February 25, 2004

The Belo Foundation names new executive director

Dallas, TX -- Belo Corp. (NYSE: BLC) announced today that it has named Amy Mettlen Meadows as executive director of The Belo Foundation, the primary philanthropic arm of the Company. Meadows assumes day-to-day management responsibilities from Judith Garrett Segura, who was promoted to company historian and will serve as a trustee of the Foundation.

Meadows joined the Foundation February 2. As executive director, she will oversee an organization that has awarded $20 million in grants during its 50 years of philanthropic efforts. Meadows will also serve as secretary of the Foundation.

Prior to joining the Foundation, Meadows was executive director of Dallas Social Venture Partners, a donor-advised fund of The Dallas Foundation that assists non-profit organizations in Dallas County. She was with the fund from July 2001 to February 2003.

Meadows served as director of communications for Fidelity Investments Southwest from July 1996 to June 2001, having been promoted from the position of community relations manager. Prior to joining Fidelity in 1995, Meadows served in a variety of roles with the YWCA of Metropolitan Dallas, the Texas Childhood Hunger Identification Project and the University of North Texas.

Segura was promoted earlier this year to company historian, a position responsible for researching, building and maintaining the archive of the oldest continuously operating company in Texas. Prior to her promotion, Segura was president of The Belo Foundation from 1998 to 2003.

Segura joined the Company in 1981 as educational services manager of The Dallas Morning News and created the newspapers first Newspaper in Education Program. She moved to the corporate office in 1986 to manage public affairs, Company history, the corporate art collections as well as the Foundation. She was elected secretary of the Foundation in 1987, vice president in 1993, and became president in 1998. She was elected a Foundation trustee effective January 1, 2004.

The Belo Foundation is an endowment created by Belo Corp. and governed by trustees who are current or retired Company executives. The Foundation supports charitable organizations focusing on its areas of interest: the enhancement of center city public parks and urban spaces, and city planning efforts, which are vital to quality of life; and college-level journalism education, focusing on the development of a well-trained and diverse corps of professional journalists.

About Belo
Belo Corp. is one of the nations 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 Americas 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 15 markets) reaching 13.8 percent of U.S. television households; owns or operates 10 cable news channels; and manages one television station through a local marketing agreement. Belos daily newspapers include The Dallas Morning News, The Providence Journal, The Press-Enterprise (Riverside, CA) and the Denton Record-Chronicle (Denton, TX). Belo Interactives new media businesses include more than 30 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, Belos vice president/Corporate Communications, at 214-977-2067.