Item 1.01. Entry Into a Material Definitive Agreement.

As required by the Amended and Restated Credit Agreement, dated as of December 21, 2005, among Lee Enterprises, Incorporated ("Company"), various Lenders thereto, and Deutsche Bank Trust Company Americas ("Deutsche Bank"), as Administrative Agent (as amended on October 30, 2008, the "Credit Agreement"), the Company and certain of its subsidiaries, as Assignors, entered into a Security Agreement dated as of November 21, 2008 (the "Security Agreement") with Deutsche Bank, as Collateral Agent. Under the Security Agreement, the Assignors pledged substantially all of their assets for the benefit of the secured parties as collateral for the payment and performance of their obligations under the Credit Agreement. The pledged assets include, among other things, equipment, inventory, accounts receivables, depository accounts, intellectual property and certain other tangible and intangible assets of the Assignors (excluding assets of Pulitzer Inc. and its subsidiaries and of Madison Newspapers, Inc. and employee benefit and retirement accounts).

Under the Credit Agreement, certain Assignors, separately, will be granting mortgages covering real estate and improvements (excluding real estate of Pulitzer Inc. and its subsidiaries and of Madison Newspapers, Inc.).