MEDIA GENERAL, INC.

1.

Termination of Agreements.

a.

The Shareholders Agreement is hereby terminated effective as of the Combination Effective Time.

b.

The Registration Rights Agreement is hereby terminated effective as of the Combination Effective Time.

2.

Amendment to WME Agreement. The WME Agreement is hereby amended as follows effective as of the Combination Effective Time:

a.

Section 1 is hereby amended by re-lettering the existing paragraphs of Section 1 to be (b) through (k) and adding the following as a new paragraph (a):

b.

Section 2(b) of the WME Agreement is hereby amended to add the following new sentence as the last sentence thereof:

c.

Section 3 of the WME Agreement is hereby amended by adding the following as the last sentence of such section:

3.

Merger Agreement. Berkshire acknowledges and agrees that, pursuant to the Merger Agreement, at the Reclassification Effective Time, each of the outstanding shares of Class A Common Stock, par value $5.00 per share, of General (“General Class A Stock”), and each of the outstanding shares of Class B Common Stock, par value $5.00 per share, of General, will be converted into one (1) fully paid, validly issued and nonassessable share of Voting Common Stock of General (the “General Voting Common Stock”), except that the shares of General Class A Stock outstanding immediately prior to the Reclassification Effective Time and held by Berkshire or any of its affiliates (the “BH Persons”) as of such time shall be converted on a one-for-one basis into fully paid, validly issued and nonassessable shares of Non-Voting Common Stock of General (the “General Non-Voting Common Stock”), to the extent (but only to such extent) necessary to ensure that, immediately following the Combination Effective Time, the BH Persons will hold no more than four and ninety-nine hundredths percent (4.99%) of the then outstanding shares of General Voting Common Stock. General agrees that the shares of General Voting Common Stock and the General Non-Voting Common Stock into which the shares of General Class A Stock of the BH Persons will be converted pursuant to the Reclassification Merger (and shares of General Voting Common Stock issuable upon conversion of such shares of General Non-Voting Common Stock) shall be registered under the Securities Act of 1933, as amended, in connection with the Reclassification Merger and such shares shall not be subject to any restrictions on transfer, including any restrictive legends, other than restrictions on transfer contained in the articles of incorporation of General.

4.

Termination. In the event that the Merger Agreement is terminated in accordance with its terms, this letter agreement shall be null and void and have no further force and effect.

5.

Representations and Warranties. Each party hereto represents and warrants (i) that the execution, delivery, and performance of this letter agreement by such party have been duly authorized by such party, and this letter agreement constitutes a valid and legally binding agreement of such party enforceable against each party in accordance with its terms (except as may be limited by bankruptcy, insolvency, moratorium, reorganization or similar laws affecting the rights of creditors generally and the availability of equitable remedies), and (ii) that the execution, delivery and performance of this letter agreement by such party does not conflict with or violate any law applicable to such party and that such party is not subject to any contract that would impair or delay such party’s ability to perform its obligations hereunder.

6.

Governing Law. This letter agreement shall be governed and construed in accordance with the internal laws of the Commonwealth of Virginia applicable to contracts made and wholly performed within such state, without regard to any applicable conflicts of law principles that would result in the application of the laws of any other jurisdiction.

7.

Severability. Any term or provision of this letter agreement which is invalid or unenforceable in any jurisdiction shall, as to that jurisdiction, be ineffective to the extent of such invalidity or unenforceability without rendering invalid or unenforceable the remaining terms and provisions of this letter agreement or affecting the validity or enforceability of any of the terms or provisions of this letter agreement in any other jurisdiction. Upon determination that any term or other provision of this letter agreement is invalid or incapable of being enforced, the parties shall negotiate in good faith to modify this letter agreement so as to effect the original intent of the parties as closely as possible in an acceptable manner to the end that the transactions contemplated hereby are fulfilled to the extent possible.

8.

Entire Agreement. This letter agreement constitutes the entire agreement among the parties with respect to the subject matter of this letter agreement, and supersedes all prior agreements and understandings, both written and oral, among the parties hereto, with respect to the subject matter of this letter agreement.

9.

Amendment; Waivers. This letter agreement may not be amended except by an instrument in writing signed on behalf of each of the parties hereto. The waiver by any party of a breach of any provision hereunder shall not operate or be construed as a waiver of any prior or subsequent breach of the same or any other provision hereunder.

10.

Counterparts. This letter agreement may be executed in two or more counterparts, all of which shall be considered one and the same agreement and shall become effective when counterparts have been signed by each of the parties and delivered to the other parties, it being understood that each party need not sign the same counterpart.