Crown Media Holdings to Present at Salomon Smith Barney Global Entertainment, Media & Telecommunications Conference.

Business Editors

ENGLEWOOD, CO--(BUSINESS WIRE)--January 4, 2001

Crown Media Holdings, Inc. (Nasdaq: CRWN) (ASE: CRWN) ("Crown Media" or the "Company") today announced that David J. Evans, President and Chief Executive Officer, and William J. Aliber, Chief Financial Officer, will be presenting at the Salomon Smith Barney Global Entertainment, Media & Telecommunications Conference on January 10 in Scottsdale, Arizona.

Mr. Evans and Mr. Aliber are scheduled to speak on Wednesday, January 10 at 5:45 p.m. EST. Investors and other interested parties will have the opportunity to listen to a live webcast of the presentation. To participate in the webcast, please go to the investor relations page of the Company's web site at www.crownmedia.net. For those who wish to listen to the replay, the webcast will be available on the site for approximately 30 days. Participants will need to have either Real Audio's RealPlayer v6.0 or greater, or Microsoft's Media Player on their computers in order to participate. The Company will also be placing a copy of the slide presentation for the conference on the web site.

About Crown Media Holdings, Inc.

Crown Media Holdings, Inc. owns and operates pay television channels dedicated to high quality family programming. The Company currently operates and distributes three cable channels: Hallmark Entertainment Networks in over 100 international markets, the Odyssey Network in the United States and the Kermit Channel in India. Crown Media has more than 60 million subscribers worldwide.

Statements contained in this press release may contain forward-looking statements as contemplated by the 1995 Private Securities Litigation Reform Act that are based on management's current expectations, estimates and projections. Words such as "expects," "anticipates," "intends," "plans," "believes," "estimates," variations of such words and similar expressions are intended to identify such forward-looking statements. Forward-looking statements are subject to risks and uncertainties, which could cause actual results to differ materially from those projected or implied in the forward-looking statements. Such risks and uncertainties include: competition for distribution of channels, viewers, advertisers, and the acquisition of programming; fluctuations in the availability of programming; fluctuations in demand for the programming Crown Media airs on its channels; and other risks detailed in the Company's filings with the Securities and Exchange Commission, including the Risk Factors stated in the Company's 10-Q Report for the quarter ended September 30, 2000. Crown Media Holdings is not undertaking any obligation to release publicly any updates to any forward looking statements to reflect events or circumstances after the date of this release or to reflect the occurrence of unanticipated events.