X0306 4 2016-05-10 0 0001579684 New Media Investment Group Inc. NEWM 0001361906 Freiberg Gregory William 1345 AVENUE OF THE AMERICAS, 46 FL NEW YORK NY 10105 0 1 0 0 CFO and CAO Common Stock, par value $0.01 per share 2016-05-10 4 P 0 25000 16.0966 A 73269 D Shares were purchased in the open market. The shares were purchased in multiple transactions and the price reported is a weighted average. The purchase price ranged from $16.00 to $16.10. The reporting person undertakes to provide the issuer, any security holder of the issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares purchased at each separate price within the range set forth in this footnote. /s/ Cameron D. MacDougall as Attorney-in-fact for Gregory W. Freiberg 2016-05-10