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Newspapers Advertising and Specialty Publications Online Services NEWSPAPERS ADVERTISING AND SPECIALTY PUBLICATIONS ONLINE SERVICES Bettendorf News n Gateway Times n Quad-City Advertiser n Thrifty Nickel n www.qcthriftynickel.com n Thrifty Nickel Wheel Deals n Classic Images n www.classicimages.com n www.filmsofthegoldenage.com n Muscatine Journal n www.muscatinejournal.com n Southern Illinoisan www.southernillinoisan.com n Flipside n Southern Hometown Shopper n Welcome Home n Prairie Shopper n www.theprairieshopper.com n Decatur Wheels For You n The Extra n Herald & Review n www.herald-review.com n Quad-City Times n www.qctimes.com n The Post www.muscatinepost.com n Sunday Express n Films of the Golden Age n Globe Advertiser n Mason City Shopper n www.masoncityshopper.com n Britt Tribune News n Globe-Gazette n www.globegazette.com n Town & Country Advertiser n Forest City Summit n www.northiowanews.com Summit Advertiser n Winnebago/Hancock Shopper n www.winnebagoshopper.com n Mitchell County Press-News n www.mcpress.com n Town & Country Shopper n Billings Gazette n www.billingsgazette.com n Autofinder n www.billingsthriftynickel.com n Western Business Work For You, Montana n Yellowstone Shopper n Mini Nickel n www.mininickel.com n Western Montana Shopper n Thrifty Nickel n The Montana Standard n www.montanastandard.com n Independent Record n www.helenair.com n The Adit n www.adit.com n West Shore News Clark Fork Valley Press n Lake County Leader n The Advertiser n Bigfork Eagle n www.bigforkeagle.com n Hungry Horse News n www.hungryhorsenews.com n Missoulian n www.missoulian.com n Post Script n Ravalli Republic n www.ravallinews.com n Autofinder The Shopping News n Western Montana Messenger n Mineral County Independent n Whitefish Pilot n Consumers Press n www.consumerspress.com n Prairie Star n www.theprairiestar.com n Beatrice Daily Sun n www.beatricedailysun.com n Penny Press n Plug Nickel Sunland Weekend Extra n Homefront Buyers Guide n Scout Shopper n Tribune Marketplace n Fremont Tribune n www.fremontneb.com n Columbus Telegram n www.columbustelegram.com n Lincoln Journal Star n www.journalstar.com n www.discoverlincoln.com www.huskerfootball.com n Consumer Connection n Lincoln Real Estate n Neighborhood Extra n Lincoln Rentals for You n Star Express n Stuff for You n Wheels For You, Grand Island n Wheels For You, Lincoln n Wheels for You, N. Kansas n Work for You, S.E. Nebraska David City Banner Press n The Plattsmouth Journal n Schuyler Sun n Burt County Plaindealer n Midwest Messenger n www.midwestmessenger.com n The Bismarck Tribune n www.ndonline.com n The Finder n www.finderads.com n Mandan News n Minot Finder Dickinson Pennysaver n Tribune Extra n www.farmandranchguide.com n Montana Magazine n www.montanamagazine.com n Democrat-Herald n www.mvonline.com n Corvallis Gazette-Times n The Family Times n Albany/Corvallis This Week n Ashland Daily Tidings www.dailytidings.com n Ashland People n Cottage Grove Sentinel n www.cgsentinel.com n Goldmine n Klamath Falls Nickel Want Ad Newspaper n www.klamathfallsnickel.com n Medford Nickel Want Ad Newspaper n www.medfordnickel.com n Redding Nickel Want Ad Newspaper www.virtualclassifieds.net n Lebanon Express n Newport News-Times n www.newportnewstimes.com n Newport This Week n The Springfield News n www.springfieldnews.com n Mighty Mailer n Nickel Ads n www.nickelads.com n Rapid City Journal n www.rapidcityjournal.com Rapid City Advertiser n Northern Hills Advertiser n Tri-State Neighbor n www.tristateneighbor.com n Tucson Cars & Trucks n www.tucsoncarsandtrucks.com n Dandy Dime n www.dandydime.com n Las Vegas Nifty Nickel n www.niftynickel.com n Albuquerque PennySaver Quik Quarter/Thrifty Nickel n Pioneer Shopper n www.pioneershopper.com n Little Nickel n www.littlenickel.com n Wheel Deals n www.wheeldeals.com n Moses Lake Homes n Moses Lake Nickel Saver n www.nickelsaver.com n Driveline n Spokane Home Buyer’s Guide n Nickel Nik www.nickelnik.com n Nickel Nik’s Wheel Deals n www.wheeldeals.com n Nickel Nik’s RV/Truck Wheel Deals n Buyline n Wenatchee Homes n Wenatchee Nickel Ads n Chippewa Herald n www.chippewa.com n Chippewa County Advertiser n Your Family Shopper n Dunn County News www.dunnconnect.com n Dunn County Reminder n Dunn County Shopper n Tradin’ Post Buyer’s Guide n Farm & Ranch Guide n La Crosse Home Buyer’s Guide n La Crosse Tribune n www.lacrossetribune.com n Winona Daily News n www.winonadailynews.com n Enterpriser Foxxy Shopper n www.lacrossefoxxy.com n Tribune Extra n La Crosse Wheels For You n Neighbors Extra n The Journal Times n www.journaltimes.com n Racine Pennysaver n www.racinepennysaver.com n Sparta, Tomah, Viroqua Foxxy Shopper n www.spartafoxxyshopper.com Tomah Journal/Monitor Herald n Tri-County Advertiser n Vernon County Broadcaster n Westby Times n Coulee News n