Summary of Exhibit A

Omaha World Herald Company

Summary of Value

Fair Market Value as of December 31, 1997

                                                                        Discounted

Business                                    Book Value    Market Value  Market Value

Omaha World-Herald Newspaper                $32,284,787   $32,284,787   $32,284,787

World Companies, Inc.

    World Newspapers

        Brookings Publishing Company, Inc.  $1,401,969     $1,401,969    $1,401,969

        Carlsbad Current-Argus, Inc.          4,690,149     4,690,149     4,690,149

        Columbus Publishing Company, Inc.     5,981,268     5,981,268     5,981,268

        Huron Publishing Company, Inc.        2,959,577     2,959,577     2,959,577

        Kearney Hub Publishing Comp., Inc.    3,188,690     3,188,690     3,188,690

        The Papillion Times Printing Comp.      580,657       580,657       580,657

        Stockton Newspapers, Inc.            70,703,995    70,703,995    70,703,995

        WNI Overhead                            (93,666)      (93,666)      (93,666)

        Total World Newspapers               89,412,639    89,412,639    89,412,639

    World Marketing, Inc.

        Ace Mailing Services, Inc.            3,749,381     5,530,000     5,320,180

        Direct Response, Inc.                 1,121,497     1,370,000     1,340,718

        ESA Direct Marketing, Inc.            1,627,761     1,000,000     1,073,972

        LEE Marketing Services, Inc.         12,370,893    13,960,000    13,772,747

        Redstone Communications, Inc.         4,694,549     3,240,000     3,411,397

        The Rylander Company                    692,944       610,000       619,774

        World Technologies, Inc.                443,776       720,000       687,451

        WMI Overhead                          2,671,120     2,671,120     2,671,120

        Total World Marketing                27,371,921    29,101,120    28,897,359

    World Enterprises, Inc.                    (105,543)     (105,543)     (105,543)

    WCI Overhead                             (1,173,069)    2,301,931     2,301,931

        Total World Companies               115,505,948   120,710,147   120,506,386

    World Investments, Inc.

        Election Systems and Software, Inc.   9,244,686    24,145,372    22,644,122

        Heartland Capital Fund                  954,462       954,462       715,847

        McCarthy Group, Inc.                  4,895,656     6,989,535     5,242,151

        Marketable Securities                   543,139       543,139       543,139

        WI Overhead                             766,103       766,103       766,103

        Total World Investments              16,404,046    33,398,611    29,911,362

        Omaha World Herald Corporate        (64,219,391)  (64,219,391)  (64,219,391)

        Total Omaha World-Herald             99,975,390   122,174,154   118,463,144

        Not a complete copy of Exhibit A.  Abbreviated for ease of use.