The following line graph compares the yearly percentage change in the cumulative total shareholder return on our Class A  Common Stock with the cumulative total return of the NASDAQ Composite Index and the cumulative total return of the  NASDAQ Telecommunications Index (an index containing performance data of radio and television broadcast companies and  communication equipment and accessories manufacturers) from December 31, 2005 through December 31, 2010. The  performance graph assumes that an investment of $100 was made in the Class A Common Stock and in each Index on December  31, 2005 and that all dividends were reinvested. Total shareholder return is measured by dividing total dividends (assuming  dividend reinvestment) plus share price change for a period by the share price at the beginning of the measurement period.  Comparative Stock Performance  COMPARISON OF 5 YEAR CUMULATIVE TOTAL RETURN* Among Sinclair Broadcast Group, Inc., the NASDAQ Composite Index and the NASDAQ Telecommunications Index Sinclair Broadcast Group, Inc. NASDAQ Composite NASDAQ Telecommunications *$100 invested on 12/31/05 in stock or index, including reinvestment of dividends. Fiscal year ending December 31. 2010 Annual Report    71  $0 $20 $40 $60 $80 $100 $120 $140 $160 12/05 12/06 12/07 12/08 12/09 12/10 Company/Index/Market  12/31/05 12/31/06 12/31/07 12/31/08 12/31/09 12/31/10  Sinclair Broadcast Group, Inc.  100.00  120.18  99.05  43.67  56.77  121.45  NASDAQ Telecommunications  Index 100.00 131.50 146.22 85.43 118.25 129.78  NASDAQ Composite Index  100.00  111.74  124.67  73.77  107.12  125.93 