-----BEGIN PRIVACY-ENHANCED MESSAGE----- Proc-Type: 2001,MIC-CLEAR Originator-Name: webmaster@www.sec.gov Originator-Key-Asymmetric: MFgwCgYEVQgBAQICAf8DSgAwRwJAW2sNKK9AVtBzYZmr6aGjlWyK3XmZv3dTINen TWSM7vrzLADbmYQaionwg5sDW3P6oaM5D3tdezXMm7z1T+B+twIDAQAB MIC-Info: RSA-MD5,RSA, KdOQG7g2WWyGRdiGXkTkGrjciPSVIefKC81eeVvrD0tY6ogOEACnp4GN2YOSTHpe d1bcFjNzsIsVuvRJhgW10w== 0000897204-08-000105.txt : 20080806 0000897204-08-000105.hdr.sgml : 20080806 20080806172009 ACCESSION NUMBER: 0000897204-08-000105 CONFORMED SUBMISSION TYPE: SC 13D/A PUBLIC DOCUMENT COUNT: 1 FILED AS OF DATE: 20080806 DATE AS OF CHANGE: 20080806 GROUP MEMBERS: HEARST HOLDINGS, INC. GROUP MEMBERS: THE HEARST CORPORATION GROUP MEMBERS: THE HEARST FAMILY TRUST SUBJECT COMPANY: COMPANY DATA: COMPANY CONFORMED NAME: HEARST ARGYLE TELEVISION INC CENTRAL INDEX KEY: 0000949536 STANDARD INDUSTRIAL CLASSIFICATION: TELEVISION BROADCASTING STATIONS [4833] IRS NUMBER: 742717523 STATE OF INCORPORATION: DE FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: SC 13D/A SEC ACT: 1934 Act SEC FILE NUMBER: 005-45627 FILM NUMBER: 08995822 BUSINESS ADDRESS: STREET 1: 888 SEVENTH AVE CITY: NEW YORK STATE: NY ZIP: 10106 BUSINESS PHONE: 2128876800 MAIL ADDRESS: STREET 1: 888 SEVENTH AVENUE STREET 2: 27TH FLOOR CITY: NEW YORK STATE: NY ZIP: 10106 FORMER COMPANY: FORMER CONFORMED NAME: ARGYLE TELEVISION INC DATE OF NAME CHANGE: 19951006 FILED BY: COMPANY DATA: COMPANY CONFORMED NAME: HEARST BROADCASTING INC CENTRAL INDEX KEY: 0001052746 IRS NUMBER: 000000000 FILING VALUES: FORM TYPE: SC 13D/A BUSINESS ADDRESS: STREET 1: 300 WEST 57TH STREET CITY: NEW YORK STATE: NY ZIP: 10019 BUSINESS PHONE: 2126492025 MAIL ADDRESS: STREET 1: 300 WEST 57TH STREET CITY: NEW YORK STATE: NY ZIP: 10019 SC 13D/A 1 sc13da.htm AMENDMENT 69

UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

 

Washington, D.C. 20549

 

 

SCHEDULE 13D

(Rule 13d-101)

INFORMATION TO BE INCLUDED IN STATEMENTS FILED PURSUANT

TO RULE 13d-1(a) AND AMENDMENTS THERETO FILED PURSUANT TO

RULE 13d-2(a)

(AMENDMENT NO. 69)

 

 

HEARST-ARGYLE TELEVISION, INC.

(Name of Issuer)

SERIES A COMMON STOCK

(Title of Class of Securities)

422317 10 7

(CUSIP Number)

Eve B. Burton

The Hearst Corporation

300 West 57th Street

New York, New York 10019

(212) 649-2045

(Name, Address and Telephone Number of Person

Authorized to Receive Notices and Communications)

Copy to:

Richard D. Pritz, Esq.

Kathleen L. Werner, Esq.

