The New York Times to Be a Sponsor of the 2005 JPMorgan Chase Corporate Challenge.

NEW YORK -- The New York Times announced today that it will be one of the co-sponsors for the 2005 JPMorgan Chase Corporate Challenge(R), a 3.5 mile road race now held in cities throughout New York State, the U.S. and the world. The event is the largest corporate fitness series in the world with

The JPMorgan Chase Corporate Challenge has two events in Central Park - on June 22 and 23 - and also features races in Rochester (June 2), Buffalo (June 9), Long Island Jones Beach (July 26) and Syracuse (August 2). In total, the JPMorgan Chase Corporate Challenge Series visits 15 cities in six countries on five continents.

"The JPMorgan Chase Corporate Challenge in New York is a fantastic event for runners from all over," said Jyll F. Holzman, senior vice president of advertising, The New York Times. "The Times is thrilled to be a co-sponsor and to watch this great team building event grow each year."

The JPMorgan Chase Corporate Challenge is now in its 29th consecutive year of operation, beginning in 1977 with approximately 200 runners from 50 companies in one event at Central Park. The Times has been a co-sponsor of the JPMorgan Chase Corporate Challenge since 1988.

Information regarding the races, including locations, entry rules, dates and start times, can be found by visiting www.jpmorganchasecc.com.

The New York Times Company (NYSE: NYT), a leading media company with 2004 revenues of $3.3 billion, includes The New York Times, the International Herald Tribune, The Boston Globe, 16 other newspapers, eight network-affiliated television stations, two New York City radio stations and more than 40 Web sites, including NYTimes.com, Boston.com and About.com. For the fifth consecutive year, the Company was ranked No. 1 in the publishing industry in Fortune's 2005 list of America's Most Admired Companies. The Company's core purpose is to enhance society by creating, collecting and distributing high-quality news, information and entertainment.

This press release can be downloaded from www.nytco.com