The new paper will be priced at 50p and will be in addition to the current weekly Express & Echo which is published on a Thursday priced at £1.
Editor Jon-Paul Hedge said: “It’s an ambitious plan but Exeter is an ambitious city. It has seen tremendous growth over recent years and is leading the way in so many areas.
“We have listened to our readers, who said alongside our digital platform, they want us to publish more. I’m delighted that we’ll be hiring additional staff, to meet this demand with more of the content our readers love.
“With Exeter City and East Devon editions, both Thursday and Monday’s newspapers will reflect the views of residents, that business growth and shared aspirations mean a bright future ahead.”
The Express & Echo is published by Local World.