Clifford Chance US LLP

31 West 52nd Street

New York, New York 10019

(212) 878-8000

 

 

August 4, 2008

(Date of Event which Requires Filing of this Statement)

If the filing person has previously filed a statement on Schedule 13G to report the acquisition that is the subject of this Schedule 13D, and is filing this schedule because of Rule 13d-1(e), 13d-1(f) or 13d-1(g), check the following box. o

 

Note: Schedules filed in paper format shall include a signed original and five copies of the schedule, including all exhibits. See Rule 13d-7 for other parties to whom copies are to be sent.

 

 

(Continued on following pages)

 

 



 

 

 

CUSIP No. 422317 10 7

13D

 

1.

NAME OF REPORTING PERSON

S.S. OR I.R.S. IDENTIFICATION NOS. OF ABOVE PERSON

 

HEARST BROADCASTING, INC.

2.

CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP

(a)o

(b)o

3.

SEC USE ONLY

 

 

4.

SOURCE OF FUNDS

WC

5.

CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEMS 2(d) OR 2(e)

o

6.

CITIZENSHIP OR PLACE OF ORGANIZATION

 

DELAWARE

 

NUMBER OF

SHARES

BENEFICIALLY

OWNED BY

EACH

REPORTING

PERSON WITH

7.

SOLE VOTING POWER

 

8.

SHARED VOTING POWER

76,572,528

 

9.

SOLE DISPOSITIVE POWER

 

 

10.

SHARED DISPOSITIVE POWER

76,572,528

11.

AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON

76,572,528

12.

CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES

o

13.

PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)

81.8%

14.

TYPE OF REPORTING PERSON

CO

 

 

2

 



 

 

CUSIP No. 422317 10 7

13D

 

1.

NAME OF REPORTING PERSON

S.S. OR I.R.S. IDENTIFICATION NOS. OF ABOVE PERSON

 

HEARST HOLDINGS, INC.

2.

CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP

(a)o

(b)o

3.

SEC USE ONLY

 

 

4.

SOURCE OF FUNDS

WC

5.

CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEMS 2(d) OR 2(e)

o

6.

CITIZENSHIP OR PLACE OF ORGANIZATION

 

DELAWARE

 

NUMBER OF

SHARES

BENEFICIALLY

OWNED BY

EACH

REPORTING

PERSON WITH

7.

SOLE VOTING POWER

 

8.

SHARED VOTING POWER

76,572,528

 

9.

SOLE DISPOSITIVE POWER

 

 

10.

SHARED DISPOSITIVE POWER

76,572,528

11.

AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON

76,572,528

12.

CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES

o

13.

PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)

81.8%

14.

TYPE OF REPORTING PERSON

CO

 

 

3

 



 

 

CUSIP No. 422317 10 7

13D

 

1.

NAME OF REPORTING PERSON

S.S. OR I.R.S. IDENTIFICATION NOS. OF ABOVE PERSON

 

THE HEARST CORPORATION

2.

CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP

(a)o

(b)o

3.

SEC USE ONLY

 

 

4.

SOURCE OF FUNDS

WC

5.

CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEMS 2(d) OR 2(e)

o

6.

CITIZENSHIP OR PLACE OF ORGANIZATION

 

DELAWARE

 

NUMBER OF

SHARES

BENEFICIALLY

OWNED BY

EACH

REPORTING

PERSON WITH

7.

SOLE VOTING POWER

 

8.

SHARED VOTING POWER

76,572,528

 

9.

SOLE DISPOSITIVE POWER

 

 

10.

SHARED DISPOSITIVE POWER

76,572,528

11.

AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON

76,572,528

12.

CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES

o

13.

PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)

81.8%

14.

TYPE OF REPORTING PERSON

CO

 

 

4

 



 

 

CUSIP No. 422317 10 7

13D

 

1.

NAME OF REPORTING PERSON

S.S. OR I.R.S. IDENTIFICATION NOS. OF ABOVE PERSON

 

THE HEARST FAMILY TRUST

2.

CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP

(a)o

(b)o

3.

SEC USE ONLY

 

 

4.

SOURCE OF FUNDS

WC

5.

CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEMS 2(d) OR 2(e)

o

6.

