June 26, 2003

The Dallas Morning News announces launch of daily Spanish-Language Newspaper - Al Dia

Dallas, TX --June 4, 2003 - The Dallas Morning News has announced it will launch a daily Spanish-language newspaper, Al Dia. The new publication will provide North Texas Hispanic residents with timely, in-depth local news coverage of issues and events affecting their community. Al Dia is scheduled to launch early in the fourth quarter of 2003.

The new publication's coverage will include local, national, international, business, entertainment, lifestyles and sports stories. In addition, Al Dia will offer readers important information from voting locations to updates on road construction and conditions, weather forecasts and soccer scores, as well as a daily classified section. Al Dia will operate independently of The Dallas Morning News, and will be located in The Dallas Morning News building in downtown Dallas.

"There is currently no Spanish daily newspaper in Dallas, yet Hispanics account for almost 25% of the DFW area's population," said Gilbert Bailon, president and editor of Al Dia. "Our new Spanish-language daily Al Dia will not be The Dallas Morning News translated in Spanish, but rather an entirely new publication that speaks to and serves the Hispanic community."

The publication will feature original content supplemented with content from Spanish-language wire services. In addition, the Al Dia staff will have access to Belo Corp.'s respected news resources around the world including its Mexico City bureau, which has recently added five Dallas Morning News correspondents and a new bureau chief. Al Dia will also work closely with Belo bureaus in Cuba and South America. The Dallas Al Dia business operations will be led by Mike Cano as general manager. Additional Al Dia management staff includes Alfredo Carbajal-Madrid as managing editor and Gene Chavez as circulation manager.

About The Dallas Morning News
The Dallas Morning News is published by 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 13.7 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. Additional information, including earnings releases, is available online at www.belo.com.