CIBL's Board Declares Special Cash Dividend Of $40.00 Per Share

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CIBL, Inc. (“CIBL” or the “Company”) announced today that its Board of Directors declared a special dividend of $40.00 per share of its Common Stock, payable on December 7, 2009 to shareholders of record on November 27, 2009.

CIBL, Inc. (“CIBL” or the “Company”) announced today that its Board of Directors declared a special dividend of $40.00 per share of its Common Stock, payable on December 7, 2009 to shareholders of record on November 27, 2009.

This release contains certain forward-looking information within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended, including without limitation anticipated financing and corporate transactions. It should be recognized that such information is based upon certain assumptions, projections and forecasts, including without limitation business conditions and financial markets, regulatory and other approvals, and the cautionary statements set forth in documents filed by CIBL on its website, http://www.ciblinc.com. As a result, there can be no assurance that any possible transactions will be accomplished or be successful or that financial targets will be met, and such information is subject to uncertainties, risks and inaccuracies, which could be material.

CIBL is a holding company with subsidiaries in wireless and cable communications and television broadcasting. CIBL is listed on the Pink Sheets® under the symbol CIBY.PK.

CIBL’s telephone number is (775) 664-3700.

Contact: Robert E. Dolan
Interim Chief Executive Officer
(775) 664-3700

Release 09-02

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Robert E. Dolan
CIBL Inc
(775)-664-3700
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