OUT OF AN AN ABUNDANCE OF CAUTION, EQUITY MEDIA HOLDINGS CORP., DEBTOR-IN-POSSESSSION ('EMHC'), THE PARENT COMPANY OF ARKANSAS 49, INC., DEBTOR-IN-POSSESSION, IS REPORTING A CHARACTER ISSUE INVOLVING ONE OF ITS LICENSEE SUBSIDIARIES, MONTANA LICENSE SUB, INC. KRTV COMMUNICATIONS, INC. LICENSEE OF KRTV, GREAT FALLS, MONTANA FILED AN INFORMAL OBJECTION AGAINST THE LICENSE RENEWAL APPLICATION FILED BY MONTANA LICENSE SUB, INC. ('MLS'), A SUBSIDIARY OF EMHC, FOR KLMN(TV), GREAT FALLS, MONTANA, RAISING ISSUES AS TO THE TRUTHFULNESS AND CANDOR OF MLS IN THE APPLICATION, SEE BRCT-20051130AEB. THIS ISSUE WILL LIKELY NEVER BE RESOLVED, AS THE LICENSE FOR KLMN WAS SUBMITTED FOR CANCELLATION AND WAS CANCELLED BY THE COMMISSION ON JULY 17, 2009, THEREBY RENDERING THE RENEWAL APPLICATION MOOT.