items is useful to
our stakeholders in understanding our operating results and the
ongoing performance of our underlying businesses without the impact of
these special items.3 million
in 2003 , a 100% improvement. Results were driven principally by continued
improvements in rolled products material margins and increased volumes due to
improved industrial activity across all of Aleris' segments. 2003 segment income included asset impairment charges of $5.6
million.75 per share including
expected non-cash losses of approximately $0.
The call can be accessed by dialing 800-299 -7098 or 617-801-9715 and
referencing passcode #12278006 at least 10 minutes prior to the presentation ,
which will begin promptly at 10 a.

latina iter

5)
------------- ------------- ---- -------- ----
Total Revenue $ 701,171,000 $ 685,315,000 $ 15,856,000 2.5
million or $0.3 million
of restructuring charges, $5. Pro forma EBITDA, excluding
special items, was $132 .27) $( 1.

ubi forma

9)
------------- ------------- ------------ ----
Total Daily 8,230,783 8,451,732 (220,949) (2.

Gannett Online Internet Audience
April 2005

Nielsen//NetRatings
---------------- ---
Home/Work Panel Combined

Unique Visitors Percentage Reach of
Per Month Internet Audience
--------- -----------------
Gannett Online 20,187,000 13.5) $0.42 per common share. These results
include $1.01 per share of special items including a restructuring charge of
$10. This improvement was driven by stronger volumes
and higher material margins.1 million of asset
impairments, and $6. or world economic conditions caused by terrorist
activities or other unanticipated events; future utilized capacity of the
Company's various facilities; future decreases in recycling outsourcing by
primary producers; restrictions on and future levels and timing of capital
expenditures; retention of its major customers; the timing and amounts of
collections; the future mix of product sales vs. The methods used to compute these measures are
likely to differ from the methods used by other companies.

vita benedicti

25% zero coupon
convertible senior notes due 2033 at 'BB+'.25% zero coupon convertible senior notes due 2033.

Gannett Co. Inc. Releases April Statistical Report

2 percent compared with the same period in 2004 on a 1.2 percent on a 3. On a constant currency basis, pro forma
local advertising would have advanced 1.
Pro forma broadcasting revenues, including Captivate, were 6.com, one of the most popular news sites on the Web.9
============= ============= ============ ====

VOLUME:
Newspaper Inches:
Local 12 ,265,553 12,409,357 (143,804) (1.1)
------------- ------------- - ----------- ----
Total ROP 33,470,234 33,964,341 (494,107) (1.8 $18. The "Pro Forma" results combine
the operations of both companies as of the beginning of each period presented,
adjusted to exclude the results of Commonwealth's discontinued Alflex division
and inter-company sales and to include the change to the average cost method
of accounting for inventory for the rolled products segment (formerly
Commonwealth), the incremental depreciation expense related to the write-up of
the acquired fixed assets of rolled products to their estimated fair value, as
well as incremental interest expense associated with the financing of the
merger.0 million of asset impairment charges and $6.2 million and asset impairment charges of $5. Results in 2003 included asset impairment charges
of $5. Based upon its documentation, testing
and evaluation, Aleris ' management has concluded that the Company did not have
effective internal control over financial reporting as of December 31, 2004
within the context of the framework developed by the Committee of Sponsoring
Organizations of the Treadway Commission (COSO). EBITDA, excluding special items, for this segment was $10. This increase was due
to improved capacity utilization in Germany and Brazil resulting from improved
economic conditions.8 million in the 2004 quarter compared with $5 .S. Investors are cautioned that all forward-looking statements involve
risks and uncertainties, and that actual results could differ materially from
those described in the forward-looking statements . Management uses EBITDA as a performance metric
and believes this measure provides additional information commonly
used by our stockholders, noteholders and lenders with respect to the
performance of our fundamental business activities, as well as our
ability to meet our future debt service, capital expenditures and
working capital needs.

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Despite the proposed transaction
increasing total debt by approximately $100 million, Anixter's pro
forma total leverage (total debt-to-EBITDA) will remain at just over
3. As in the past, we recommend combining March and April results
for comparison purposes.4 percent in April on a
slight decline in ROP ad volume. On a constant currency basis, pro
forma classified revenues would have increased 7.1 percent in the period compared
with the same interval in 2004. Gannett also operates 21
television stations in the United States and is an Internet leader
with sites sponsored by its TV stations and newspapers including
USATODAY.7)
============= ============= ============ ====
Preprint Distribution
(in thousands) 1,099,320 1,050,897 48,423 4.6
============= ============= ============ ====

NET PAID CIRCULATION:
Morning (w/USAT) 7,093,262 7,252,758 (159,496) (2.2
------------- ------------- ------------ ----
Total Advertising $1,703,634,000 $1,627,345,000 $ 76,289,000 4. Captivate is
included above in Broadcasting revenue.5

Income (loss) from
continuing operations $(26. The methods used to compute
these measures are likely to differ from the methods used by other
companies.

