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

Business Wire, May 8, 2002

Business Editors

NEW YORK--(BUSINESS WIRE)--May 8, 2002

Young Broadcasting Inc. ("YBI") (NASDAQ:YBTVA) has scheduled a conference call for Tuesday, May 14, 2002 at 11:00 AM (ET) immediately following the release of its first 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#4115800). 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://youngbroadcasting.com. The archive will be available for replay through June 14, 2002. Or you may listen to a telephone replay of the entire call by dialing 1-800-642-1687 (through May 20, 2002).

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 are affiliated with the CBS Television Network (WLNS-TV - Lansing, MI, KLFY-TV - Lafayette, LA, and KELO-TV - Sioux Falls, SD), and one is affiliated with the NBC Television Network (KWQC-TV - Davenport, IA). KCAL-TV - Los Angeles, CA and KRON-TV - San Francisco, CA are the largest independent stations in the US and the only independent VHF stations in their markets.