CBS Corporation to Hold Investor Conference to Discuss CBS Interactive Business

CBS Corporation to Hold Investor Conference to Discuss CBS Interactive Business

CBS President and CEO Leslie Moonves, CBS Interactive CEO Quincy Smith and CBS Interactive President Neil Ashe to Host Presentation and Q&A

NEW YORK, Sept. 26 /PRNewswire-FirstCall/ -- CBS Corporation (NYSE:CBS and)(NYSE:CBS.A) announced that it will host an investor conference to discuss the Company's Interactive business on Tuesday, Oct. 7, 2008. The event will feature Leslie Moonves, President and Chief Executive Officer, CBS Corporation; Quincy Smith, Chief Executive Officer, CBS Interactive; and Neil Ashe, President, CBS Interactive.

CBS Corporation will begin reporting its Interactive business as a separate segment for the first time in the third quarter. At the presentation, management will discuss CBS's overall interactive strategy, the progress of the CNET Networks integration, and how the expanded Interactive business fits into the Company as a whole.

The formal presentation will begin at 4:30 PM, ET, followed by a question-and-answer period. An audio webcast of the session can be accessed here (http://phx.corporate-ir.net/phoenix.zhtml?p=irol-eventDetails&c=99462&eventID =1978483). A replay of the audio webcast will be available in the Investor Relations/Presentations section of the CBS Corporation Web site.

About CBS Corporation

CBS Corporation is a mass media company with constituent parts that reach back to the beginnings of the broadcast industry, as well as newer businesses that operate on the leading edge of the media industry. The Company, through its many and varied operations, combines broad reach with well-positioned local businesses, all of which provide it with an extensive distribution network by which it serves audiences and advertisers in all 50 states and key international markets. It has operations in virtually every field of media and entertainment, including broadcast television (CBS and The CW - a joint venture between CBS Corporation and Warner Bros. Entertainment), cable television (Showtime Networks and CBS College Sports Network), local television (CBS Television Stations), television production and syndication (CBS Paramount Network Television and CBS Television Distribution), radio (CBS Radio), advertising on out-of-home media (CBS Outdoor), publishing (Simon & Schuster), interactive media (CBS Interactive), music (CBS Records), licensing and merchandising (CBS Consumer Products), video/DVD (CBS Home Entertainment), in-store media (CBS Outernet) and motion pictures (CBS Films). For more information, log on to www.cbscorporation.com.

Source: CBS Corporation

CONTACT: Press, Dana McClintock, +1-212-975-1077, dlmcclintock@cbs.com,
Andrea Prochniak, +1-212-975-0053, andrea.prochniak@cbs.com, or Investor
Relations, Adam Townsend, +1-212-975-5292, adam.townsend@cbs.com, Debra
Wichser, +1-212-975-3718, debra.wichser@cbs.com

Web Site: http://www.cbscorporation.com/

Company News On-Call: http://www.prnewswire.com/comp/965075.html

-------
Profile: intent