Meredith : To Present At Citi Investor Conference

DES MOINES, IA (December 21, 2016) - Meredith Corporation (NYSE: MDP; meredith.com), one of America's leading media and marketing companies, will present at Citi's 2017 Global Internet, Media & Telecommunications Conference at 9:30 a.m. PST on January 4, 2017 in Las Vegas.

Meredith's Local Media Group President Paul Karpowicz, Chief Financial Officer Joe Ceryanec and Director of Investor Relations Mike Lovell will discuss Meredith's key strategic initiatives, including the company's commitment to Total Shareholder Return.

A copy of the presentation and access to webcast will be available on the Investor Relations portion of meredith.com.

ABOUT MEREDITH CORPORATION
Meredith Corporation (NYSE: MDP; meredith.com) has been committed to service journalism for 115 years. Today, Meredith uses multiple distribution platforms - including broadcast television, print, digital, mobile and video - to provide consumers with content they desire and to deliver the messages of its advertising and marketing partners.

Meredith's Local Media Group includes 17 owned or operated television stations reaching 11 percent of U.S. households. Meredith's portfolio is concentrated in large, fast-growing markets, with seven stations in the nation's Top 25 - including Atlanta, Phoenix, St. Louis and Portland - and 13 in Top 50 markets. Meredith's stations produce 700 hours of local news and entertainment content each week, and operate leading local digital destinations.

Meredith's National Media Group reaches more than 100 million unduplicated women every month, including 75 percent of U.S. Millennial women. Meredith is the leader at creating and distributing content across platforms in key consumer interest areas such as food, home, parenting and health through well-known brands such as Better Homes and Gardens, Allrecipes, Parents and Shape. Meredith also features robust brand licensing activities, including more than 3,000 SKUs of branded products at 4,000 Walmart stores across the U.S. and at walmart.com. Meredith Xcelerated Marketing is an award-winning, strategic and creative agency that provides fully integrated marketing solutions for many of the world's top brands, including Kraft, TGIFriday's and NBC Universal.

Meredith's balanced portfolio consistently generates substantial free-cash flow, and the Company is committed to growing Total Shareholder Return through dividend payments, share repurchases and strategic business investments. Meredith's current annualized dividend of $1.98 per share yields approximately 3 percent. Meredith has paid a dividend for 69 straight years and increased it for 23 consecutive years.