Company Press Releases

Dolan Media Company Press Release

Dolan Media Company Announces Close of Initial Public Offering and Exercise of Underwriters' Option to Purchase Additional Share

Minneapolis — (BUSINESS WIRE) August 7, 2007 – Dolan Media Company (NYSE:DM) today announced that the underwriters of the Company's initial public offering have exercised in full their option to purchase an additional 2,018,478 shares of the Company's common stock from certain selling stockholders at the initial public offering price of $14.50 per share. The Company did not receive any proceeds from the sale of these shares, which closed along with the rest of the initial public offering earlier today.

The offering was led by Goldman, Sachs & Co. and Merrill Lynch & Co., acting as joint bookrunners and as representatives of the underwriters. Piper Jaffray & Co. and Craig-Hallum Capital Group LLC acted as co-managers.

Copies of the final prospectus for the initial public offering may be obtained by contacting the prospectus department at Goldman, Sachs & Co. by telephone at 1-866-471-2526 or by mail to: Goldman, Sachs & Co., Attn: Prospectus Dept., 85 Broad St., New York, NY 10004, Fax: 212-902-9316, or via email to: prospectus-ny@ny.email.gs.com; or at Merrill Lynch & Co., Attn.: Prospectus Department, 4 World Financial Center- 4th floor, New York, NY 10080.

A registration statement relating to these securities has been declared effective by the United States Securities and Exchange Commission. This press release shall not constitute an offer to sell or the solicitation of an offer to buy nor shall there be any sale of these securities in any state in which such offer, solicitation or sale would be unlawful prior to registration or qualification under the securities laws of such state.

About Dolan Media
Dolan Media is a leading provider of business information and professional services to legal, financial and real estate sectors in the United States. The company's Business Information Division publishes business journals, court and commercial media and other publications, operates web sites and conducts a broad range of events for targeted audiences in each of the 20 geographic markets that it serves across the United States. The company's Professional Services Division provides specialized services to the legal profession through its American Processing Company LLC (APC) and Counsel Press, LLC units. APC is a leading provider of mortgage default processing services to law firms in the United States and Counsel Press is the nation's largest provider of appellate services to the legal community.

CONTACT: For Dolan Media Company
ICR, Inc.
Allyson Pooley / Laura Foster
310-954-1100
apooley@icrinc.com/lfoster@icrinc.com

SOURCE: Dolan Media Company

Cherry Tree is a founder, investor and board member of Dolan Media.