UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
SCHEDULE 13G
UNDER THE SECURITIES EXCHANGE ACT OF 1934
(AMENDMENT NO. 5)*
McClatchy Newspapers, Inc.
- --------------------------------------------------------------------------------
(Name of Issuer)
Class A Common Stock
- --------------------------------------------------------------------------------
(Title of Class of Securities)
579489-10-5
----------------
(CUSIP Number)
*The remainder of this cover page shall be filled out for a reporting person's
initial filing on this form with respect to the subject class of securities, and
for any subsequent amendment containing information which would alter the
disclosures provided in a prior cover page.
The information required in the remainder of the cover page shall not be deemed
to be "filed" for the purpose of Section 18 of the Securities Exchange Act of
1934 ("Act") or otherwise subject to the liabilities of that section of the Act
but shall be subject to all other provisions of the Act (however, see the
Notes).
Page 1 of
<PAGE>
CUSIP No. 579489-10-5 13G Page 2 of 6 Pages
-------------
<TABLE>
<S> <C> <C> <C>
- ----------------------------------------------------------------------------------------------
1 NAME OF REPORTING PERSON
SS OR IRS IDENTIFICATION NO. OF ABOVE PERSON
Sue Maloney Stiles
- ----------------------------------------------------------------------------------------------
2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP
Not Applicable. (a) |_|
(b) |_|
- ----------------------------------------------------------------------------------------------
3 SEC USE ONLY
- ----------------------------------------------------------------------------------------------
4 CITIZENSHIP OR PLACE OF ORGANIZATION
United States
- ----------------------------------------------------------------------------------------------
5 SOLE VOTING POWER
At December 31, 1997: 2,850 shares of Class A Common Stock
1,263,457 shares of Class B Common Stock
--------------------------------------------------------------------------------
NUMBER OF 6 SHARED VOTING POWER
SHARES
BENEFICIALLY -0-
OWNED BY
EACH
REPORTING
PERSON WITH
--------------------------------------------------------------------------------
7 SOLE DISPOSITIVE POWER
At December 31, 1997: 2,850 shares of Class A Common Stock
1,263,457 shares of Class B Common Stock
--------------------------------------------------------------------------------
8 SHARED DISPOSITIVE POWER
-0-
- ----------------------------------------------------------------------------------------------
9 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
1,266,307
- ----------------------------------------------------------------------------------------------
10 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES
- ----------------------------------------------------------------------------------------------
11 PERCENT OF CLASS PRESENTED BY AMOUNT IN ROW 9
11.9%
- ----------------------------------------------------------------------------------------------
12 TYPES OF REPORTING PERSON
IN
- ----------------------------------------------------------------------------------------------
</TABLE>
<PAGE>
CUSIP No. 579489-10-5 13G Page 3 of 6 Pages
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Item 1(a). Name of Issuer
- --------- --------------
McClatchy Newspapers, Inc.
Item 1(b). Address of Issuer's Principal Executive Offices
- --------- -----------------------------------------------
2100 "Q" Street
Sacramento, CA 95816
Item 2(a). Name of Person Filing
- --------- ---------------------
Sue Maloney Stiles
Item 2(b). Address of Principal Business Office or, if none,
- --------- Residence
-------------------------------------------------
4025 Highway 1
Cayucos, CA 93430
Item 2(c). Citizenship
- --------- -----------
United States
Item 2(d). Title of Class of Securities
- --------- ----------------------------
Class A Common Stock
Item 2(e). CUSIP Number
- --------- ------------
579489-10-5
Item 3. If this statement is filed pursuant to Rules 13d-1(b)
- ------ or 13d-2(b), check whether the person filing is a:
-----------------------------------------------------
(a) |_| Broker or Dealer registered under
Section 15 of the Act;
(b) |_| Bank as defined in section 3(a)(6) of
the Act;
(c) |_| Insurance Company as defined in section
3(a)(19) of the Act;
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CUSIP No. 579489-10-5 13G Page 4 of 6 Pages
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(d) |_| Investment Company registered under
section 8 of the Investment Company Act;
(e) |_| Investment Adviser registered under
section 203 of the Investment Company Act of 1940;
(f) |_| Employee Benefit Plan, Pension Fund
which is subject to the provisions of the Employee
Retirement Income Security Act of 1974 or Endowment Fund;
see
ss.240.13d-1(b)(1)(ii)(F);
(g) |_| Parent Holding Company, in accordance
with ss.240.13d-1(b)(ii)(G) (Note: See Item 7); or
(h) |_| Group, in accordance with ss.240.13d-
1(b)(1)(ii)(H).
Not Applicable
Item 4. Ownership
- ------ ---------
(a) Amount Beneficially Owned: 1,266,307
---------------------------
(b) Percent of Class: 11.9%
------------------------------------
(c) Number of shares as to which such person has:
(i) sole power to vote or to direct the vote
1,266,307
-----------------------------------------------------
(ii) shared power to vote or to direct the vote
-0-
-----------------------------------------------------
(iii) sole power to dispose or to direct the
disposition of 1,266,307
-------------------------------------------
(iv) shared power to dispose or to direct the
disposition of -0-
-------------------------------------------
Item 5. Ownership of Five Percent or Less of a Class
- ------ --------------------------------------------
If this statement is being filed to report the fact that
as of the date hereof the reporting person has ceased to
be the beneficial owner of more than five percent of the
class of securities, check the following |_|.
Not Applicable
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CUSIP No. 579489-10-5 13G Page 5 of 6 Pages
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Item 6. Ownership of More than Five Percent on Behalf of Another
- ------ Person
----------------------------------------------------------
Not Applicable
Item 7. Identification and Classification of the Subsidiary Which
- ------ Acquired the Security Being Reported on by the Parent
Holding Company
----------------------------------------------------------
Not Applicable
Item 8. Identification and Classification of Members of the Group
- ------ ----------------------------------------------------------
Not Applicable
Item 9. Notice of Dissolution of Group
- ------ ------------------------------
Not Applicable
Item 10. Certification
- ------- -------------
Not Applicable
<PAGE>
CUSIP No. 579489-10-5 13G Page 6 of 6 Pages
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SIGNATURE
After reasonable inquiry and to the best of my knowledge and belief, I
certify that the information set forth in this statement is true, complete and
correct.
February 7, 1998
---------------------------------------
Date
/s/ Sue Maloney Stiles
---------------------------------------
Signature
Sue Maloney Stiles
---------------------------------------
Name/Title
