NOTICE OF GUARANTEED DELIVERY
of
YOUNG BROADCASTING INC.
Offer to exchange its 83/4% Senior Subordinated Notes due 2014 and related guarantees which have been registered under the Securities Act of 1933, as amended (the "Securities Act"), for any and all of its outstanding 83/4% Senior Subordinated Notes due 2014 that were issued and sold in a transaction exempt from registration under the Securities Act
Pursuant to the Prospectus Dated , 2004
THE EXCHANGE OFFER WILL EXPIRE AT 5:00 P.M., NEW YORK CITY TIME, ON , 2004 (THE "EXPIRATION DATE") UNLESS THE OFFER IS EXTENDED. TENDERS MAY BE WITHDRAWN PRIOR TO 5:00 P.M., NEW YORK CITY TIME, ON THE EXPIRATION DATE.
This form must be used by holders of 83/4% Senior Subordinated Notes due 2014 and related guarantees (the "Notes") of Young Broadcasting Inc., a Delaware Corporation (the "Issuer"), who wish to tender Notes to the Exchange Agent pursuant to the guaranteed delivery procedures described in "Exchange Offer—Guaranteed Delivery Procedure" of the Issuer's Prospectus, dated , 2004 (the "Prospectus") and in Instruction 1 to the related Letter of Transmittal. Any holder who wishes to tender Notes pursuant to such guaranteed delivery procedures must ensure that the Exchange Agent receives this Notice of Guaranteed Delivery prior to the Expiration Date of the Exchange Offer. Capitalized terms used but not defined herein have the meanings ascribed to them in the Letter of Transmittal.
If you wish to accept the Exchange Offer pursuant to the guaranteed delivery procedures, this Notice of Guaranteed Delivery should be completed, signed and submitted to Wachovia Bank, National Association:
| By Registered or Certified Mail: | By Facsimile Transmissions: | By Hand or Overnight Delivery: | ||
| Wachovia Bank, National Association Customer Information Center Corporate Trust Operations-NC1153 1525 West W.T. Harris Boulevard-3C3 Charlotte, North Carolina 28288 Attention: Marsha Rice | (704) 590-7628 | Wachovia Bank, National Association Customer Information Center Corporate Trust Operations-NC1153 1525 West W.T. Harris Boulevard-3C3 Charlotte, North Carolina 28288 Attention: Marsha Rice | ||
To Confirm by Telephone or for Information Call: (704) 590-7413 | ||||
DELIVERY OF THIS INSTRUMENT TO AN ADDRESS OTHER THAN AS SET FORTH ABOVE OR TRANSMISSION OF THIS INSTRUMENT VIA FACSIMILE TO A NUMBER OTHER THAN AS SET FORTH ABOVE WILL NOT CONSTITUTE A VALID DELIVERY.
This form is not to be used to guarantee signatures. If a signature on a Letter of Transmittal is required to be guaranteed by an "Eligible Institution" under the instructions thereto, such signature guarantee must appear in the applicable space provided in the signature box on the Letter of Transmittal.
The undersigned hereby tenders to the Issuer, upon the terms and subject to the conditions set forth in the Prospectus and the related Letter of Transmittal, receipt of which is hereby acknowledged, the principal amount of Notes set forth below pursuant to the guaranteed delivery procedures set forth in the Prospectus and in Instruction 1 of the Letter of Transmittal.
The undersigned hereby tenders the Notes listed below:
| 83/4% Senior Subordinated Notes due 2014 | ||||
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| Certificate Number(s) (if known) of Notes or Account Number at the Book-Entry Facility | Aggregate Principal Amount Represented | Aggregate Principal Amount Tendered | ||
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PLEASE SIGN AND COMPLETE
| Signatures of Registered Holder(s) or | |||||||||||
| Authorized Signatory: | | Date: | | , 2004 | |||||||
| | Address: | | |||||||||
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| Name(s) of Registered Holder(s): | | Area Code and Telephone No.: | | ||||||||
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This Notice of Guaranteed Delivery must be signed by the Holder(s) exactly as their name(s) appear on certificates for Notes or on a security position listing as the owner of Notes, or by person(s) authorized to become Holder(s) by endorsements and documents transmitted with this Notice of Guaranteed Delivery. If signature is by a trustee, executor, administrator, guardian, attorney-in-fact, officer or other person acting in a fiduciary or representative capacity, such person must provide the following information.
