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Monday, February 25, 2008

Hearst-Argyle Sets Date for Annual Shareholders' Meeting

Hearst-Argyle Sets Date for Annual Shareholders' Meeting

NEW YORK, Feb. 25 /PRNewswire-FirstCall/ -- Hearst-Argyle Television, Inc. (NYSE:HTV) announced today that it will hold its annual meeting of shareholders on Tuesday, May 6, 2008, at 10:00 a.m. Eastern time, in New York City, for shareholders of record as of March 21, 2008.

The meeting will be Webcast live in listen-only mode. Parties interested in listening to the Webcast can do so from the Company's Web site, www.hearstargyle.com, in the "Investor Relations" section.

The Company also announced that the deadline for receipt of stockholder proposals in connection with the 2009 annual meeting is December 3, 2008.

Hearst-Argyle Television, Inc. owns 26 television stations, and manages an additional three television and two radio stations, in geographically diverse U.S. markets. The Company's television stations reach approximately 18% of U.S. TV households, making it one of America's largest television station groups. Hearst-Argyle owns 12 ABC-affiliated stations, and manages an additional ABC station owned by Hearst Corporation, and is the largest ABC affiliate group. The Company also owns 10 NBC affiliates, and is the second- largest NBC affiliate owner, and owns two CBS affiliates. Also, Hearst-Argyle owns more than 30 websites and operates 16 digital weather channels. Hearst Corporation owns approximately 75% of Hearst-Argyle's total outstanding common stock. Hearst-Argyle Series A Common Stock trades on the New York Stock Exchange under the symbol "HTV." HTV debt is rated investment grade by Moody's (Baa3), Standard & Poor's (BBB-) and Fitch (BBB-); Hearst Corporation is an investor in Fitch's parent company.

First Call Analyst:
FCMN Contact:


Source: Hearst-Argyle Television, Inc.

CONTACT: Thomas W. Campo, Hearst-Argyle Television, Inc.,
+1-212-887-6827, tcampo@hearst.com

Web site:

http://www.hearstargyle.com/


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