Fisher Communications Provides Update on its $10.00 Special Dividend

Fisher Communications, Inc.

, a leader in local media innovation, today issued the following update on the one-time special cash dividend of $10.00 per share approved by the Company's Board of Directors, which was announced on August 27, 2012 (the "Special Dividend"): For special dividends representing 25% or more of the value of the underlying security, NASDAQ's rules require the ex-dividend date to be one business day after the payment date. As the payment date for the Special Dividend is October 19, 2012, NASDAQ has set Monday, October 22, 2012 as the ex-dividend date for the Special Dividend. In addition, the Company understands that trades of the Company's common stock entered into before October 22, 2012 and settled after the September 28, 2012 record date (the "due bill period") will have a due bill attached for the Special Dividend. This means that persons