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Special Committee of The Board of Directors of Hearst-Argyle Television Recommends Stockholders Accept Hearst Corporation Tender Offer

Tuesday 05. May 2009 - Hearst-Argyle Television, Inc. (NYSE:HTV) today announced that the Special Committee of its Board of Directors has unanimously determined that the tender offer of The Hearst Corporation, which was commenced today, to acquire all of the outstanding shares of Hearst-Argyle Television's Series A Common Stock not owned by The Hearst Corporation at a price of $4.50 per share is fair to Hearst-Argyle Television stockholders, other than The Hearst Corporation and its affiliates.

Accordingly, the Special Committee unanimously recommends, on behalf of Hearst-Argyle Television, that the stockholders accept the offer and tender their shares pursuant to the offer. The offer expires at 5:00 p.m., New York City time, on Tuesday, June 2, 2009, unless it is further extended.

Notice to stockholders: In connection with the tender offer commenced by The Hearst Corporation, Hearst-Argyle Television has filed with the Securities and Exchange Commission (SEC) a solicitation/recommendation statement on Schedule 14D-9. Stockholders are urged to read the solicitation/recommendation statement on Schedule 14D-9 and any amendments thereto filed from time to time, because they contain important information. Stockholders may obtain a free copy of the solicitation/recommendation statement at the SEC’s website at www.sec.gov.