July 9, 2019 – Baltimore – In connection with its $9.6 billion pending and previously announced acquisition of a regional sports networks business (“RSN”) from The Walt Disney Company, Sinclair Broadcast Group, Inc. (“Sinclair” or the “Company”) (Nasdaq: SBGI) announced today that its indirect wholly-owned subsidiaries, Diamond Sports Group, LLC (“Diamond”) and Diamond Sports Finance Company (the “Co-Issuer” and, together with Diamond Sports Group, the “Issuers”), intend to offer in a private placement, subject to market conditions and other factors, $2.550 billion aggregate principal amount of Senior Secured Notes due 2026 (the “Secured Notes”) and $2.325 billion aggregate principal amount of Senior Notes due 2027 (the “Senior Notes” and, together with the Secured Notes, the “Notes”).

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