LYNCH INTERACTIVE
CORPORATION

                                                                   Press Release
                                                           For Immediate Release

               LAWRENCE R. MOATS JOINS BOARD OF LYNCH INTERACTIVE

RYE,  New York,  January  19,  2005 - Lynch  Interactive  Corporation  (ASE:LIC)
Lawrence R. Moats, 56, an independent businessman and investor, has been elected
to the Board of Directors of Lynch Interactive Corporation.

Lynch Interactive, based in Rye, NY, is a diversified holding company engaged in
telecommunications,  cable  TV and  broadcasting,  personal  communications  and
wireless services.

"Larry has been an interested  investor in Lynch Interactive since its inception
and over the years I have come to appreciate his insights and perspective  about
the company and the  opportunities in telephony.  We are fortunate to be able to
add him to our  Board,"  said Mario J.  Gabelli,  Chairman  and Chief  Executive
Officer of Lynch Interactive.

Mr. Moats is the founder and proprietor of two successful  businesses located in
Palatine,  Illinois -  Arlington  Electrical  Construction,  Inc.,  a  specialty
construction and engineering firm specializing in power and control systems, and
Moats  Office  Properties,  Inc.,  which owns and leases  commercial  office and
retail space and provides property  management  services in the suburban Chicago
area.

In addition,  Mr.  Moats is a director  and  chairman of the audit  committee of
Royal American Bank, and President of the Ritzenthalers  Family  Foundation.  He
has been active in civic and  cultural  affairs,  serving as a trustee of Harper
College in Palatine and of the Northwest Cultural Council.

Mr. Moats also has an MBA from the University of Chicago.

                                  * * * * * * *

Contact: John A. Cole
         Vice President, Corporate Development,
         Secretary and General Counsel
         914-921-8821

Release: 05-01

                 401 Theodore Fremd Avenue, Rye, New York 10580
                     - Tel: 914-921-8821 - Fax: 914-921-6410