Webcast - Live Q2 2008 Gray Television, Inc. Earnings Conference Call 08/07/08 at 11:00 a.m. ET Corporate Profile Gray Television, Inc. is a television broadcast company headquartered in Atlanta, Georgia, whose primary mission is to provide quality news and entertainment services to the local markets in which the Company operates. Our commitment to local interests and a selective acquisition strategy provides growth opportunities, which builds long-term value for our stockholders. Gray currently operates 36 television stations serving 30 markets. Each of the stations are affiliated with either CBS (17 stations), NBC (10 stations), ABC (8 stations) or FOX (1 station). In addition, Gray currently operates 40 digital second channels including 1 ABC, 5 Fox, 8 CW and 16 MyNetworkTV affiliates plus 8 local news/weather channels and 2 "independent" channels in certain of its existing markets. Recent Financial Releases Date Title 07/23/08 Gray Sets Date for Second Quarter Earnings Release and Earnings Conference Call 07/15/08 Gray Television, Inc. Issues an Additional $25 Million of Series D Perpetual Preferred Stock 06/27/08 Gray Television, Inc. Reduces Outstanding Term Loan by $65 Million 06/26/08 Gray Television, Inc. Issues $75 Million of Series D Perpetual Preferred Stock Tax Basis Allocation for Common Stock Triple Crown Media, Inc. Spin-Off from Gray Television, Inc. Stock Quote GTN (Common Stock) GTN.A (Common Stock) Price $3.04 Change   0.12 Exchange: NYSE % Change  3.75% 07/24/08 at 11:02 a.m. ET Minimum 20 minute delay - Refresh quote Copyright © 2007 MarketWatch, Inc. All rights reserved. Please see our Terms of Use. MarketWatch, the MarketWatch logo, and BigCharts are registered trademarks of MarketWatch, Inc. Intraday data is provided by Interactive Real Time Services Data and subject to the Term of Use . Changes in price and volume are subject to market activity.

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