Scott Moody to Join Bonten Media Group as Senior Vice President/Chief Financial Officer

Market Wire, October, 2008

Scott Moody will join Bonten Media Group as Senior Vice President/Chief Financial Officer effective October 20, 2008. Scott joins Bonten from CBS where, most recently, he was Vice President, Corporate Development. Before that, Scott was Vice President, Business Development and Treasury for the CBS Radio division. In that position Scott led the day-to-day finance and operations for the Digital Media and Altitude groups.

Prior to joining CBS, Scott was Chief Financial Officer for Digital Media at NBC Universal. Earlier in his career Scott held financial management positions at Hallmark Entertainment, a leading provider of family-oriented television programming.

Scott is a graduate of Stanford University and of Columbia University Graduate School of Business.

"We are delighted to welcome Scott to the Bonten senior management team," said Randall Bongarten, Bonten Chairman and CEO. "Scott's extensive experience in media related financial management, and his proven organizational skills, will greatly assist Bonten in pursuing our plan to become a major operator of television stations."

"I am thrilled to join Bonten Media Group," said Scott Moody. "Randy and his team have built a great portfolio of market-leading stations and I look forward to helping execute our growth strategy."

Bonten Media Group was formed in November 2006 by Diamond Castle Holdings, LLC and Randall Bongarten for the purpose of acquiring and operating local television stations in the United States. Bonten Media Group currently operates sixteen* full power, low power and digital television stations in eight markets, including: WCYB (NBC), WEMT* (FOX) and CW-4 (CW-DT), Tri-Cities, TN/VA; WCTI (ABC), WFXI/WYDO* (FOX) and ENC-TV (IND-DT), Greenville-New Bern, NC; KRCR (ABC), Chico-Redding, CA; KTXS (ABC), KTES-LP (Telemundo) and CW Abilene (CW-DT), Abilene, TX; KECI/KCFW (NBC), Missoula, MT; KTVM (NBC), Butte-Bozeman, MT; KTXE-LP (ABC), San Angelo, TX; and KAEF (ABC), Eureka, CA.