Granite Broadcasting Corporation Schedules Third Quarter 2003 Teleconference NEW YORK, Oct. 27 /PRNewswire-FirstCall/ -- Granite Broadcasting Corporation announced today that it will release third quarter 2003 financial results on Tuesday, November 11, 2003. Granite will host a teleconference to discuss its third quarter 2003 results on November 11th at 10:00 a.m. Eastern Time. To access the teleconference, please dial 212-346-6593 ten minutes prior to the start time. The teleconference will also be available via live webcast on the investor relations portion of the Company's website, located at http://www.granitetv.com/. If you cannot listen to the teleconference at its normal time, there will be a replay available through November 18, 2003 at noon Eastern Time, and can be accessed by dialing 800-633-8284 or 402-977-9140 (International callers), passcode: 21161732. The webcast will also be archived on the Company's website for one month. Granite Broadcasting Corporation (NASDAQ:GBTVK) operates eight television stations in geographically diverse markets reaching over 6% of the nation's television households. Three stations are affiliated with the NBC Television Network (NBC), two with the ABC Television Network (ABC), one with the CBS Television Network (CBS), and two with the Warner Brothers Television Network (WB). The NBC affiliates are KSEE-TV, Fresno-Visalia, California, WEEK-TV, Peoria-Bloomington, Illinois, and KBJR-TV, Duluth, Minnesota and Superior, Wisconsin. The ABC affiliates are WKBW-TV, Buffalo, New York, and WPTA-TV, Fort Wayne, Indiana. The CBS affiliate is WTVH-TV, Syracuse, New York. The WB affiliates are KBWB-TV, San Francisco-Oakland-San Jose, California, and WDWB- TV, Detroit, Michigan. DATASOURCE: Granite Broadcasting Corporation CONTACT: Press, W. Don Cornwell or Analyst, Ellen McClain, both of Granite Broadcasting Corporation, +1-212-826-2530 Web site: http://www.granitetv.com/

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