June 17, 2010

Two Belo Stations Win National Edward R. Murrow Overall Excellence Awards

DALLAS - Belo Corp. (NYSE: BLC), one of the nation's largest pure-play, publicly-traded television companies, announced today that two of its broadcast stations were honored with 2010 Edward R. Murrow Overall Excellence Awards in both the large market and small market categories. Winning in the large market category was KHOU-TV, Belo's CBS affiliate in Houston, and winning in the small market category was KTVB, Belo's NBC affiliate in Boise. Overall Excellence Awards are given by the Radio-Television News Directors Association (RTNDA) to news organizations that consistently demonstrate depth and scope in their coverage.

"This rare achievement is a wonderful testament to Belo's high journalistic standards and the exceptional news professionals serving our local markets every day," said Peter L. Diaz, Belo's president/Media Operations.

KHOU was honored with a second Murrow Award for Video News Documentary for its investigative piece, Under Fire: Discrimination and Corruption in the Texas National Guard. The series was the culmination of a two-year investigation that exposed widespread discrimination and fraud in the Texas National Guard. In the past year, the series has also won a Peabody, a duPont, a National Headliner Award and the IRE Medal.

KTVB also received a national Murrow Award for Video Newscast for its live coverage of the Taliban capture of Private First Class Bowe Bergdahl in Afghanistan. This is the second consecutive year that KTVB has been honored with two national Murrow Awards.

Since 2000, Belo stations have been honored with a total of 30 national Edward R. Murrow Awards, more than any other television group in the nation.

About Belo Corp.
Belo Corp. (BLC), one of the nation's largest pure-play, publicly-traded television companies, owns and operates 20 television stations (nine in the top 25 markets) and their associated Web sites. Belo stations, which include affiliations with ABC, CBS, NBC, FOX, CW and MyNetwork TV, reach more than 14 percent of U.S. television households in 15 highly- attractive markets. Belo stations rank first or second in nearly all of their local markets. Additional information is available at www.belo.com or by contacting Paul Fry, vice president/Investor Relations & Treasury Operations, at 214-977-6835.