Aleris resulted from the December 9, 2004 merger of IMCO Recycling Inc.4
million of mark-to-market FAS 133 hedge gains.7
million in the comparable 2003 period.

Rolled Products
On a pro forma basis, shipments totaled 248 million pounds in the 2004
fourth quarter compared to 217 million in the same period of 2003 as the
result of continued strong customer demand across all end-use applications.5
million in the 2004 fourth quarter compared with $15.2 million or $0.

About Aleris
Aleris International , Inc. Investors are encouraged to review the
accompanying tables reconciling the non-GAAP financial measures to
comparable GAAP amounts. Additionally, management
uses EBITDA because the Company's revolving credit agreement and
indentures for its outstanding senior notes use EBITDA with additional
adjustments to measure its compliance with covenants such as fixed
charge coverage and debt incurrence.

julius vesuvii

Pro forma the debt offering and expected use of the net proceeds,
Fitch believes Anixter's current resources are sufficient to satisfy
near -term debt maturities.
Automotive revenues were 2.4 percent and 15. Local television revenues were down 1.
In addition to the revenue and statistical summary, attached is a
chart which shows the consolidated Gannett Online audience share for
April from Nielsen//NetRatings.

Certain statements in this press release may be forward looking in
nature or "forward looking statements" as defined in the Private
Securities Litigation Reform Act of 1995.2

Circulation 116,798,000 115,128,000 1,670,000 1.0)
============= ============= ============ ====

Note: The operating results from the company's newspapers
participating in joint operating agencies, and which are accounted for
under the equity method of accounting, are reported as a single amount
in other operating revenues.3 $28.0
EBITDA, excluding
special items (1) $15.6 $9. "EBITDA, excluding
special items," as used in this press release, is defined as EBITDA
excluding restructuring and impairment charges, mark-to-market FAS 133
derivative and hedge activity gains and losses, a gain from a foreign
currency transaction and the non-cash cost of sales impact of the
write-up of inventory and other items through purchase accounting.0 million of asset impairment charges and $6. The
resulting higher margins, along with our Company-wide focus on synergy capture
and productivity improvement , should be the principal drivers of significantly
improved operating performance for Aleris in 2005 .
All audit adjustments (which were non-cash in nature) have been made and
no further financial statement corrections or adjustments are required or
anticipated.m.

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The Rating Outlook is
Stable .
Concerns center on the thin operating margins associated with the
distribution industry, ongoing pricing pressures in certain markets
related to industrywide excess capacity, and significant working
capital investments necessary to reach longer term growth targets. For comparison purposes,
the increase in the exchange rate of Sterling year-over-year affected
results for the company's UK operations .9 percent lower.5 percent on a 9.
The pro forma advertising and circulation revenue statistics
include the results for HomeTown Communications (acquired in late
March 2005), Captivate (acquired in April 2004) and NurseWeek
(acquired in February 2004). The forward looking
statements contained in this press release are subject to a number of
risks, trends and uncertainties that could cause actual performance to
differ materially from these forward looking statements.
Gannett is not responsible for updating the information contained
in this press release beyond the published date, or for changes made
to this press release by wire services, Internet service providers or
other media.
The above revenue amounts and statistics have been restated to
include all companies presently owned , including HomeTown
Communications (acquired in late March 2005), Captivate (acquired in
April 2004) and NurseWeek (acquired in February 2004). HomeTown is a
community publishing company with one daily newspaper, 62 non-daily
community newspapers, 24 community telephone directories and other
specialty and niche publications.

-- Management expects first-quarter 2005 net earnings of $0.1 $451.8 million related to the elimination of redundant positions resulting from
the merger, $5. The fourth-quarter results also
include income tax expense of $5. Based on rolled products ' previous LIFO method
of accounting for inventory, and including the effects of the hedge, material
margins improved from $0.

International
Processing volume of the international segment was 13% higher in the
fourth quarter than in the comparable period of 2003.5
million related primarily to the non-cash cost of sales impact of the write-up
of acquired inventory to fair value as well as $4.aleris. "EBITDA," as used in this press release, is
defined as net income from continuing operations before interest,
taxes, depreciation and amortization.