Granite Broadcasting Corporation Reschedules Second Quarter 2005 Earnings Release and Teleconference to Thursday, August 11, 2005

Granite Broadcasting Corporation Reschedules Second Quarter 2005 Earnings Release and Teleconference to Thursday, August 11, 2005

NEW YORK, Aug. 2 /PRNewswire-FirstCall/ -- Granite Broadcasting Corporation (BULLETIN BOARD: GBTVK) announced today that it has rescheduled the release of its second quarter 2005 financial results to before market hours on Thursday, August 11, 2005.

Granite will host a teleconference to discuss its second quarter 2005 financial results on Thursday, August 11, 2005 at 10:30 A.M. Eastern Daylight Time. To access the teleconference, please dial 415-247-8567 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 www.granitetv.com.

If you cannot listen to the teleconference at its normal time, there will be a replay available through August 18, 2005 and can be accessed by dialing 800-633-8284 (US callers) or 402-977-9140 (International callers), passcode: 21250779. The webcast will also be archived on the Company's website for 30 days.

Granite Broadcasting Corporation (BULLETIN BOARD: GBTVK) owns and operates, or provides programming, sales and other services to 13 television stations in the following 8 markets: San Francisco, California, Detroit, Michigan, Buffalo, New York, Fresno, California, Syracuse, New York, Fort Wayne, Indiana, Peoria, Illinois, and Duluth, Minnesota-Superior, Wisconsin. The Company's television station group includes affiliates of the NBC, CBS, ABC, WB and UPN networks, and reaches approximately 6% of all U.S. television households.

Source: Granite Broadcasting Corporation

CONTACT: Press: W. Don Cornwell, or Analyst: Larry Wills, +1-212-826-2530, both of Granite Broadcasting Corporation

Web site: http://www.granitetv.com/

------- Profile: Ent