July 2, 2008

Belo Television Stations Win Four National Murrow Awards

Top Honors Given to WFAA-TV, KGW-TV, WCNC-TV and KVUE-TV

DALLAS Belo Corp. (NYSE: BLC) announced today that Belo television stations have won four national Edward R. Murrow Awards for 2008. The awards recognized WFAA-TV in Dallas/Fort Worth for its Web site, KGW-TV in Portland for Continuing Coverage, WCNC-TV in Charlotte for Sports Reporting, and KVUE-TV in Austin for Videography. The Radio-Television News Directors Association (RTNDA) presents the Murrow Awards annually to honor outstanding achievements in electronic journalism and recognize news organizations that set the standard in the broadcast news profession.

This year's awards bring the total number of national Murrow Awards Belo stations have received to 23 since 2000, more than any other television group. Belo's 2008 national awards follow an impressive showing in the 2008 regional competitions where 11 Belo stations garnered 32 regional Murrow Awards.

"These awards reflect the ongoing dedication and commitment Belo television stations have to delivering outstanding journalism to our local communities," said Peter L. Diaz, Belo executive vice president/Television Operations. "This year is playing out as a year of true journalistic distinction for our Company. In 2008, Belo stations have been honored with three Alfred I. duPont Awards, one George Foster Peabody Award and two Service to America Awards, along with these prestigious Edward R. Murrow Awards."

Details follow about the national Murrow Awards given to Belo stations:

The RTNDA announced a total of 26 national Edward R. Murrow Awards for television stations in the large and small-market television categories this year. The winners in all categories will be honored at the RTNDA Awards Dinner on October 13, 2008 in New York. The Edward R. Murrow Awards have recognized outstanding achievements in electronic journalism since 1971. They promote the spirit of excellence that Edward R. Murrow made a standard for the broadcast news profession.

About Belo
Belo Corp. is one of the nation's largest pure-play, publicly-traded television companies, with annual revenue of approximately $775 million. The Company owns and operates 20 television stations reaching more than 14 percent of U.S. television households, including ABC, CBS, NBC, FOX, CW and MyNetwork TV affiliates, and their associated Web sites, in 15 highly-attractive markets across the United States. Belo stations consistently deliver distinguished journalism for which they have received significant industry recognition including nine Alfred I. duPont-Columbia University Silver Baton Awards; nine George Foster Peabody Awards; and 23 national Edward R. Murrow Awards all since 2000, and in each case more than any other commercial station group in the nation. Nearly all Belo stations rank first or second in their local market. Belo owns stations in seven of the top 25 markets in the nation, with six stations located in the fast-growing, top-14 markets of Dallas/Fort Worth, Houston, Seattle/Tacoma and Phoenix. Additionally, the Company has created regional cable news channels in Texas and the Northwest increasing its impact in those regions. Additional information is available at www.belo.com or by contacting Paul Fry, vice president/Investor Relations & Corporate Communications, at 214-977-6835.