November 6, 2002

Fry named President and General Manager of KGW-TV

Portland, OR --Belo Corp. (NYSE: BLC) announced today that R. Paul Fry has been named president and general manager of KGW-TV, the NBC affiliate in Portland, effective immediately. Fry, 39, has served as general manager of Belo's Seattle-based NorthWest Cable News (NWCN) since 1999 and was promoted to president and general manager of NWCN in January 2002.

Fry will report to Glenn C. Wright, senior vice president of Belo's Northwest operating cluster.

"Paul's leadership and management skills, along with his experience in Belo's Northwest region, make him an excellent choice for this important role," Wright said. "KGW Northwest NewsChannel 8 is Portland's news leader because of its longtime commitment to journalistic excellence and community involvement, and we intend to strengthen and extend this commitment under Paul."

"KGW Northwest NewsChannel 8 has been a market leader in Portland, tying for first from sign-on to sign-off in the July 2002 Nielsen ratings and demonstrating consistent ratings improvement over the past three years," Fry said. "I'm delighted to have the opportunity to lead one of the top television stations, and one of the most talented staffs, in the Northwest."

Prior to his tenure at NWCN, Fry served as vice president and general manager of KONG-TV (Ind.) in Seattle/Tacoma in 1998 and as vice president/Cable and Program Development in Belo's Broadcast Division in 1997. In 1996, Fry served as an executive assistant to Belo's chief executive officer during the transition following Belo's acquisition of The Providence Journal Company.

From 1993 to 1996, he was director of finance and controller for Belo's Broadcast Division, and previously served as controller of KOTV, the CBS affiliate in Tulsa, Oklahoma, which was then owned by Belo. Fry joined Belo in 1990 in the Company's corporate accounting department. Before joining Belo, Fry held accounting and tax positions with KPMG Peat Marwick, Murray Properties Company and Triton Energy.

Fry is a graduate of Texas Wesleyan University, where he earned a bachelor of business administration degree.

About KGW
KGW-TV is owned and operated by Dallas-based Belo Corp., one of the nation's largest media companies with a diversified group of market-leading television, newspaper, cable and interactive media assets. A Fortune 1000 company with approximately 7,800 employees and $1.4 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 19 television stations (six in the top 16 markets) reaching 13.9 percent of U.S. television households; owns or operates six cable news channels; and manages one television station through a local marketing agreement. Belo publishes four daily newspapers: The Dallas Morning News, The Providence Journal, The Press-Enterprise (Riverside, CA) and the Denton Record-Chronicle (Denton, TX). Belo Interactive's new media businesses include 34 Web sites, several interactive alliances, and a broad range of Internet-based products. Additional information, including earnings releases, is available online at For more information, contact Scott Baradell, Belo's vice president/Corporate Communications, at 214-977-2067.