GRAY ANNOUNCES QUARTERLY CASH DIVIDEND OF $0.08 PER SHARE

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ATLANTA, Nov. 04, 2022 (GLOBE NEWSWIRE) — Gray Television, Inc. (“Gray”) (NYSE: GTN) introduced immediately that its Board of Directors has approved a quarterly money dividend of $0.08 per share of its widespread inventory and Class A typical inventory. The dividend is payable on December 30, 2022, to shareholders of report on the shut of business on December 15, 2022.

About Gray Television:

Gray Television is a multimedia firm headquartered in Atlanta, Georgia. We are the nation’s largest proprietor of top-rated native tv stations and digital property within the United States. Our tv stations serve 113 tv markets that collectively attain roughly 36 % of US tv households.  This portfolio consists of 80 markets with the top-rated tv station and 100 markets with the primary and/or second highest rated tv station. We additionally personal video program firms Raycom Sports, Tupelo Media Group (previously Tupelo Honey), PowerNation Studios, in addition to the studio manufacturing services Assembly Atlanta and Third Rail Studios.

Forward-Looking Statements:

This press launch comprises sure forward-looking statements which might be primarily based largely on Gray’s present expectations and mirror varied estimates and assumptions by Gray. These statements are statements aside from these of historic reality and could also be recognized by phrases akin to “estimates”, “expect,” “anticipate,” “will,” “implied,” “assume” and comparable expressions. Forward-looking statements are topic to sure dangers, traits and uncertainties that might trigger precise outcomes and achievements to vary materially from these expressed in such forward-looking statements. Such dangers, traits and uncertainties, which in some situations are past Gray’s management embrace Gray’s incapacity to supply anticipated future cost of dividends, and different future occasions. Gray is topic to extra dangers and uncertainties described in Gray’s quarterly and annual studies filed with the Securities and Exchange Commission infrequently, together with within the “Risk Factors,” and administration’s dialogue and evaluation of economic situation and outcomes of operations sections contained therein, which studies are made publicly accessible by way of its web site, www.grey.television. Any forward-looking statements on this communication needs to be evaluated in mild of those necessary threat components. This press launch displays administration’s views as of the date hereof. Except to the extent required by relevant legislation, Gray undertakes no obligation to replace or revise any info contained on this communication past the date hereof, whether or not because of new info, future occasions or in any other case.

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Gray Contacts:
www.grey.television
Jim Ryan, Executive Vice President and Chief Financial Officer, (404) 504-9828
Kevin P. Latek, Executive Vice President, Chief Legal and Development Officer, (404) 266-8333



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