WASHINGTON--The Board of Directors of The Washington Post Company (NYSE: WPO) today declared a regular quarterly dividend of $1.30 per share, payable on November 5, 1999, to shareholders of record on October 22, 1999.

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     CONTACT:  The Washington Post Company, Washington
               Guyon Knight, 202/334-6642 

     KEYWORD:  DISTRICT OF COLUMBIA
     INDUSTRY KEYWORD:  PUBLISHING DIVIDEND