February 26, 2003

Belo to present at the Bear Stearns 16th Annual Media, Entertainment and Information Conference

Dallas, TX --Belo Corp. (NYSE: BLC) will present at the Bear Stearns 16th Annual Media, Entertainment and Information conference in Palm Beach, Florida on Tuesday, March 4, at 11:15 a.m. EDT, providing guidance to the investment community on the Company's business strategies, financial outlook and current operations.

To listen to the live Webcast of Belo's presentation, access www.Belo.com and click on News Releases and then Recent Presentations. The Web site has instructions for listening to the Webcast, which will be available through Real Audio or Windows Media players. Please allow 15 minutes to access the Web site and complete all the links before the presentation begins.

About Belo
Belo 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 13.7 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. For more information, contact Carey Hendrickson, Belo's vice president of investor relations, at 214-977-6626. Additional information, including earnings releases, is available online at www.belo.com.