A. H. Belo Corporation announces private stock transaction

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A. H. Belo Corporation has announced that the company's chief executive officer, Robert W. Decherd, purchased 143,419 shares of A. H. Belo common stock in a private transaction on Friday, May 3. Decherd purchased 100,000 Series B shares at $5 each and 43,419 Series A shares at $4 each.

The purchases increase Decherd's total Series B holdings to 1,682,431 shares and his Series A holdings to 43,419 shares, inclusive of 300,291 Series B shares for which Decherd exercises voting power. The total number of shares he now votes is 1,682,431 Series B shares and 43,419 Series A shares, or approximately 38.6 percent of the company's voting power.

Decherd said, "The transition of The Dallas Morning News and all great metropolitan newspapers to a digital-first business model will be lengthy. Continuity will matter a lot in the successful completion of this transition. This is why I purchased these additional shares, reflecting my conviction about the importance of distinguished local journalism in Dallas and throughout America."

a-h-belo

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