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Monday, April 24, 2006

Granite Broadcasting Corporation Schedules First Quarter 2006 Earnings Release and Teleconference

Granite Broadcasting Corporation Schedules First Quarter 2006 Earnings Release and Teleconference

NEW YORK, April 24 /PRNewswire-FirstCall/ -- Granite Broadcasting Corporation (BULLETIN BOARD: GBTVK) announced today that it will release first quarter 2006 financial results before market hours on Tuesday, May 2, 2006.

Granite will also host a teleconference to discuss its first quarter 2006 financial results on Tuesday, May 2nd at 10:30 a.m. Eastern Daylight Time. To access the teleconference, please dial 415-247-8584 ten minutes prior to the start time. The teleconference will also be available via live webcast on the investor relations portion of the Company's website, located at www.granitetv.com.

If you cannot listen to the teleconference at its normal time, there will be a replay available through Tuesday, May 9, 2006 that can be accessed by dialing 1-800-633-8284 (U.S. callers) or +1-402-977-9140 (International callers), passcode: 21289734. The webcast will also be archived on the Company's website for 30 days.

Granite Broadcasting Corporation

Granite Broadcasting Corporation owns and operates, or provides programming, sales and other services to 20 channels in the following 8 markets: San Francisco, California; Detroit, Michigan; Buffalo, New York; Fresno, California; Syracuse, New York; Fort Wayne, Indiana; Peoria, Illinois; and Duluth, Minnesota-Superior, Wisconsin. The Company's channel group includes affiliates of NBC, CBS, ABC, CW and My Network TV, and reaches approximately 6% of all U.S. television households.

Source: Granite Broadcasting Corporation

CONTACT: Press Contact - W. Don Cornwell, or Analyst Contact - Larry
Wills, +1-212-826-2530, both for Granite Broadcasting Corporation

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

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