Outdoor Channel Holdings' Underwriters Exercise Over-Allotment Option for Follow-On Public Offering

Outdoor Channel Holdings' Underwriters Exercise Over-Allotment Option for Follow-On Public Offering

TEMECULA, Calif., July 13 /PRNewswire-FirstCall/ -- Outdoor Channel Holdings, Inc. (NASDAQ:OUTD) today announced that the underwriters of its recent follow-on public offering of 5,300,000 shares of common stock, priced at $13.50 per share before underwriting discounts and commissions, have exercised their over-allotment option to purchase an additional 795,000 shares from certain existing stockholders.

Bear, Stearns & Co. Inc. acted as the lead managing underwriter of the offering. The other managing underwriters were A.G. Edwards and Jefferies & Company, Inc.

A registration statement relating to these shares of common stock was filed by the company with, and has been declared effective by, the Securities and Exchange Commission. A copy of the final prospectus relating to the offering may be obtained by contacting Bear, Stearns & Co. Inc., 383 Madison Avenue, New York, New York 10179, (212) 272-2000.

This news release shall not constitute an offer to sell or the solicitation of an offer to buy, nor shall there be any sale of these securities in any state or jurisdiction in which such offer, solicitation or sale would be unlawful prior to registration or qualification under the securities laws of any such state or jurisdiction.

About Outdoor Channel Holdings, Inc.

Outdoor Channel Holdings, Inc. owns and operates The Outdoor Channel, a national television network dedicated to providing traditional outdoor programming to America's anglers, hunters and outdoor enthusiasts. The company also owns and operates related businesses that serve the interests of viewers of The Outdoor Channel and other outdoor enthusiasts, including LDMA-AU, Inc. (Lost Dutchman's) and Gold Prospector's Association of America, LLC. (GPAA).

Source: Outdoor Channel Holdings, Inc.

CONTACT: William A. Owen, Chief Financial Officer of Outdoor Channel
Holdings, Inc., +1-951-699-4749; or Angie Yang of PondelWilkinson Inc.,
Investor Relations, Corporate/Financial Communications, +1-310-279-5980,
investor@pondel.com, for Outdoor Channel Holdings, Inc.

Web site: http://www.outdoorchannel.com/

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