April 18, 2007
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<B>Belo's KMOV-TV Wins A Peaboty Award</B>
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<p class="MsoNormal" style="MARGIN: 0in 0in 0pt; mso-layout-grid-align: none"><span style="FONT-SIZE: 12pt; FONT-FAMILY: ">Belo Corp, announced today KMOV-TV, its CBS affiliate in <city w:st="on" /><place w:st="on" />St. Louis</place /></city />, has been awarded a 2006 George Foster Peabody Award.<span style="mso-spacerun: yes">&nbsp;</span><span style="COLOR: black">KMOV was one of only four local television stations in the nation to receive this prestigious honor.</span></span></p><p /><p class="MsoNormal" style="MARGIN: 0in 0in 0pt; mso-layout-grid-align: none"><span style="FONT-SIZE: 12pt; FONT-FAMILY: "></span><p /><p class="MsoNormal" style="MARGIN: 0in 0in 0pt; mso-layout-grid-align: none"><span style="FONT-SIZE: 12pt; FONT-FAMILY: ">KMOV was recognized for its &quot;Left Behind: The Failure of East St. Louis Schools,&quot; a series of 21 reports over seven months that found the school system had violated state and federal special-education requirements and uncovered widespread political and nepotistic hiring by the school board.<span style="mso-spacerun: yes">&nbsp;</span>At the direction of Genie Garner, acting news director for KMOV, Reporter Craig Cheatham and Photographer/Editor Gary Womack <span style="COLOR: black">captured the dramatic series as it unfolded.</span></span></p><p /><p class="MsoNormal" style="MARGIN: 0in 0in 0pt"><span style="FONT-SIZE: 12pt; COLOR: black; FONT-FAMILY: "></span><p /><p class="MsoNormal" style="MARGIN: 0in 0in 0pt"><span style="FONT-SIZE: 12pt; COLOR: black; FONT-FAMILY: ">&quot;We are extraordinarily proud to be honored with the prestigious Peabody Award,&quot; said Allan Cohen, president/General Manager of KMOV. &quot;This is a true reflection on the entire staff and the news product that we are dedicated to bringing to the <city w:st="on" /><place w:st="on" />St. Louis</place /></city /> community.&quot;</span><span style="FONT-SIZE: 12pt; FONT-FAMILY: "></span></p><p /><p class="MsoBodyText" style="MARGIN: 0in 0in 0pt; LINE-HEIGHT: normal"><span style="mso-bidi-font-size: 12.0pt"></span><p /><p class="MsoBodyText" style="MARGIN: 0in 0in 0pt; LINE-HEIGHT: normal"><span style="mso-bidi-font-size: 12.0pt">This marks the eighth Peabody Award earned by Belo television stations and executives since 2000: WFAA-TV in Dallas/Fort Worth (2 awards),<span style="mso-spacerun: yes">&nbsp;</span>KHOU-TV in Houston (2 awards), WCNC-TV in Charlotte, WWL-TV in New Orleans and<span style="COLOR: black"> former Belo executive H. Martin &quot;Marty&quot; Haag for lifetime achievement.</span></span></p><p /><p class="MsoNormal" style="MARGIN: 0in 0in 0pt"><b style="mso-bidi-font-weight: normal"><span style="FONT-SIZE: 12pt; FONT-FAMILY: "></span></b><p /><p class="MsoBodyText" style="MARGIN: 0in 0in 0pt; LINE-HEIGHT: normal"><span style="COLOR: black; mso-bidi-font-size: 12.0pt">Dunia Shive, Belo's president and chief operating officer, said, &quot;We are very proud of KMOV for their leadership performance and ongoing commitment to delivering exceptional journalism to the <city w:st="on" /><place w:st="on" />St. Louis</place /></city /> region.<span style="mso-spacerun: yes">&nbsp;</span>The employees at KMOV continue to distinguish themselves in local news coverage and quality local programming.&quot; </span></p><p /><p class="MsoBodyText" style="MARGIN: 0in 0in 0pt; TEXT-INDENT: 0.5in; LINE-HEIGHT: normal"><span style="COLOR: black; mso-bidi-font-size: 12.0pt"></span><p /><p class="MsoBodyText" style="MARGIN: 0in 0in 0pt; LINE-HEIGHT: normal"><span style="COLOR: black; mso-bidi-font-size: 12.0pt">So far in 2007, KMOV also has received the National Association of Broadcasters Education Foundation's Service to America Partnership Award for outstanding community service and two regional Edward R. Murrow Awards.