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CBS Corporation Announces Quarterly Dividend

    NEW YORK, Nov. 1 /PRNewswire-FirstCall/ -- CBS Corporation (NYSE: CBS
and CBS.A) today announced that its Board of Directors has approved a
quarterly dividend on the Company's common stock of $.25 per share. The
dividend is payable on January 1, 2008 to shareholders of record as of
November 30, 2007.
    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 and CSTV Networks), 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) and video/DVD
(CBS Home Entertainment). For more information, log on to
http://www.cbscorporation.com.


SOURCE CBS Corporation




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Related links:
  • http://www.cbscorporation.com/
    CONTACT:
    Press Contact: Dana McClintock,
    +1-212-975-1077, dlmcclintock@cbs.com, or Investor Relations
    Contact: Debra Wichser, +1-212-975-3718, debra.wichser@cbs.com,
    both for CBS Corporation