Attorney Thomas J.pax.

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Judge Ponsor scheduled sentencing for May 31, 2006.

Paxson Communications to Present at JPMorgan Annual High Yield Conference 2005

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PAX TV reaches 87% of U.

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Northampton Man Convicted of Possession of Child Pornography Reports U.S. Attorney

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S.----Paxson
Communications Corporation (AMEX:PAX ) today announced its
participation in the JPMorgan Annual High Yield Conference 2005 being
held January 31 - February 2, 2005 at the Loews Miami Beach Hotel in
Miami Beach, Florida.

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DIPPOLT 'S involvement in child pornography initially
was uncovered by an FBI special agent working in Tennessee who infiltrated an
Internet group involved in the sharing of child pornography." Returning series include PAX's
top-rated dramas, "Doc" and "Sue Thomas: F.

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District Judge Michael A. The case then
was referred to the FBI in Springfield for further investigation. EST on Wednesday, February 2, 2005.tv

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television households via
nationwide broadcast television, cable and satellite distribution
systems." For more
information, visit PAX TV's website at http://www.

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Eye.

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, A Northampton man was
convicted yesterday in federal court of possession of child pornography. Sullivan and Kenneth Kaiser, Special
Agent in Charge of the Federal Bureau of Investigation in New England,
announced today that PHILIP DIPPOLT, age 63, of Northampton, pleaded guilty
before U.

Business Editors
JPMorgan Annual High Yield Conference 2005

WEST PALM BEACH, Fla.S. PAX TV's original programming slate for the 2004-2005
broadcast season features the critically acclaimed unscripted series,
"Cold Turkey"; a new scripted drama, "Young Blades"; two entertaining
variety programs, "America's Most Talented Kids" and "World Cup
Comedy," executive produced by Kelsey Grammer; and two fast-paced game
shows, "On the Cover" and "Balderdash.

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The case was investigated by the FBI. It is being prosecuted by Assistant
U., of Sullivan's Springfield Unit.

This category is for sites containing electronic texts of original, unpublished works for dramatic presentation.

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O'Connor, Jr. Richard Garcia , Senior Vice President and Chief
Financial Officer, and Seth Grossman, Executive Vice President and
Chief Strategic Officer, are scheduled to present at the conference
from 10:40 A. - 11:20 A. At
the time of the presentation, the Company will post a formal slide
presentation on the Company 's website located at
http://www.

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United States Attorney Michael J.

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Ponsor to one count of possession of
child pornography.
At today's plea hearing, the prosecutor told the Court that had the case
proceeded to trial the Government's evidence would have proven that a search
warrant executed at DIPPOLT'S Northampton home in October, 2004, resulted in
the seizure of a computer, 65 CDs and 45 diskettes containing image and movie
files of child pornography, some of which involved infants and toddlers, child
bondage and bestiality.M.

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tv/investors

About PAX TV

Paxson Communications Corporation owns and operates the nation's
largest broadcast television distribution system and the PAX TV
network.

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SPRINGFIELD, Mass. DIPPOLT faces up to 10
years' imprisonment , to be followed by 3 years of supervised release, and a
$250,000 fine.pax.