</span></p><p /><p class="MsoBodyText" style="MARGIN: 0in 0in 0pt; TEXT-INDENT: 0.5in; LINE-HEIGHT: normal"><b style="mso-bidi-font-weight: normal"><span style="mso-bidi-font-size: 12.0pt"></span></b><p /><p class="MsoNormal" style="MARGIN: 0in 0in 0pt"><span style="FONT-SIZE: 12pt; COLOR: black; FONT-FAMILY: ">The Peabody Awards were established in 1940 and are administered by the <place w:st="on" /><placetype w:st="on" />University</placetype /> of <placename w:st="on" />Georgia</placename /></place />'s Grady College of Journalism and Mass Communication. <span style="mso-spacerun: yes"></span>The <city w:st="on" /><place w:st="on" />Peabody</place /></city /> recognizes distinguished achievement and meritorious public service by stations, networks, producing organizations and individuals.<span style="mso-spacerun: yes">&nbsp;</span>The award will be presented to KMOV on Monday, June 4 at a ceremony in <city w:st="on" /><place w:st="on" />New York City</place /></city />.</span></p><p /><p class="MsoNormal" style="MARGIN: 0in 0in 0pt; TEXT-INDENT: 0.5in"><span style="FONT-SIZE: 12pt; COLOR: black; FONT-FAMILY: "></span><p /><p class="MsoNormal" style="MARGIN: 0in 0in 0pt"><b style="mso-bidi-font-weight: normal"><span style="FONT-SIZE: 12pt; FONT-FAMILY: ">About Belo</span></b></p><p /><p class="MsoNormal" style="MARGIN: 0in 0in 0pt"><span style="FONT-SIZE: 12pt; FONT-FAMILY: ">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.<span style="mso-spacerun: yes">&nbsp;</span>A<i style="mso-bidi-font-style: normal"> Fortune</i> 1000 company with 7,100 employees and $1.6 billion in annual revenues, Belo operates in some of <country-region w:st="on" />America</country-region />'s most dynamic markets in <state w:st="on" />Texas</state />, the Northwest, the Southwest, the Mid-Atlantic and <state w:st="on" /><place w:st="on" />Rhode Island</place /></state />.<span style="mso-spacerun: yes">&nbsp;</span>Belo owns 20 television stations, six of which are in the 15 largest <country-region w:st="on" /><place w:st="on" />U.S.</place /></country-region /> broadcast markets.<span style="mso-spacerun: yes">&nbsp;</span>The Company also owns or operates seven cable news channels and manages one television station through a local marketing agreement.<span style="mso-spacerun: yes">&nbsp;</span>Belo's daily newspapers are <i style="mso-bidi-font-style: normal">The Dallas Morning News</i>, <i style="mso-bidi-font-style: normal">The Providence Journal</i>, <i style="mso-bidi-font-style: normal">The<br />Press-Enterprise</i> (<city w:st="on" />Riverside</city />, <state w:st="on" />CA</state />) and the <i style="mso-bidi-font-style: normal">Denton Record-Chronicle</i> (<place w:st="on" /><city w:st="on" />Denton</city />, <state w:st="on" />TX</state /></place />).<span style="mso-spacerun: yes">&nbsp;</span>The Company also publishes specialty publications targeting young adults, and the fast-growing Hispanic market, including <i style="mso-bidi-font-style: normal">Quick</i> and <i style="mso-bidi-font-style: normal">Al D a</i> in Dallas/Fort Worth, and <i style="mso-bidi-font-style: normal">El D</i> and<span style="mso-bidi-font-weight: bold"><br /></span><i style="mso-bidi-font-style: normal">La Prensa</i> in <city w:st="on" /><place w:st="on" />Riverside</place /></city />.<span style="mso-spacerun: yes">&nbsp;</span>Belo operates more than 30 Web sites associated with its operating companies.<span style="mso-spacerun: yes">&nbsp;</span>Additional information is available at <a href="http://www.belo.com/">www.belo.com</a> or by contacting Carey Hendrickson, vice president/Investor Relations &amp; Corporate Communications, at 214-977-6626.<b style="mso-bidi-font-weight: normal">&nbsp;</b></span></p><p /></p><p /></p><p /></p><p /></p><p /></p><p /></p><p /></p><p />