May 7, 2004

FOR IMMEDIATE RELEASE

Contact: Suzanne Ernst (702) 889-8426

Regents Name Rogers Interim Chancellor

LAS VEGAS – The Board of Regents today appointed Jim Rogers interim chancellor for University and Community College System of Nevada.

Rogers, a community business leader and nationally recognized philanthropist, began his service immediately after the appointment.

“This is new, exciting territory for us,” said Dr. Stavros Anthony, Board chair. “We’re looking forward to working with Jim Rogers as our interim chancellor in the months ahead.”

According to the contract signed by Anthony and Rogers, he will serve at the pleasure of the Board of Regents and the appointment can be terminated without cause at any time with 30 days written notice. Rogers will earn an annual salary of $8,060.04, the minimum annual salary for executive employees as required by federal law.

Rogers has waived the use of a host account and all perquisites including housing and automobile allowances.

A national search for a chancellor is being planned, but a timeline for that process has yet to be announced, according to Anthony.

Rogers is a 1956 graduate of Las Vegas High School. He has degrees in accounting (B.S.) and law (LL.B.) from the University of Arizona and a Master of Laws (LL.M.) from the University of Southern California. He was a teaching fellow in the law school of the University of Illinois in 1963 and 1964. In 1998 he was awarded a Doctor of Laws (LL.D.) from the University of Arizona. Rogers holds honorary doctorates from University of Arizona, Idaho State University, Kentucky Wesleyan, Carroll College and University of Nevada Las Vegas. He is also a member of the State Bar Associations of Nevada, Arizona and California.

He was the founder of Valley Broadcasting Company in 1971 when the company made application to the Federal Communications Commission for its broadcast license and has served as the company's chief executive officer since 1979 when KVBC-TV, the NBC affiliate in Las Vegas, went on the air. Rogers owns 98% of the stock of Sunbelt Communications Company, which owns and operates the NBC affiliate television stations in Las Vegas, Reno, Winnemucca and Elko, Nevada; Yuma, Arizona-El Centro, California; Helena, Montana; Pocatello-Idaho Falls, Idaho; and Jackson, Wyoming; and the Fox affiliate in Twin Falls, Idaho.

Rogers was in active law practice in Las Vegas from 1964 through 1988, at which time he ceased practicing to devote 100% of his time to the development of the television and radio stations of Sunbelt.

Rogers became a member of the Board of Directors of Nevada National Bank in 1981 (the third largest bank in Nevada), served as a member of the bank's Loan Committee for ten years and was chairman of the board from 1985 to 1987. He was involved in the purchase of Nevada National Bank by Security Pacific Bank of California in 1989, and served on the board of directors of Security Pacific Bank, Nevada until it was purchased by Bank of America. He was a founder and served on the board of directors of Community Bank of Nevada, and was chairman of its Loan Committee until he left that bank to form Nevada First Bank in 1998. He is a founder and presently serves as the chairman of the board of Nevada First Bank.

An active supporter of education, he and his wife, Beverly, have made substantial financial contributions to various colleges and universities. Their gift of $115 million to the University of Arizona College of Law is the largest gift to the University of Arizona and the largest gift to any American law school. In November 1998, the Arizona Board of Regents renamed the University of Arizona college of Law The James E. Rogers College of Law. Most recently, Rogers was listed as one of the top twelve philanthropists in the Nation by Time Magazine.

Active in all the communities in which Sunbelt has television stations, Rogers serves as a member of the Dean’s Advisory Council of the University of Nevada, Engineering College in Reno, Nevada (to which he has given or pledged $750,000); is a member of the Dean’s Council of the UNLV College of Law in Las Vegas (to which he has given or pledged $28,500,000); and is a member and President-Elect of the Idaho State University Foundation in Pocatello, Idaho (to which he has given or pledged $20 million. Sunbelt has constructed a building on the campus of Great Basin Community College in Elko, Nevada at a cost to Sunbelt of approximately $1.25 million. This building houses an NBC station and a classroom for teaching communications.

The Nevada Board of Regents is the elected, 13-member governing body for the University and Community College System of Nevada. Comprising two doctoral granting universities, a state college, four comprehensive community colleges and one environmental research institute, the UCCSN serves the educational and job training needs of the nation's fastest growing state. As Nevada's only system of higher education, the UCCSN provides educational opportunities to nearly 98,000 students.