CITIZENSHIP OR PLACE OF ORGANIZATION

 

CALIFORNIA

 

NUMBER OF

SHARES

BENEFICIALLY

OWNED BY

EACH

REPORTING

PERSON WITH

7.

SOLE VOTING POWER

 

 

8.

SHARED VOTING POWER

76,572,528

 

9.

SOLE DISPOSITIVE POWER

 

 

10.

SHARED DISPOSITIVE POWER

76,572,528

11.

AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON

76,572,528

12.

CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES

o

13.

PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)

81.8%

14.

TYPE OF REPORTING PERSON

OO (Testamentary Trust)

 

 

5

 



 

 

SCHEDULE 13D

This Amendment No. 69 on Schedule 13D (the "Schedule 13D") relating to shares of Series A Common Stock, $0.01 par value per share ("Series A Common Stock"), of Hearst-Argyle Television, Inc., a Delaware corporation (the "Issuer"), is being filed jointly by The Hearst Corporation, a Delaware corporation ("Hearst"), Hearst Holdings, Inc., a Delaware corporation ("Hearst Holdings") and wholly-owned subsidiary of Hearst, Hearst Broadcasting, Inc., a Delaware corporation ("Hearst Broadcasting") and wholly-owned subsidiary of Hearst Holdings, and The Hearst Family Trust, a testamentary trust (the "Trust", and together with Hearst, Hearst Holdings and Hearst Broadcasting, the "Reporting Persons"), and supplements and amends the statement on Schedule 13D originally filed with the Commission on April 4, 1997 (as amended, the "Statement"). Amendments No. 51 through 55 were filed as part of a Schedule TO-T, originally filed on September 14, 2007, and amended on September 20, 2007, September 25, 2007, October 3, 2007 and October 15, 2007.

Item 3.

Source and Amount of Funds or Other Consideration.

The aggregate amount of funds used by Hearst Broadcasting to acquire the shares reported in Item 5(c) was $10,811,640.85. Hearst Broadcasting used its working capital and the working capital of one or more of its affiliates to make such purchases.

 

Item 4.

Purpose of Transaction.

 

Hearst Broadcasting purchased additional Securities, as reported in Item 5(c) of this Statement, in order to increase its equity interest in the Issuer. See also Item 6.

Item 5.

Interest in Securities of the Issuer.

(a) and (b) As of August 4, 2008, the Reporting Persons owned 35,273,880 shares of Series A Common Stock of the Issuer and 41,298,648 shares of Series B Common Stock (collectively, the “Securities”). Each share of Series B Common Stock of the Issuer is immediately convertible into one share of Series A Common Stock of the Issuer. Therefore, the 41,298,648 shares of Series B Common Stock owned directly by Hearst Broadcasting represent, if converted, 41,298,648 shares of Series A Common Stock of the Issuer. Under the definition of “beneficial ownership” as set forth in Rule 13d-3 of the Exchange Act, Hearst Broadcasting, Hearst Holdings, Hearst and the Trust are deemed to have beneficial ownership of the Securities and the underlying Series A Common Stock. The Trust, as the owner of all of Hearst’s issued and outstanding common stock, may be deemed to have the power to direct the voting of and disposition of the Securities. Hearst, as the owner of all of Hearst Holdings’ issued and outstanding common stock, may be deemed to have the power to direct the voting of and disposition of the Securities. Hearst Holdings, as the owner of all of Hearst Broadcasting’s issued and outstanding common stock, may be deemed to have the power to direct the voting of and disposition of the Securities. As a result, Hearst Broadcasting, Hearst Holdings, Hearst and the Trust may be deemed to share the power to direct the voting of and the disposition of the Securities. If Hearst Broadcasting were to convert all of its convertible Securities, Hearst Broadcasting would own an approximately 81.8% ownership interest in the Issuer (on a fully diluted basis) based on the combined number of 93,564,968 outstanding shares of Class A Common Stock and Class B Common Stock reported by the Issuer as being outstanding as of July 25, 2008, as per the Form 10-Q filed by the Issuer with the Securities and Exchange Commission on August 1, 2008.

