1 EXHIBIT 99 CBS CORPORATION 51 West 52nd Street, New York, New York 10019-6138 January 29, 1999 CBS CORPORATION WILL HOLD ANNUAL MEETING MAY 4, 1999 IN NEW YORK CITY CBS Corporation announced today that it will hold its Annual Meeting on May 4, 1999 in New York City. * * * Press Contact: Dana McClintock (212) 975-1077