Granite Broadcasting Corporation Schedules Fourth Quarter and Full Year 2004 Earnings Release and Teleconference

Granite Broadcasting Corporation Schedules Fourth Quarter and Full Year 2004 Earnings Release and Teleconference NEW YORK, Jan. 18 /PRNewswire-FirstCall/ -- Granite Broadcasting Corporation (BULLETIN BOARD: GBTVK) announced today that it will release fourth quarter and full year 2004 financial results before market hours on Thursday, March 3, 2005. Granite will host a teleconference to discuss its fourth quarter and full year 2004 financial results on Thursday, March 3rd at 10:00 a.m. Eastern Standard Time. To access the teleconference, please dial 212-676-5419 ten minutes prior to the start time. The teleconference will also be available via live webcast on the investor relations portion of the Company's website, located at http://www.granitetv.com/. If you cannot listen to the teleconference at its normal time, there will be a replay available through March 10, 2005 at noon Eastern Standard Time, and can be accessed by dialing 1-800-633-8284 (US callers) or +1-402-977-9140 (International callers), passcode: 21228742. The webcast will also be archived on the Company's website for 30 days. Granite Broadcasting Corporation (BULLETIN BOARD: GBTVK) operates eight television stations in geographically diverse markets reaching over 6% of the nation's television households. Three stations are affiliated with the NBC Television Network (NBC), two with the ABC Television Network (ABC), one with the CBS Television Network (CBS), and two with the Warner Brothers Television Network (WB). The NBC affiliates are KSEE-TV, Fresno-Visalia, California, WEEK-TV, Peoria-Bloomington, Illinois, and KBJR-TV, Duluth, Minnesota and Superior, Wisconsin. The ABC affiliates are WKBW-TV, Buffalo, New York, and WPTA-TV, Fort Wayne, Indiana. The CBS affiliate is WTVH-TV, Syracuse, New York. The WB affiliates are KBWB-TV, San Francisco-Oakland-San Jose, California, and WDWB-TV, Detroit, Michigan. On April 23, 2004 Granite announced its intention to enter into a strategic arrangement with Malara Broadcast Group under which Granite will provide advertising sales, promotion and administrative services and selected programming to Malara-owned stations in Fort Wayne, Indiana and Duluth, Minnesota-Superior, Wisconsin. Source: Granite Broadcasting Corporation CONTACT: Press - Don Cornwell, or Analyst - Larry Wills, both for Granite Broadcasting Corporation, +1-212-826-2530 Web site: http://www.granitetv.com/ ------- Profile: International Entertainment