 

(c) Since filing Amendment No. 68 to the Statement, Hearst Broadcasting purchased 550,146 shares of Series A Common Stock of the Issuer pursuant to open-market purchases conducted under a “written plan for trading securities” within the meaning of Rule 10b5-1 promulgated under the Securities and Exchange Act of 1934, as amended. Further details regarding these purchases are set forth below.

 

 

6

 



 

 

 

Date

# of Shares

Price per Share ($)

Cost ($)

7/18/2008

6,200

19.03

117,986.00

7/18/2008

16,700

19.04

317,968.00

7/18/2008

9,000

19.05

171,450.00

7/18/2008

4,800

19.06

91,488.00

7/18/2008

14,600

19.07

278,422.00

7/18/2008

300

19.08

5,724.00

7/18/2008

2,800

19.09

53,452.00

7/18/2008

1,200

19.10

22,920.00

7/18/2008

2,300

19.11

43,953.00

7/18/2008

5,000

19.12

95,600.00

7/18/2008

900

19.14

17,226.00

7/18/2008

400

19.15

7,660.00

7/18/2008

600

19.16

11,496.00

7/18/2008

1,000

19.19

19,190.00

7/18/2008

2,500

19.22

48,050.00

7/18/2008

1,000

19.23

19,230.00

7/18/2008

2,400

19.24

46,176.00

 

 

 

 

7/21/2008

1,400

19.09

26,726.00

7/21/2008

300

19.13

5,739.00

7/21/2008

200

19.14

3,828.00

7/21/2008

800

19.15

15,320.00

7/21/2008

600

19.16

11,493.00

7/21/2008

53,800

19.16

1,030,808.00

7/21/2008

500

19.17

9,582.50

7/21/2008

5,200

19.17

99,684.00

7/21/2008

5,700

19.20

109,440.00

7/21/2008

200

19.23

3,846.00

7/21/2008

4,000

19.24

76,960.00

7/21/2008

7,500

19.25

144,375.00

 

 

 

 

7/22/2008

200

18.92

3,784.00

7/22/2008

500

18.96

9,480.00

7/22/2008

600

18.98

11,388.00

 

 

7

 



 

 

 

7/22/2008

6,900

19.00

131,100.00

7/22/2008

2,000

19.01

38,020.00

7/22/2008

2,800

19.02

53,256.00

7/22/2008

7,200

19.05

137,160.00

7/22/2008

1,100

19.17

21,087.00

7/22/2008

400

19.19

7,676.00

7/22/2008

1,300

19.25

25,025.00

7/22/2008

100

19.26

1,926.00

7/22/2008

1,000

19.27

19,270.00

7/22/2008

5,800

19.28

111,824.00

7/22/2008

3,000

19.29

57,870.00

7/22/2008

17,200

19.30

331,960.00

7/22/2008

3,800

19.31

73,378.00

 

 

 

 

7/23/2008

1,900

19.57

37,183.00

7/23/2008

1,600

19.58

31,328.00

7/23/2008

100

19.58

1,958.10

7/23/2008

1,900

19.59

37,221.00

7/23/2008

418

19.60

8,192.80

7/23/2008

1,000

19.61

19,610.00

7/23/2008

700

19.62

13,734.00

7/23/2008

100

19.62

1,962.30

7/23/2008

400

19.63

7,852.00

7/23/2008

400

19.64

7,854.00

7/23/2008

100

19.64

1,964.00

7/23/2008

200

19.64

3,928.50

7/23/2008

600

19.65

11,790.00

7/23/2008

100

19.65

1,965.20

7/23/2008

3,100

19.66

60,946.00

7/23/2008

1,200

19.67

23,604.00

7/23/2008

100

19.67

1,967.30

7/23/2008

400

19.68

7,872.00

7/23/2008

100

19.69

1,969.00

7/23/2008

5,800

19.75

114,550.00

 

 

 

 

7/24/2008

100

19.99

1,999.00

 

 

8

 



 

 

 

