BENCHMARKS REPORT

Industry Measure: Business Segment Data

SIC:	2711
INDUSTRY:	NEWSPAPER PUBLISHING AND PRINTING

BENCHMARKS FOR THE INDUSTRY

NO. OF SEGMENTS REPORTING IN THE INDUSTRY:
32

1997 SALES FOR THE INDUSTRY:
$ 30501

(Total Sales in $Millions)

OPERATING MARGIN:
19.0
(Allocated Operating Profits (divided by) Segment Sales)

ASSET INTENSITY:
116.1
(Allocated Assets (divided by) Segment Sales)

SALES GROWTH:
8.7
(Compound 3-Year Growth Rate in Sales for the
Median Participant in the Industry)

BENCHMARKS FOR THE TOP FOUR COMPETITORS

ROA: Allocated Operating Profits (divided by) Allocated Operating Assets