The New York Times's advertising revenue for June 2002 declined 0.9% compared with June 2001. The company reported today that national advertising revenue increased as strength in the entertainment,
banking, media and hotels categories helped to offset softness in technology products, healthcare/pharmaceutical and financial services advertising. Classified advertising revenue decreased as
weakness in help-wanted advertising was offset in part by continued growth in real estate advertising. Retail advertising revenue declined due to softer advertising from department stores and
restaurants.