CBS CORPORATION TO REPORT FOURTH QUARTER AND FULL YEAR 2011 RESULTS ON WEDNESDAY, FEBRUARY 15

CBS Corporation (NYSE: CBS.A and CBS) announced today that it will report results for the fourth quarter and full year of 2011 on Wednesday, Feb. 15, 2012. The Company will conduct a teleconference call at 4:30 PM, ET, following the release of its earnings announcement. The call is open to the general public.

The domestic conference call number is (888) 515-2880; please call at least five minutes in advance to ensure that you are connected prior to the presentation. The international dial-in number is (719) 325-2133.

A live audio WEBCAST of the call will be available beginning at 4:30 PM, ET, on Feb. 15. Please make sure you have the appropriate software (Windows Media Player or RealPlayer) at least 15 minutes prior to the call. The downloads will be available on CBS's corporate Web site.

A replay of the call will be available on Feb. 15 at (800) 839-4276. The international replay number is (402) 220-1735. The audio WEBCAST replay will be available beginning at 8:00 PM, ET, on Feb. 15 in the of CBS's corporate 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, Smithsonian Networks and CBS Sports Network), local television (CBS Television Stations), television production and syndication (CBS Television Studios, CBS Studios International and CBS Television Distribution), radio (CBS Radio), advertising on out-of-home media (CBS Outdoor), publishing (Simon & Schuster), interactive media (CBS Interactive), licensing and merchandising (CBS Consumer Products), video/DVD (CBS Home Entertainment), motion pictures (CBS Films) and sustainable media (EcoMedia)..

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