October 26, 2005

FOX NETWORKS GROUP TO CONSTRUCT
TECHNICAL FACILITY IN THE WOODLANDS

Acquisition of 30 acres of land completed

THE WOODLANDS, TX – (October 26, 2005) – Fox Networks Group has acquired 30 acres of land on Research Forest Drive just east of Technology Forest Drive, in the commercial Research Forest area of The Woodlands, for construction of a technical facility that will manage transmissions for Fox’s many regional sports networks and other programming services, according to Dan Leverett, vice president, commercial for The Woodlands Development Company.

The facility will be called Fox Network Center-Houston, and will encompass transmission services to the greater Houston metro area. Pre-construction work is already in progress, and groundbreaking is planned for the first quarter of 2006. The project should be completed by the third quarter of 2007. Integration of technical equipment and move-in of personnel will begin in either the fourth quarter of 2007 or the first quarter of 2008.

According to Fox Networks Group officials, the facility will act as master control for several of Fox Networks Group’s 26 owned-and-operated networks, including FSN Houston and FSN Southwest. It will feature entirely state-of-the-art design and equipment, ranging from high-definition programming transport to sophisticated digital media storage and management systems, as well as an MPEG-digital satellite distribution platform. The facility will have a 24-hour manned gated entrance and other on-site security personnel commensurate with other Fox operations.

The facility will employ approximately 500 people, roughly split between 125 managerial staff and 375 technical personnel. Many of the current 300-plus employees already have made tentative plans to move into the local area, and Fox estimates hiring another 100 to 200 people from the surrounding area rather that going out-of-state. This will include everything from entry-level positions to management. The facility is also built to accommodate twice the current size, so there will be more opportunity for employment as the facility is built out.

The architectural firm is ArchCentric, a company specifically chosen for their experience in designing this type of facility. ArchCentric is currently working with Gilbane in the early stages of construction planning.

“Fox Networks’ choice of a major location in The Woodlands is a boon to The Woodlands and South Montgomery County, both in terms of economic development and job creation,” said Leverett. “Fox will be one of the largest employers in The Woodlands, and will add to the list of major corporations who have chosen to locate here.”

Fox Networks Group currently manages 26 different networks and has added a new network every year for the past five years, including National Geographic Channel, FUEL TV, Fox Reality, Fox College Sports and other popular services.

Scott Wegmann and Justin Leighton of Cushman & Wakefield represented Fox Networks Group in the acquisition.