X0201 4 2003-11-05 0 0001232241 JOURNAL COMMUNICATIONS INC JRN 0001237395 PRATHER JAMES P C/O JOURNAL COMMUNICATIONS, INC. 333 WEST STATE STREET MILWAUKEE WI 53203 0 1 0 0 Vice President Class B-1 Common Stock 0.00 2003-11-05 4 D 0 28602 15.00 D Class A Common Stock 28602 19068 D Class B-2 Common Stock 0.00 Class A Common Stock 47670 47670 D The Class B-1 Common Stock is convertible into Class A Common Stock (subject to certain limitations specified in the Issuer's articles of incorporation) on a 1-for-1 basis at no cost. The indicated shares were accepted for payment by Journal Communications, Inc. (the "Company") on November 5, 2003 pursuant to the Company's issuer tender offer. The Class B-2 Common Stock is convertible into Class A Common Stock (subject to certain limitations specified in the issuer's articles of incorporation) on a 1-for-1 basis at no cost. By: Peter C. Underwood, Attorney-In-Fact 2003-11-06