American Community Newspapers LLC Completes Sale Process

DALLAS, June 29 /PRNewswire/ -- American Community Newspapers II LLC ("ACN
II"), a newly-formed company, today completed the acquisition of the assets of
American Community Newspapers LLC ("ACN"). This transaction follows the
receipt of court approval of the sale of ACN's assets and its subsidiaries,
which was given on June 2, 2009, and completes the 363 sale process.

ACN II does not anticipate any change to the day to day operating activity of
its newspapers and Web sites as a result of the new ownership. Its
publications will continue to serve their local communities, readers and
advertisers without interruption.

"This transaction allows us to move forward with a healthier balance sheet and
increased financial flexibility," said Gene Carr, Chief Executive Officer and
Director of ACN II. "We remain committed to the community newspaper model and
the hyper-local approach to delivering news and information in the communities
in which we operate. The commitment and professionalism of our employees has
been incredible during the sales process and has aided us in completing this
transaction in a timely and efficient manner. We look forward to continuing to
provide our readers and advertisers with outstanding service in the years
ahead."

About American Community Newspapers II LLC
ACN II is a community newspaper publisher in the United States, operating
within four major U.S. markets: Minneapolis - St. Paul; Dallas; Northern
Virginia (suburban Washington, D.C.); and Columbus, Ohio. These markets are
some of the most affluent, high growth markets in the United States, with ACN
II strategically positioned in many of the wealthiest counties within each
market. ACN II's goal is to be the preeminent provider of local content and
advertising in any market it serves.

Forward-Looking Statements
This press release contains forward-looking statements within the meaning of
the Private Securities Litigation Reform Act, with respect to future financial
or business performance, strategies and expectations. Forward-looking
statements are typically identified by words or phrases such as "trend,"
"potential," "opportunity," "pipeline," "believe," "comfortable," "expect,"
"anticipate," "current," "intention," "estimate," "position," "assume,"
"outlook," "continue," "remain," "maintain," "sustain," " seek, " "achieve,"
and similar expressions, or future or conditional verbs such as "will,"
"would," "should," "could," "may" and similar expressions.

SOURCE American Community Newspapers II LLC

Joe LoBello, Media, of Brainerd Communicators, +1-212-986-6667,
lobello@braincomm.com