Tuesday, May 13, 2008

Dallas-based Belo holds annual shareholder meeting

By Pegasus News wire

DALLAS — Belo Corp. held its Annual Meeting of Shareholders this morning where it re-elected three Class I directors including: Robert W. Decherd, director since March 1976; Dunia A. Shive, director since February 2008; and M. Anne Szostak, director since October 2004. These Class I directors are eligible to serve a three-year term until the 2011 annual meeting.

In addition, shareholders ratified the appointment of Ernst & Young LLP as Belo's independent registered public accounting firm, and voted against a proposal relating to the repeal of the Company's classified board.

Belo also announced today that Jerry F. Cadigan, production operations manager for WFAA-TV in Dallas/Fort Worth, received the 15th annual William H. Seay Award at the Company's Annual Meeting. The award is named in honor of the late William H. Seay, who served on Belo's Board of Directors for 22 years before his retirement in 1995. The award is given annually to an employee whose standards and values reflect Seay's integrity, loyalty, journalistic standards and community commitment, the same principles that have guided Belo for more than 165 years.

In presenting the award, Dunia A. Shive, Belo's president and Chief Executive Officer, said, "No one is more requested to be on a team than Jerry. His personal integrity has been a measuring stick for others at WFAA to follow, and he has continually set the bar for the many young professionals he's mentored over the years."

A replay of the Webcast of the Annual Meeting of Shareholders can be found at the Company's web site.

Source: Belo Corp.

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