April 5, 2004

Two Belo stations win 2003 Peabody Awards

Dallas, TX --Belo Corp. (NYSE: BLC) said today that two of its stations, KHOU-TV in Houston and WCNC-TV in Charlotte, have been awarded 2003 George Foster Peabody Awards, bringing to five the number of Peabody Awards earned by Belo television stations and executives since 2000. No other commercial station group in America has won more than two Peabody Awards during this period. KHOU and WCNC were among only five local television stations from across the country to win 2003 Peabody Awards.

"KHOU and WCNC have demonstrated once again that Belos operational success starts with great journalism," said Jack Sander, president/Media Operations. "Our news-producing stations consistently lead their markets in national and regional journalism honors, which is a reflection of our Company's unique understanding of, and commitment to, the audiences we serve."

KHOU's "Evidence of Errors" investigation exposed shoddy work at the Houston Police Department's crime lab and was instrumental in freeing a prisoner who was incarcerated on erroneous DNA evidence. The reports, by investigative reporter Anna Werner, investigative producer David Raziq and investigative photojournalist Chris Henao, reviewed a number of criminal cases from the crime lab and questioned whether innocent people may have been imprisoned or the guilty set free.

WCNC's "Medicaid Dental Center Investigation" uncovered unnecessary treatments for children at dental clinics where dentists were paid monthly bonuses based on how much they billed Medicaid. Named in the award were Stuart Watson, the primary investigative reporter, Stephanie Johnson, photographer/editor, Rick Yarborough, investigative producer, Mary Alvarez, special projects manager, and Keith Connors, news director.

Belo television stations and executives have won five Peabody Awards in the past four years. WFAA-TV in Dallas/Fort Worth won a 2002 Peabody for "Fake Drugs, Real Lives," an investigation that exposed Dallas Police Department informants who planted powdered gypsum to arrest poor immigrants on drug charges. KHOU won a 2000 Peabody Award for "Treading on Danger?"" a yearlong investigation into tread separation of Firestone tires that ultimately resulted in a federal investigation and the recall of more than six million tires. A 2000 Peabody Award for lifetime achievement was presented to former Belo executive H. Martin "Marty" Haag.

The Peabody Awards, established in 1940 and administered by the University of Georgias Grady College of Journalism and Mass Communication, are the oldest honor in electronic media. The Peabody recognizes distinguished achievement and meritorious public service by stations, networks, producing organizations and individuals.

About Belo
Belo Corp. 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 7,900 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. Belo's daily newspapers include 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 more than 30 Web sites, several interactive alliances and a broad range of Internet-based products. For more information, visit www.belo.com or contact Scott Baradell, vice president/Corporate Communications at, 214.977.2067.
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