Please print name(s) and address(es)
| Name(s): | | |
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| Capacity: | |
| Address(es): | | |
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GUARANTEE
(Not to be used for signature guarantee)
The undersigned, a firm which is a member of a registered national securities exchange or of the National Association of Securities Dealers, Inc., or is a commercial bank or trust company having an office or correspondent in the United States, or is otherwise an "eligible guarantor institution" within the meaning of Rule 17Ad-15 under the Securities Exchange Act of 1934, as amended, guarantees deposit with the Exchange Agent of the Letter of Transmittal (or manually signed facsimile thereof), with any required signature guarantees or an Agent's Message (in the case of a book-entry transfer), together with the Notes tendered hereby in proper form for transfer (or confirmation of the book-entry transfer of such Notes into the Exchange Agent's account at the Book-Entry Transfer Facility described in the Prospectus under the section entitled "Exchange Offer—Guaranteed Delivery Procedure" and in the Letter of Transmittal) and any other required documents, all by 5:00 p.m., New York City time, within three New York Stock Exchange trading days following the Expiration Date.
| Name of firm | | (Authorized Signature) | |||||||
| Address | | Name | (Please Print) | ||||||
| (Include Zip Code) | Title | | |||||||
| Area Code and Tel. No. | | Dated | | , 2003 | |||||
DO NOT SEND SECURITIES WITH THIS FORM. ACTUAL SURRENDER OF SECURITIES MUST BE MADE PURSUANT TO, AND BE ACCOMPANIED BY, AN EXECUTED LETTER OF TRANSMITTAL.
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INSTRUCTIONS FOR NOTICE OF GUARANTEED DELIVERY
1. Delivery of this Notice of Guaranteed Delivery. A properly completed and duly executed copy of this Notice of Guaranteed Delivery and any other documents required by this Notice of Guaranteed Delivery must be received by the Exchange Agent at its address set forth herein prior to the Expiration Date. The method of delivery of this Notice of Guaranteed Delivery and any other required documents to the Exchange Agent is at the election and sole risk of the Holder(s), and the delivery will be deemed made only when actually received by the Exchange Agent. If delivery is by mail, registered mail with return receipt requested, properly insured, is recommended. As an alternative to delivery by mail, the Holder(s) may wish to consider using an overnight or hand delivery service. In all cases, sufficient time should be allowed to assure timely delivery. For a description of the guaranteed delivery procedures, see Instruction 1 of the Letter of Transmittal.
2. Signatures on this Notice of Guaranteed Delivery. If this Notice of Guaranteed Delivery is signed by the registered Holder(s) of the Notes referred to herein, the signature must correspond with the name(s) written on the face of the Notes without alteration, enlargement, or any change whatsoever. If this Notice of Guaranteed Delivery is signed by a participant of the Book-Entry Transfer Facility whose name appears on a security position listing as the owner of the Notes, the signature must correspond with the name shown on the security position listing as the owner of the Notes.
If this Notice of Guaranteed Delivery is signed by a person other than the registered Holder(s) of any Notes listed or a participant of the Book-Entry Transfer Facility, this Notice of Guaranteed Delivery must be accompanied by appropriate bond powers, signed as the name of the registered Holder(s) appears on the Notes or signed as the name of the participant shown on the Book-Entry Transfer Facility's security position listing.
If this Notice of Guaranteed Delivery is signed by a trustee, executor, administrator, guardian, attorney-in-fact, officer of a corporation, or other person acting in a fiduciary or representative capacity, such person should so indicate when signing and submit with the Letter of Transmittal evidence satisfactory to the Issuer of such person's authority to so act.
3. Requests for Assistance or Additional Copies. Questions and requests for assistance and requests for additional copies of the Prospectus may be directed to the Exchange Agent at the address specified herein. Holders may also contact their broker, dealer, commercial bank, trust company, or other nominee for assistance concerning the Exchange Offer.
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