WASHINGTON -- The Washington Post Company said today that its Board of Directors has approved an increase in the annual dividend rate on the company's common stock from $4.40 to $4.60 per share.

The dividend for the first quarter of 1996, $1.15 per share, is payable on February 9, 1996, to shareholders of record on January 26, 1996.

Contact:

Guyon Knight
The Washington Post Company
(202) 334-6642