Corley to Retire From WXII-TV, Winston-Salem.

Business Editors

NEW YORK and WINSTON-SALEM, NC--(BUSINESS WIRE)--Feb. 22, 2000

Reynard A. "Rennie" Corley, a veteran broadcast television executive currently serving as president and general manager of WXII-TV, the Hearst-Argyle station serving the Greensboro/Winston-Salem, NC, market, will retire at the end of this year. A successor is expected to be announced by year-end.

"Throughout his nearly 40 years in the business, Rennie Corley has exemplified the community support and activism which is so special to local broadcast television," said David J. Barrett, president and co-chief executive officer of Hearst-Argyle Television. "In addition to handling the considerable management demands of a local TV station, he has served as an officer, advisor or director of more than three dozen charitable, non-profit, civic and business groups in communities where he's worked. In his 21 years at the helm of WXII, he has established the station as a regional news and community-service leader. We're grateful that he will stay with us long enough to help us find a suitable successor."

"For 40 years, I've never considered myself to be 'going to work,'" Corley said. "This has been nothing but fun for the whole stretch."

Corley began his broadcast career in the production department of WRDW-TV, Augusta, GA. Following brief sales stints at Sears Roebuck and J.C. Penney, both in Augusta, he returned to broadcasting as an account executive and promotion manager at WIS-TV, Columbia, SC. Over the years, he has worked in various sales and management roles at WTOL-TV, Toledo, OH, WSFA-TV, Montgomery, AL and KETV-TV, Omaha, NE, which is now also owned by Hearst-Argyle. He returned to WRDW in the 1970s as general sales manager before moving to WMAR-TV, Baltimore, MD, as vice president and assistant general manager/station manager. He joined WXII as president and general manager in 1979. A native of North Augusta, SC, Corley holds a business degree from Augusta College and a bachelor's degree in industrial management from Clemson University.

In 1997, Corley received Distinguished Service Awards from both the March of Dimes, presented at the organization's national meeting in Pittsburgh, and from the North Carolina Association of Broadcasters. In 1999, he received the Outstanding Service Award from North Carolina's Triad Black Media Professionals organization.

Hearst-Argyle Television, Inc. owns and/or manages 26 television stations, and owns and/or manages seven radio stations, in geographically diverse U.S. markets. The Company's television stations reach about 17.5% of U.S. TV households, making it one of the country's two largest television station groups not primarily aligned with a single network, as well as one of the seven largest television groups overall as measured by audience delivered. Hearst-Argyle trades on the New York Stock Exchange under the symbol "HTV."