July 1, 2003

KMOV wins National Gerald Loeb Award

St. Louis, MO --KMOV Channel 4 won the national Gerald Loeb Award in the category of television long form, winning over finalists that included CBS News' 60 Minutes II and ABC News.

KMOV's winning entry was "La Oroya, City of Lead" by Reporter Craig Cheatham, Photographer Mark Hadler and Editor Andrea Torrance. "La Oroya, City of Lead" was a series of investigative reports about a St. Louis-based lead company that was polluting the town of La Oroya, Peru. The series also recently won first-place awards from the National Press Club and the Missouri Broadcasters Association.

"It is an immense honor to win an award of this caliber," said Marty Van Housen, News Director of KMOV-TV. "We are all very proud of Craig Cheatham and everyone who worked with him to produce such an outstanding, award-winning series of reports - representative of the quality work of KMOV."

The awards were presented last night in New York. The Gerald Loeb Awards were established 45 years ago to honor writers who make significant contributions to the understanding of business, finance and the economy. The awards consist of ten different categories and are judged by distinguished journalists, academia and professionals throughout the country. The Anderson School at UCLA has presented the program since 1973.

About KMOV
KMOV is part of Belo Corp. (NYSE:BLC). 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. Based in Dallas, Belo owns 19 television stations (six in the top 16 markets) reaching 13.7 percent of U.S. television households; owns or operates nine 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.