May 5, 2006

Belo to Hold Annual Meeting of Shareholders May 9

DALLAS Belo Corp. (NYSE: BLC) will hold its Annual Meeting of Shareholders at 11:00 a.m. CDT on Tuesday, May 9, 2006. The meeting will be held in the Pavilion at the Belo Mansion, 2101 Ross Avenue, Dallas, Texas. Management will report on the Company's operations and on voting results for director elections and the appointment of Ernst & Young, LLP as Belo's independent registered public accounting firm.

The meeting will be simultaneously Webcast on the Company's Web site ( www.belo.com/invest). To listen to the live Webcast, access www.belo.com and select "Investor Relations." Following the conclusion of the Webcast, a replay of the annual meeting will be available on Belo's Web site.

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 7,700 employees and $1.5 billion in annual revenues, Belo operates in some of America's most dynamic markets in Texas, the Northwest, the Southwest, Rhode Island, and the Mid-Atlantic. Belo owns 19 television stations, six of which are in the 15 largest U.S. broadcast markets. The Company also owns or operates seven cable news channels and manages one television station through a local marketing agreement. Belo's daily newspapers are The Dallas Morning News, The Providence Journal, The Press-Enterprise (Riverside, CA) and the Denton Record-Chronicle (Denton, TX). The Company also publishes specialty publications targeting young adults and the fast-growing Hispanic market, including Quick and Al Dia in Dallas/Fort Worth, and El D and La Prensa in Riverside. Belo operates more than 30 Web sites associated with its operating companies. Additional information is available at www.belo.com or by contacting Carey Hendrickson, vice president/Investor Relations & Corporate Communications, at 214-977-6626.

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