7/24/2008

6,000

20.20

121,200.00

7/24/2008

4,200

20.21

84,882.00

7/24/2008

900

20.22

18,193.50

7/24/2008

459

20.22

9,280.98

7/24/2008

300

20.23

6,069.00

7/24/2008

900

20.24

18,216.00

7/24/2008

100

20.25

2,024.50

7/24/2008

9,900

20.25

200,475.00

7/24/2008

400

20.26

8,102.00

7/24/2008

200

20.26

4,051.50

7/24/2008

4,621

20.26

93,621.46

7/24/2008

20

20.26

405.25

7/24/2008

100

20.26

2,026.30

7/24/2008

2,000

20.27

40,530.00

7/24/2008

1,500

20.27

30,405.00

7/24/2008

300

20.28

6,082.50

7/24/2008

1,700

20.28

34,476.00

7/24/2008

700

20.29

14,203.00

7/24/2008

600

20.30

12,177.00

7/24/2008

100

20.30

2,030.00

 

 

 

 

7/25/2008

1,000

19.92

19,920.00

7/25/2008

1,100

19.93

21,923.00

7/25/2008

9,500

19.94

189,430.00

7/25/2008

3,000

19.95

59,850.00

7/25/2008

13,800

19.96

275,448.00

7/25/2008

17,000

19.97

339,490.00

7/25/2008

8,400

19.98

167,832.00

7/25/2008

2,000

20.00

40,000.00

 

 

 

 

7/28/2008

4,300

19.94

85,742.00

7/28/2008

5,100

19.95

101,745.00

7/28/2008

5,000

19.96

99,800.00

7/28/2008

7,000

19.97

139,790.00

7/28/2008

13,800

19.98

275,724.00

7/28/2008

10,600

19.99

211,894.00

 

 

9

 



 

 

 

7/28/2008

22,500

20.00

450,000.00

 

 

 

 

7/29/2008

100

20.10

2,010.00

7/29/2008

4,600

20.25

93,150.00

 

 

 

 

7/30/2008

100

20.51

2,051.00

7/30/2008

100

20.53

2,053.00

7/30/2008

500

20.54

10,270.00

7/30/2008

5,900

20.55

121,245.00

7/30/2008

200

20.56

4,112.00

7/30/2008

200

20.57

4,114.00

7/30/2008

200

20.59

4,118.00

7/30/2008

100

20.61

2,061.00

7/30/2008

300

20.62

6,186.00

7/30/2008

300

20.67

6,201.00

7/30/2008

1,000

20.68

20,680.00

7/30/2008

700

20.69

14,483.00

7/30/2008

200

20.71

4,142.00

7/30/2008

900

20.72

18,648.00

7/30/2008

6,100

20.75

126,575.00

7/30/2008

100

20.78

2,078.00

7/30/2008

3,700

20.80

76,960.00

7/30/2008

2,700

20.82

56,214.00

7/30/2008

2,100

20.83

43,743.00

7/30/2008

400

20.84

8,336.00

7/30/2008

2,900

20.90

60,610.00

 

 

 

 

7/31/2008

300

20.75

6,225.00

7/31/2008

200

20.82

4,164.00

7/31/2008

600

20.94

12,564.00

7/31/2008

100

21.09

2,109.00

7/31/2008

300

21.10

6,330.00

7/31/2008

3,000

21.11

63,330.00

7/31/2008

100

21.15

2,115.00

7/31/2008

1,100

21.19

23,309.00

 

 

 

 

 

 

10

 



 

 

 

