December 19, 2002

WFAA-TV wins 2003 duPont-Columbia award, the 16th silver baton for Belo's Television Group

Dallas, TX --Belo Corp. (NYSE: BLC) said that WFAA-TV, the Company's ABC affiliate in Dallas/Fort Worth, has been
awarded a 2003 Alfred I. duPont-Columbia University Award for excellence in broadcast journalism. The award marks the 11th Silver Baton for Belo's Television Group since 1985 and its 16th overall.

WFAA reporter Brett Shipp, producer Mark Smith, editor
Kraig Kirchem and vice president/news David Duitch were all honored for their work on "FAKE DRUGS-REAL LIVES," a story exposing Dallas police department informants who planted powdered gypsum to arrest poor and immigrant defendants on drug charges.

Of the 2003 Silver Batons awarded, WFAA is the only local,
nightly newscast recognized with this honor.

"WFAA has demonstrated once again that Belo's
operational success starts with great journalism," said Colleen B. Brown, Belo's senior vice president who is responsible for Belo's Texas television and
cable news operations. "The Texas station group consistently leads its regional competitors in national and regional awards, which is a reflection of our unique understanding of, and commitment to, the audiences we serve.

Belo demonstrates similar leadership in our Northwest and Southwest regions and across our operating companies."

KHOU-TV,
Belo's CBS affiliate in Houston, won a 2001 Silver Baton for its series on the safety of Firestone tires, which was followed by a recall of more than six million tires. Overall, six Belo television stations have won 16 duPont-Columbia awards since 1961, with WFAA leading all Belo stations with seven awards.

The Alfred I. duPont-Columbia University Awards recognize overall excellence in broadcast journalism and are among the industry's most prestigious awards. This year's award
winners were selected from 600 submissions. Winners will receive their awards at the 61st annual awards ceremony on January 15, 2003 in New York.

About Belo
Belo Corp., based in Dallas, is 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 www.belo.com. For more
information, contact Scott Baradell, Belo's vice president/Corporate Communications, at 214-977-2067.