September 17, 2008

Nexstar Broadcasting Group to Participate in 2008 Deutsche Bank Leveraged Finance Conference on September 24th

Nexstar Broadcasting Group, Inc. (Nasdaq: NXST) announced today that its Chief Financial Officer, Matthew E. Devine, will be making a company presentation at the 2008 Deutsche Bank Leveraged Finance Conference at 10:55 a.m. ET on Wednesday, September 24th, 2008 at The Phoenician Hotel in Scottsdale, Arizona. Mr. Devine will participate in a question and answer session following the presentation and will also meet with institutional investors in one-on-one meetings throughout the day.

About Nexstar Broadcasting Group, Inc.

Nexstar Broadcasting Group currently owns, operates, programs or provides sales and other services to 50 television stations in 29 markets in the states of Illinois, Indiana, Maryland, Missouri, Montana, Texas, Pennsylvania, Louisiana, Arkansas, Alabama and New York. Nexstar's television station group includes affiliates of NBC, CBS, ABC, FOX, MyNetworkTV and The CW and reaches approximately 8.25% of all U.S. television households.