April 18, 2001

Belo sets schedule for First Quarter Earnings Release and Conference Call

Dallas, TX -- Belo (NYSE: BLC) said today that it will issue a news release regarding its 2001 first quarter earnings on Thursday, April 26, 2001, at approximately 7:30 a.m. Central Daylight Time.

A conference call to discuss the earnings release and other matters of interest to shareholders and analysts will follow at 2:00 p.m. Central Daylight Time on April 26.

The conference call will be simultaneously Webcast over the World Wide Web. The press and public are invited to participate in the call in a listen-only mode by dialing
1-800-218-8862 or by logging onto www.belo.com and following the instructions set forth on the News Releases page of Belo's Web site (www.belo.com/news.html).

Following the conclusion of the Webcast, the conference call will also be available for playback for a period of approximately two weeks on Belo's Web site.

About Belo
Belo is one of the nation's largest media companies with a diversified group of market-leading broadcasting, publishing, cable and interactive media assets. A Fortune 1000 company with more than 8,500 employees and $1.5 billion in annual revenues, Belo operates news and information franchises in some of America's most dynamic markets and regions, including Texas, the Northwest, the Southwest, Rhode Island, and the Mid-Atlantic region. Belo owns 17 television stations (six in the top 17 markets) reaching 13.7 percent of U. S. television households; owns or operates six cable news channels; and manages three television stations through local marketing agreements. Belo publishes four daily newspapers including The Dallas Morning News, The Providence Journal and The Press-Enterprise (Riverside, CA.). Belo Interactive's new media businesses include 35 Web sites, several interactive alliances, and a broad range of Internet-based products. For more information, contact Skip Cass, Belo's senior vice president, or Carey Hendrickson, Belo's vice president of investor relations, at 214-977-6606. Additional information, including earnings releases, is available online at www.belo.com.