Sinclair Reinstates Dividend Policy; Declares Dividend of $0.12

Sinclair Broadcast Group, Inc. SBGI announced that its Board of Directors has declared a cash dividend of $0.12 per share on the Company's Class A and Class B common stock. The dividends are payable on March 15, 2011, to the holders of record at the close of business on March 1, 2011. The common stock will trade ex-dividend on February 25, 2011.