Consolidated revenues of Daily Journal Corporation (NASDAQ:DJCO) were $30,315,000 and $30,078,000 for the nine months ended June 30, 2009 and 2008, respectively. This increase of $237,000 (1%) was primarily from an increase in public notice advertising revenues of $2,224,000, which more than offset a decrease of $791,000 (22%) in display advertising revenues and a $1,295,000 (43%) decrease in classified advertising revenues. The Company continued to benefit from the large number of foreclosure sales in California and Arizona, for which public notice advertising is required by law.

During the nine months ended June 30, 2009, consolidated pretax income increased by $1,084,000 (13%) to $9,383,000 from $8,299,000 in the nine months ended June 30, 2008. The Company’s traditional business segment pretax profit increased by $1,027,000 (12%) to $9,351,000 from $8,324,000 primarily because of an increase in trustee foreclosure sale notices and a decrease in personnel costs. Sustain’s business segment pretax income increased $57,000 to $32,000 from a loss of $25,000, primarily because of increased consulting revenues.

During the nine months ended June 30, 2009, the Company purchased marketable securities of $20,424,000 and had an unrealized gain on its investments of $25,898,000. All the marketable securities are common stocks and bonds, and almost all of the unrealized appreciation was in the common stocks.

Consolidated net income was $5,773,000 and $5,149,000 for the nine months ended June 30, 2009 and 2008, respectively. Net income per share increased to $4.08 from $3.54.

Daily Journal Corporation publishes newspapers and web sites covering California and Arizona, as well as the California Lawyer, 8-K and NextGen magazines, and produces several specialized information services. Sustain Technologies, Inc., a wholly-owned subsidiary, supplies case management software systems and related products to courts and other justice agencies, including district attorney offices and administrative law organizations.

Daily Journal Corporation’s Form 10-Q for the nine months ended June 30, 2009 is expected to be filed electronically with the Securities and Exchange Commission today. We invite your attention to the Form 10-Q which contains our consolidated financial statements, management’s discussion and analysis of financial condition and results of operations and other information.

This press release includes “forward-looking statements” within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. Certain statements contained in this press release are “forward-looking” statements that involve risks and uncertainties that may cause actual future events or results to differ materially from those described in the forward-looking statements. Words such as “expects,” “intends,” “anticipates,” “should,” “believes,” “will,” “plans,” “estimates,” “may,” variations of such words and similar expressions are intended to identify such forward-looking statements. We disclaim any intention or obligation to revise any forward-looking statements whether as a result of new information, future developments, or otherwise. Although we believe that the expectations reflected in such forward-looking statements are reasonable, we can give no assurance that such expectations will prove to have been correct. Additional information concerning factors that could cause actual results to differ materially from those in the forward-looking statements is contained from time to time in documents we file with the Securities and Exchange Commission, including the Form 10-Q we expect to file today and our Annual Report on Form 10-K for the fiscal year ended September 30, 2008.