NEW YORK -- The New York Times Company confirmed that it received notice today from Harbinger Capital Partners that it will nominate four Class A directors for election at the Company’s 2008 Annual Meeting on April 22.

Arthur Sulzberger, Jr., chairman of The New York Times Company said, “We have a strong and independent Board, but our Board’s Nominating and Governance Committee will review the nominations and make a recommendation to our shareholders in due course.”

The New York Times Company (NYSE: NYT), a leading media company with 2006 revenues of $3.3 billion, includes The New York Times, the International Herald Tribune, The Boston Globe, 15 other daily newspapers, WQXR-FM and more than 30 Web sites, including NYTimes.com, Boston.com and About.com. The Company's core purpose is to enhance society by creating, collecting and distributing high-quality news, information and entertainment.