KREM TV is a subsidiary of the Belo Corp. Broadcast Division, which comprises one of the country's largest and most successful television station groups with 16 network-affiliated television stations, reaching 14 percent of all U.S. television households. The Company's Television Group includes six CBS affiliates, four NBC affiliates, four ABC affiliates, one independent station and one FOX affiliate with geographic concentrations in the Southwest and the Pacific Northwest. The Television Group is led by four stations in country's top seventeen television markets: WFAA-TV (ABC) in Dallas/Fort Worth, Texas; KHOU-TV (CBS) in Houston, Texas; KING-TV (NBC) in Seattle/Tacoma, Washington; and KTVK (Ind.) in Phoenix, Arizona. Belo Corp. also manages four television stations through local marketing agreements.

The majority of Belo Corp.'s stations consistently rank first or second in their markets according to Nielsen TV ratings. This level of success and viewer loyalty is built upon the Company's commitment to journalistic excellence, quality local news and community service. Recognized for their outstanding local news coverage, Belo Corp.'s television stations have garnered numerous local, state and national awards, including 11 George Foster Peabody Awards, 15 Edward R. Murrow Awards and 14 Alfred I. duPont-Columbia Awards. Visit Belo Corp.'s Web site at www.belo.com.

Online

KREM. com is a subsidiary of Belo Interactive, Inc., Belo Corp.'s Internet subsidiary, includes the Web site operations of Belo Corp.'s television stations and newspapers, interactive alliances and partnerships, and a broad range of Internet-based products and services.

The Internet is a powerful resource which we continuously explore and evaluate to create new ways to expand the scope of our core businesses while creating innovative services that bring advantage to our viewers, readers and advertisers. Interactive editions of Belo Corp.'s newspapers and the Web sites of each of our television stations provide consumers with accurate and timely news and information as well as a variety of services. The use of immediate feedback through online communication with our audience has also allowed us to tailor the way we deliver news and information to better serve the needs of our audience.

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