Gray Sets Date for Fourth Quarter Earnings Release and Earnings Conference Call

ATLANTA, March 14  /PRNewswire-FirstCall/ -- Gray Television, Inc. (NYSE: GTN; GTN.A) today announced that it will release its earnings results for the Quarter ended December 31, 2005 on Thursday March 16, 2006.

Earnings Conference Call Information

Gray Television, Inc. will host a conference call to discuss its fourth quarter operating results on March 16, 2006.  The call will begin at 1:00 PM Eastern Time.  The live dial-in number is 1-800-289-0529 and the confirmation code is 6184459.  The call will be webcast live and available for replay at http://www.gray.tv/.  The taped replay of the conference call will be available at 1-888-203-1112, confirmation code:  6184459 until April 16, 2006.

Gray Television, Inc. is a communications company headquartered in Atlanta, Georgia, and currently operates 17 CBS affiliated television stations, 10 NBC-affiliated television stations, eight ABC-affiliated television stations and one Fox television station. 

DATASOURCE: Gray Television, Inc.



CONTACT:  Bob Prather, President, [phone], or Jim Ryan, Chief

Financial Officer, [phone], both of Gray Television, Inc.



Web site:  http://www.gray.tv/

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