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LYNCH INTERACTIVE
CORPORATION

                                                                   Press Release
                                                           For Immediate Release

                          LYNCH INTERACTIVE CORPORATION
                     ANNOUNCES TRADING IN LYNCH SHARES TO BE
                             SUSPENDED ON AMEX AFTER
                 REVERSE STOCK SPLIT, WILL TRADE IN PINK SHEETS

RYE, New York, November 7, 2005 - Lynch Interactive Corporation (AMEX:LIC) today
announced  that, in keeping with its policies,  the American Stock Exchange (the
"AMEX")expects  to  suspend  trading  in  Lynch  Interactive's  shares  upon the
effectiveness  of its  one-for-one  hundred  reverse  stock  split on  Thursday,
November 10, 2005.  The reverse  stock split is the first step in the  Company's
plan to  voluntarily  delist from the AMEX and  deregister  its shares under the
Securities  Exchange Act of 1934. The company also confirmed that it had been in
touch with Pink Sheets(R) LLC (website: www.pinksheets.com), which publishes the
well known on-line stock quotation service,  and understands that its stock will
be traded on the Pink Sheets(R) following the suspension.

The company reiterated that stockholders  holding less than 100 pre-split shares
would  be  cashed  out  as  described  in  its  earlier  public   announcements.
Transmittal letters and instructions for surrendering share certificates will be
mailed by the company's transfer agent beginning shortly after the effectiveness
of the reverse split.


                                   * * * * * *

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

Release: 05-15