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CBS Corporation to Hold Investor Conference to Discuss CBS Interactive Business

    CBS President and CEO Leslie Moonves, CBS Interactive CEO Quincy Smith
and CBS Interactive President Neil Ashe to Host Presentation and Q&A

    NEW YORK, Sept. 26 /PRNewswire-FirstCall/ -- CBS Corporation (NYSE: CBS
and CBS.A) announced that it will host an investor conference to discuss
the Company's Interactive business on Tuesday, Oct. 7, 2008. The event will
feature Leslie Moonves, President and Chief Executive Officer, CBS
Corporation; Quincy Smith, Chief Executive Officer, CBS Interactive; and
Neil Ashe, President, CBS Interactive.

    CBS Corporation will begin reporting its Interactive business as a
separate segment for the first time in the third quarter. At the
presentation, management will discuss CBS's overall interactive strategy,
the progress of the CNET Networks integration, and how the expanded
Interactive business fits into the Company as a whole.

    The formal presentation will begin at 4:30 PM, ET, followed by a
question-and-answer period. An audio webcast of the session can be accessed
here
(http://phx.corporate-ir.net/phoenix.zhtml?p=irol-eventDetails&c=99462&even
tID=1978483). A replay of the audio webcast will be available in the
Investor Relations/Presentations section of the CBS Corporation Web site.

    About CBS Corporation

    CBS Corporation is a mass media company with constituent parts that
reach back to the beginnings of the broadcast industry, as well as newer
businesses that operate on the leading edge of the media industry. The
Company, through its many and varied operations, combines broad reach with
well-positioned local businesses, all of which provide it with an extensive
distribution network by which it serves audiences and advertisers in all 50
states and key international markets. It has operations in virtually every
field of media and entertainment, including broadcast television (CBS and
The CW - a joint venture between CBS Corporation and Warner Bros.
Entertainment), cable television (Showtime Networks and CBS College Sports
Network), local television (CBS Television Stations), television production
and syndication (CBS Paramount Network Television and CBS Television
Distribution), radio (CBS Radio), advertising on out-of-home media (CBS
Outdoor), publishing (Simon & Schuster), interactive media (CBS
Interactive), music (CBS Records), licensing and merchandising (CBS
Consumer Products), video/DVD (CBS Home Entertainment), in-store media (CBS
Outernet) and motion pictures (CBS Films). For more information, log on to
http://www.cbscorporation.com.



SOURCE CBS Corporation




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    CONTACT:
    Press, Dana McClintock, +1-212-975-1077,
    dlmcclintock@cbs.com, Andrea Prochniak, +1-212-975-0053,
    andrea.prochniak@cbs.com, or Investor Relations, Adam Townsend,
    +1-212-975-5292, adam.townsend@cbs.com, Debra Wichser,
    +1-212-975-3718, debra.wichser@cbs.com