Economy Shopper n Baraboo News Republic n www.baraboo.scwn.com n Wisconsin State Journal n Capital Times n www.madison.com Madison Ad World n AgriView n Apartment Showcase n www.aptshowcase.com n Business First n www.business-first.net n Nursing Matters n Oregon News n Stoughton News n Sun Prairie News n Work for You Extra n Juneau County Star-Times n Wisconsin Reminder Shopper Stopper n www.shopperstopper.com n Sauk Prairie Eagle n www.shopperstopper.com/shopper/eagle n Reedsburg Times Press/Report n Cent Saver n Portage Daily Register n www.scwn.com n Shawano Leader n www.shawanoleader.com n Shawano Penny Saver Wisconsin Dells Events n Broadwater Printing n Hawkeye Printing n Little Nickel Quik Print n Maple Street Press n www.maplestreetpress.com n Oak Creek Printing n Platen Press n William Street Press n International Newspaper Network n www.townnews.com n Farcountry Press 215 North Main Street Davenport, Iowa 52801-1924 www.lee.net 2000 ANNUAL REPORT In 2000, Lee Enterprises decided to sell its television stations in order to OFFICERS AND DIRECTORS focus on growing in newspaper publishing and related online services. Lee owns 23 daily newspapers and more than 100 weekly, classified, Richard D. Gottlieb Greg Veon Gordon D. Prichett Chairman and Chief Executive Officer; Vice President, Publishing Director; shopper and specialty publications, along with associated Internet services, Director Chairman of Mathematics, Statistics and Chris Wahlig Information Sciences, Babson College primarily from the Midwest to the Pacific Northwest. Jointly with The Mary E. Junck Vice President, Finance Capital Times Co., Lee also owns five daily newspapers and more than a President and Chief Operating Officer; Ronald L. Rickman Director Rance E. Crain Director; dozen other publications operated by Madison Newspapers Inc. in Director; Retired President, Publishing James W. Hopson President, Crain Communications Inc. Wisconsin. Vice President, Publishing; Phyllis Sewell Publisher, Wisconsin State Journal J.P. Guerin Director; Director; Retired Senior Vice President, Lee has 5,100 employees, and its associated companies have another 800. Vytenis P. Kuraitis Investor Federated Department Stores Vice President, Human Resources William E. Mayer Mark Vittert Gregory P. Schermer Director; Director; The Company’s general offices are in Davenport, Iowa. Lee’s stock is Vice President, Interactive Media; Partner, Development Capital, LLC Private Investor traded on the New York Stock Exchange under the symbol LEE. Director Andrew E. Newman C.D. Waterman III John VanStrydonck Director; Board Secretary; Vice President, Publishing Chairman, Race Rock International Partner, Lane & Waterman TABLE OF CONTENTS CORPORATE DIRECTORY Two-Year Summary Highlights . 1 General Office Transfer Agent and Registrar Online information Lee Enterprises, Incorporated EquiServe Trust Company www.lee.net Message to Shareholders, 215 N. Main Street P.O. Box 2500 Employees and Friends . 2-5 Davenport, IA 52801-1924 Jersey City, NJ 07303-2500 At www.lee.net you may access a wide range of the latest Lee Enterprises news and (319) 383-2100 (800) 446-2617 Operations and Markets . 6-7 www.equiserve.com shareholder information, including monthly www.lee.net For online access to your account: statistics, quarterly reports and Form 10-K Financial Information: http://gateway.equiserve.com for fiscal 2000, as filed with the Securities Securities Market and Exchange Commission. You may Six-Year Financial Performance . 8-9 New York Stock Exchange General Counsel request a printed copy of quarterly reports Trading symbol: LEE Lane & Waterman or Form 10-K by writing to or calling the Management Discussion and Analysis . 10-12 220 N. Main Street, Suite 600 corporate office. Annual Meeting Davenport, IA 52801 Consolidated Statements of Income . 13 At www.lee.net you also will find links to The annual meeting of shareholders will be local, regional and national news, archives, Consolidated Balance Sheets . 14-15 held in the Company’s General Offices, 400 Auditors reader services, advertising services and a Putnam Building, 215 North Main Street, McGladrey & Pullen, LLP wealth of classified and employment Consolidated Statements of Stockholders’ Equity . 16 Davenport, Iowa, at 9:00 a.m. on Tuesday, 220 N. Main Street, Suite 900 listings at Lee’s daily, weekly and specialty January 23, 2001. Davenport, IA 52801 publications. Consolidated Statements of Cash Flows . 17 Notes to Consolidated Financial Statements . 18-23 Independent Auditor’s Report / Quarterly Results . 24 Officers and Directors, Corporate Directory . Inside Back INDEPENDENT AUDITOR’S REPORT TWO-YEAR SUMMARY HIGHLIGHTS To the Stockholders used and significant estimates made by management, as well as evaluating Lee Enterprises, Incorporated and Subsidiaries
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