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GRAY TELEVISION REACHES AGREEMENT IN PRINCIPLE TO RENEW ALL GRAY NBC AFFILIATIONS NATIONWIDE Atlanta, Georgia – September 20, 2018. Gray Television, Inc. (“Gray,” “we,” “us” or “our”) (NYSE: GTN and GTN.A) today announced that it has reached an agreement in principle with the NBC Network that extends and renews all of Gray’s existing NBC network affiliations, which otherwise would have expired at year-end 2018. Currently, Gray’s portfolio includes NBC affiliated television stations serving 26 markets, most of which are the top-ranked stations in their local markets. In the just concluded television season, NBC, which was the most watched television network, ranked first in all key demos, as well as first in the primetime, news, primetime sports, late night, scripted, and alternative program categories. About Gray Television Currently, Gray owns and/or operates over 100 television stations across 57 television markets that collectively broadcast nearly 250 program streams including over 100 channels affiliated with the CBS Network, the NBC Network, the ABC Network and the FOX Network. Our portfolio includes the number-one and/or number-two ranked television station operations in all of our markets, which collectively cover approximately 10.4 percent of total United States television households. Gray has entered into an agreement to combine with Raycom Media, Inc. in a transformational transaction. The combined company will own leading television stations and digital platforms serving 92 markets and 24 percent of U.S. television households. It also will include video program production, marketing, and digital businesses including Raycom Sports, Tupelo-Raycom, and RTM Studios, the producer of PowerNation programs and content. For further information, please visit www.gray.tv. Contact: Kevin P. Latek, Executive Vice President, Chief Legal and Development Officer. 404- 266-8333 # # # 4370 Peachtree Road, NE, Atlanta, GA 30319 | P 404.504.9828 F 404.261.9607 | www.gray.tv .

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Powernation Tv's Engine Power
FOR IMMEDIATE RELEASE RTM ANNOUNCES POWERNATION TV’S ENGINE POWER TO BUILD UMP MODIFIED DIRT TRACK CAR TO CELEBRATE SUMMIT RACING’S 50TH ANNIVERSARY FRANKLIN, TN, OCTOBER 27, 2017 Summit Racing Equipment will celebrate 50 years in business in Veteran UMP Modified driver Mike Harrison will assist with testing 2018. To celebrate that milestone, PowerNation TV’s Engine Power and tuning before a lucky racer wins the car at auction during the is teaming up to build a Summit Racing 50th Anniversary Tribute DIRTcar Summit Racing Modified Mania at Tri City Speedway in Car—a race car for DIRTcar UMP Modified dirt track competition. September 2018. The proceeds will benefit charity. “PowerNation is proud to be a part of Summit Racing’s 50th Harrison has 491 career feature race wins, six UMP National Modified anniversary by building this car,” RTM President Matthew Hawkins championships, and five Summit Racing Equipment Modified said. “It is a fitting tribute to a company that has supported the Nationals championships to his credit, so he knows his way around motorsports community and the automotive aftermarket industry for a dirt track car. much of the last half-century.” “With all Summit Racing does for UMP Dirt Modified racing, I’m “We’re excited to announce this partnership with our good friends happy to lend a hand on their 50th Anniversary race car,” Harrison at PowerNation TV,” said Nan Gelhard, Summit Racing Advertising said. “Don makes a great chassis and the Engine Power guys know and PR manager. “Summit Racing Equipment customers include how to make horsepower, so I’m looking forward to getting behind grassroots and sportsman racers, and we support them with the wheel and getting the car dialed in.” sponsorships in DIRTcar, IMCA, and USMTS.” Engine Power’s 2018 schedule begins January 21st, 2018.
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NEWS RELEASE Gray Names Ike Walker to Lead its Television Stations in Fargo, North Dakota Atlanta, Georgia – February 1, 2019. Gray Television, Inc. (“Gray,” “we,” “us” or “our”) (NYSE: GTN and GTN.A) announced its appointment of veteran news broadcaster Ike Walker as the General Manager/News Director of KVLY (NBC) and KX4 (CBS) in the Fargo- Valley City, North Dakota (DMA 117) television market. Ike has served as News Director for the stations since 2012. Originally from Tulsa, Oklahoma, Ike has also served in station and news management positions in Columbus, Ohio; Topeka, Kansas; Savannah, Georgia; and Tulsa, Oklahoma. He is uniquely qualified to take over in Fargo, because under his leadership, Valley News Live has become the dominant, number one news leader for the eastern half of North Dakota. He is a highly respected leader with a clear vision for stations. His steady and strategic orientation will serve the Fargo market well. About Gray: Gray owns and/or operates television stations and leading digital properties in 91 television markets, including the first or second highest rated television station in 85 markets. Our television stations broadcast almost 400 separate programming streams, including nearly 150 affiliates of the CBS/NBC/ABC/FOX networks. We also own video program production, marketing, and digital businesses including Raycom Sports, Tupelo-Raycom, and RTM Studios, the producer of PowerNation programs and content. For further information, please visit www.gray.tv. Gray Contacts: Website: www.gray.tv Kevin P. Latek, Executive Vice President, Chief Legal and Development Officer, 404-266-8333 # # # 4370 Peachtree Road, NE, Atlanta, GA 30319 | P 404.504.9828 F 404.261.9607 | www.gray.tv .
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(Mark One) Quarterly Report Pursuant to Se
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Two of Its Wholly Owned Subsidiaries, CNHI, LLC and Purecars Automotive, LLC
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