Corporate Profile Gray Television, Inc. is a television broadcast company headquartered in Atlanta, Georgia, whose primary mission is to provide quality news and entertainment services to the local markets in which the Company operates. Our commitment to local interests and a selective acquisition strategy provides growth opportunities, which builds long-term value for our stockholders. Gray currently operates 36 television stations serving 30 markets. Each of the stations are affiliated with either CBS (17 stations), NBC (10 stations), ABC (8 stations) or FOX (1 station). In addition, we currently operate 40 digital second channels including 1 ABC, 4 Fox, 8 CW, 18 MyNetworkTV, 2 Universal Sports Network, 1 The Country Network affiliates and 6 local news/weather channels in certain of our existing markets. Recent Financial Releases Date Title 01/11/12 Gray Announces the Retirement of Robert A. Beizer, Vice President for Law and Development and the Hiring of Kevin P. Latek as Vice President Law and Development 12/12/11 Gray Completes Privately Negotiated Repurchase of 68.73 Shares of its Series D Perpetual Preferred Stock 11/04/11 Gray Reports Operating Results for the Three-Month and Nine-Month Periods Ended September 30, 2011 Stock Quote GTN (Common Stock) GTN.A (Common Stock) Price $2.02 Change   0.07 Exchange: NYSE % Change  3.35% 01/27/12 at 4:02 p.m. ET Minimum 20 minute delay - Refresh quote Quotes delayed at least 15 minutes. Market data provided by Interactive Data. Terms & Conditions. Powered and implemented by Interactive Data Managed Solutions.

Click on the map for further information. Contact Information Executive Offices: 4370 Peachtree Road, NE Atlanta, GA 30319 (404) 504-9828 Administrative Offices: 126 N. Washington Street Albany, GA 31701 (229) 888-9390 Transfer Agent: BNY Mellon Shareowner Services P. O. Box 358016 Pittsburgh, PA 15252-8016 Phone: 800-522-6645 www.bnymellon.com/shareowner shrrelations@bnymellon.com