Sun-Times Media Group To Announce Second Quarter 2008 Financial Results

CHICAGO--(Business Wire)--
Sun-Times Media Group, Inc. (OTCBB:SUTM) today announced that it
will release its financial and operating results for the quarter ended
June 30, 2008 on Thursday, August 7, 2008, after market close.

About Sun-Times Media Group

Sun-Times Media Group, Inc. is dedicated to being the premier
source of local news and information for the greater Chicago area. Its
media properties include the Chicago Sun-Times and Suntimes.com as
well as newspapers and Web sites serving more than 200 communities
across Chicago. Further information can be found at
http://www.thesuntimesgroup.com.

Cautionary Statement on Forward-Looking Statements

Certain statements made in this release are "forward-looking
statements" within the meaning of the Private Securities Litigation
Reform Act of 1995 (the "Act"). Forward-looking statements include,
without limitation, any statement that may predict, forecast, indicate
or imply future results, performance or achievements, and may contain
the words "believe," "anticipate," "expect," "estimate," "project,"
"will be," "will continue," "will likely result," "plan," or similar
words or phrases. Forward-looking statements involve risks and
uncertainties, which may cause actual results to differ materially
from the forward-looking statements. The risks and uncertainties are
detailed from time to time in reports filed by Sun-Times Media Group
with the Securities and Exchange Commission, including in its Forms
10-K and 10-Q. New risk factors emerge from time to time and it is not
possible for management to predict all such risk factors, nor can it
assess the impact of all such risk factors on the Company's business
or the extent to which any factor, or combination of factors, may
cause actual results to differ materially from those contained in any
forward-looking statements. Given these risks and uncertainties,
investors should not place undue reliance on forward-looking
statements as a prediction of actual results.

Sun-Times Media Group, Inc.
Tammy Chase
Director of Investor Relations
312-321-3230 or tchase@suntimes.com

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