Lynch Interactive Corporation Announces One-for-One Hundred Reverse Stock Split

Lynch Interactive Corporation (AMEX:LIC) announced that
at a special meeting of its Board of Directors today, the Board
approved an amendment to the company's Restated Certificate of
Incorporation to effect a one-for-one hundred reverse stock split.
This reverse split was approved by the stockholders at their annual
meeting on October 31, 2005. Its effect will be to reduce the number
of shareholders of record below 300 so that the company can delist
from the American Stock Exchange and deregister its shares under the
Securities Exchange Act of 1934, thus "going dark." The amendment is
expected to be effective on or about November 10, 2005. The
consideration for holders of less than one hundred shares of stock is
expected to be the greater of $29 per share or 120% of the average
closing prices over the twenty days on which shares were traded
immediately prior to the effective date.