8/1/2008

100

19.32

1,932.00

8/1/2008

1,700

19.35

32,895.00

8/1/2008

100

19.35

1,935.20

8/1/2008

10,700

19.36

207,152.00

8/1/2008

3,900

19.37

75,543.00

8/1/2008

100

19.37

1,937.20

8/1/2008

2,000

19.38

38,760.00

8/1/2008

100

19.39

1,938.50

8/1/2008

200

19.39

3,877.50

8/1/2008

4,600

19.39

89,194.00

8/1/2008

100

19.39

1,939.20

8/1/2008

100

19.40

1,939.50

8/1/2008

4,000

19.40

77,600.00

8/1/2008

100

19.40

1,940.20

8/1/2008

100

19.40

1,940.30

8/1/2008

100

19.41

1,940.50

8/1/2008

5,200

19.41

100,932.00

8/1/2008

400

19.41

7,765.20

8/1/2008

3,100

19.42

60,202.00

8/1/2008

200

19.43

3,885.00

8/1/2008

800

19.43

15,544.00

8/1/2008

100

19.43

1,943.20

8/1/2008

9,400

19.44

182,736.00

8/1/2008

3,200

19.45

62,240.00

8/1/2008

4,200

19.46

81,732.00

8/1/2008

3,000

19.47

58,410.00

8/1/2008

4,000

19.48

77,920.00

8/1/2008

1,100

19.49

21,439.00

8/1/2008

2,800

19.55

54,740.00

 

 

 

 

8/4/2008

200

19.74

3,948.00

8/4/2008

2,300

19.76

45,448.00

8/4/2008

100

19.80

1,980.00

8/4/2008

100

19.83

1,983.00

8/4/2008

5,225

19.87

103,820.75

8/4/2008

100

19.88

1,988.00

 

 

11

 



 

 

 

8/4/2008

2,000

19.89

39,780.00

8/4/2008

4,200

19.90

83,580.00

8/4/2008

500

19.91

9,955.00

8/4/2008

9,500

19.92

189,240.00

8/4/2008

5,000

19.93

99,650.00

8/4/2008

5,000

19.95

99,750.00

8/4/2008

103

19.97

2,056.91

8/4/2008

200

19.99

3,997.00

8/4/2008

16,000

19.99

319,840.00

8/4/2008

9,800

20.00

196,000.00

TOTAL

550,146

 

 

10,811,640.85

 

 

Item 6. Contracts, Arrangements, Understandings or Relationships With Respect to Securities of the Issuer.

 

On December 5, 2007, the Board of Directors of Hearst approved the purchase from time to time by Hearst Broadcasting of up to 8 million shares of Series A Common Stock in open market and privately negotiated purchases in order to increase its ownership percentage in the Issuer to approximately 82% (on a fully-diluted basis) for U.S. federal income tax purposes. This authorization supersedes all remaining ability to purchase Series A Common Stock under previous authorizations.

If both Hearst Broadcasting and the Issuer decide to purchase Series A Common Stock on the same day, and do so pursuant to Rule 10b-18 under the Exchange Act, they have agreed to aggregate their purchases, to use a single broker/dealer and to divide any such purchases between them equally.

 

12

 



 

 

SIGNATURE

 

After reasonable inquiry and to the best of my knowledge and belief, I certify that the information set forth in this statement is true, complete and correct.

Dated: August 6, 2008

 

 

HEARST BROADCASTING, INC.

 

 

By:

/s/ James M. Asher                                      

Name: James M. Asher

Title: Vice President

 

 

 

 



 

 

SIGNATURE

 

After reasonable inquiry and to the best of my knowledge and belief, I certify that the information set forth in this statement is true, complete and correct.

Dated: August 6, 2008

 

 

HEARST HOLDINGS, INC.

 

 

By:

/s/ James M. Asher                                      

Name: James M. Asher

Title: Senior Vice President

 

 

 



 

 

SIGNATURE

 

After reasonable inquiry and to the best of my knowledge and belief, I certify that the information set forth in this statement is true, complete and correct.

Dated: August 6, 2008

 

THE HEARST CORPORATION

 

 

By:

/s/ James M. Asher                                      

Name: James M. Asher

Title: Senior Vice President

 

 

 



 

 

SIGNATURE

 

After reasonable inquiry and to the best of my knowledge and belief, I certify that the information set forth in this statement is true, complete and correct.

Dated: August 6, 2008

 

 

THE HEARST FAMILY TRUST

 

 

By:

/s/ Frank A. Bennack, Jr.                              

Name: Frank A. Bennack, Jr.

Title: Trustee

 

 

 

 

 

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