Outdoor Channel Renews Distribution Agreement with NCTC

Channel Holdings, Inc. announced the renewal of its carriage agreement with the
National Cable Television Cooperative (NCTC). The company’s new five-year
distribution deal offers continued carriage for the current subscribers. The
deal also contains strong incentives to induce broader carriage of Outdoor

leader in outdoor TV, to NCTC’s more than 1,100 independent cable operator
members serving approximately 12 million subscribers nationwide.

are pleased to have concluded the renewal and restructuring of our affiliation
agreement with one of our biggest and best customers, the NCTC,” said
Roger L. Werner, president and chief executive officer of Outdoor Channel
Holdings. “While we expect the NCTC renewal will initially reduce our
subscriber fee revenues, the subscriber fee rates under the agreement increase
over time. In addition, we believe the incentives in the agreement will promote
greater penetration throughout the membership and lead to an overall expansion
in the number of cable subscribers through the organization. Over the past ten
years, the NCTC has been an important partner to Outdoor Channel, and we look
forward to continuing our successful association for many more years to

Channel has a strong track record of delivering programming that appeals to a
broad spectrum of our members and their millions of customers,” said Jeff
Abbas, president and chief executive officer of NCTC.

extension of our carriage agreement ensures that our members will continue to
enjoy one of the cable industry’s top networks that focuses on hunting,
fishing, and the great outdoors.”

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