Nexstar Broadcasting Group, Inc. (NASDAQ: NXST) announced today that it will report its 2007 second quarter financial results before the market opens on Wednesday, August 8, 2007. The Company will host a conference call and webcast at 10:00 a.m. EDT that morning to review the results.

To access the conference call by telephone, interested parties may dial 800/311-0799 (719/457-2695 for international callers.) A replay will be available through August 12, 2007 by dialing 888/203-1112 (719/457-0820 for international callers) and entering access code (1455186). Participants can also listen to a live webcast of the call through the Investor Relations section of Nexstar’s website at www.nexstar.tv. A webcast replay will be available for 60 days following the live event.

Please call five minutes in advance to ensure that you are connected. Questions and answers will be taken only from participants on the conference call. For the webcast, please allow 15 minutes to register and download and install any necessary software.

On May 17, 2007, Nexstar announced that it had engaged Goldman, Sachs & Co. to assist the Company in reviewing strategic alternatives including, but not limited to the sale of the Company. There can be no assurance with respect to the outcome of this engagement.

About Nexstar Broadcasting Group, Inc.

Nexstar Broadcasting Group, Inc. currently owns, operates, programs or provides sales and other services to 49 television stations in 29 markets in the states of Illinois, Indiana, Maryland, Missouri, Montana, Texas, Pennsylvania, Louisiana, Arkansas, Alabama and New York. Nexstar’s television station group includes affiliates of NBC, CBS, ABC, FOX, My Network and CW, and reaches approximately 8.25% of all U.S. television households.