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FOR IMMEDIATE RELEASE

Gannett Completes Agreement with Argyle Television Inc.

ARLINGTON, Va. — Cecil L. Walker, president and CEO of Gannett Broadcasting, announced today that Gannett has concluded the transaction with Argyle Television Inc. to acquire WZZM-TV (ABC) at Grand Rapids-Kalamazoo-Battle Creek, Mich., and WGRZ-TV (NBC) at Buffalo, N.Y., in exchange for WLWT-TV (NBC) at Cincinnati and KOCO-TV (ABC) at Oklahoma City.

With the completion of this transaction, Gannett Broadcasting consists of 16 stations reaching 16 percent of the U.S. television homes.

Gannett Broadcasting’s television stations are: W*USA (CBS-Washington, DC); WXIA (NBC-Atlanta); WKYC (NBC-Cleveland); KARE (NBC-Minneapolis); WTSP (CBS-Tampa); KPNX (NBC-Phoenix); K*USA (NBC-Denver); KSDK (NBC-St. Louis); WZZM (ABC-Grand Rapids/Kalamazoo/Battle Creek); WGRZ (NBC-Buffalo); WFMY (CBS-Greensboro); WTLV (NBC-Jacksonville); KTHV (CBS-Little Rock); WBIR (NBC-Knoxville); KVUE (ABC-Austin) and WMAZ (CBS-Macon). Gannett Broadcasting also consists of cable operations in five states, alarm security services and five radio stations.

In addition to its broadcasting operations, Gannett publishes 92 daily newspapers, including USA TODAY, and USA WEEKEND, a newspaper magazine.