Nexstar Announces 8M Share Secondary Offering

Nexstar Broadcasting Group, Inc.

(the “Company”) today announced that selling stockholders, funds affiliated with ABRY Partners, LLC, intend to offer for sale in an underwritten offering 8.0 million shares of Class A common stock of the Company. In addition, the selling stockholders have granted the underwriters a 30-day option to purchase up to an additional 1.2 million shares of Class A common stock on the same terms and conditions. Credit Suisse Securities (USA) LLC, Wells Fargo Securities, LLC and UBS Securities LLC are the joint book-running managers of the offering. RBC Capital Markets, LLC and Evercore Group L.L.C. are acting as co-managers of the offering.