Young Broadcasting Inc. Will Hold Conference Call to Discuss Second Quarter Earnings

Business Wire, August 1, 2001

Business Editors

NEW YORK--(BUSINESS WIRE)--Aug. 1, 2001

Young Broadcasting Inc. ("YBI") (NASDAQ:YBTVA) has scheduled a conference call for Thursday, August 9th at 11:00 AM (ET) immediately following the release of its second quarter earnings report.

The Company's press release will be issued through Business Wire at 7:00 AM that day. The full text of the release will be available on Bloomberg, Nexus, CompuServe, Dow Jones News Retrieval and several other services within 15 minutes of the scheduled release time.

You may participate in the conference call by dialing 1-800-803-9579. (Reference: Young Broadcasting - Vincent Young, or ID#1499124). This will enable you to listen to the presentation. At the end of the presentation you will have the opportunity to participate in a Q&A session with Vincent Young, CEO of Young Broadcasting Inc. and with James Morgan, the company's CFO.

You may listen to a live web-cast of the call by going to http://streetfusion.com or http://youngbroadcasting.com. The archive will be available for replay on these sites through September 9, 2001. Or you may listen to a telephone replay of the entire call by dialing 1-800-642-1687 (through August 16th).

Young Broadcasting owns twelve television stations and the national television representation firm, Adam Young Inc. Six stations are affiliated with the ABC Television Network WKRN-TV - Nashville, TN, WTEN-TV - Albany, NY, WRIC-TV - Richmond, VA, WATE-TV - Knoxville, TN, WTVO-TV - Rockford, IL and WBAY-TV - Green Bay, WI), three affiliated with the CBS Television Network (WLNS-TV - Lansing MI, KLFY-TV - Lafayette, LA, and KELO-TV - Sioux Falls, SD), and two are affiliated with the NBC Television Network (KWQC-TV - Davenport, IA, and KRON-TV - San Francisco, CA). KCAL-TV - Los Angeles, CA is the only independent VHF station in Los Angeles.