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LYNCH INTERACTIVE
CORPORATION

                                                                   Press Release
                                                           For Immediate Release

                          LYNCH INTERACTIVE CORPORATION
                ANNOUNCES ONE-FOR-ONE HUNDRED REVERSE STOCK SPLIT

RYE,  New York,  November  3, 2005 - Lynch  Interactive  Corporation  (AMEX:LIC)
announced that at a special meeting of its Board of Directors  today,  the Board
approved an amendment to the company's Restated  Certificate of Incorporation to
effect a  one-for-one  hundred  reverse  stock  split.  This  reverse  split was
approved by the  stockholders  at their annual  meeting on October 31, 2005. Its
effect will be to reduce the number of  shareholders of record below 300 so that
the company can delist from the  American  Stock  Exchange  and  deregister  its
shares  under the  Securities  Exchange  Act of 1934,  thus  "going  dark".  The
amendment  is  expected to be  effective  on or about  November  10,  2005.  The
consideration  for holders of less than one hundred  shares of stock is expected
to be the  greater of $29 per share or 120% of the average  closing  prices over
the twenty days on which shares were traded  immediately  prior to the effective
date.


                                * * * * * *

Contact: John A. Cole
         Vice President, Corporate Development,
         General Counsel and Secretary
         914/921-8821

Release: 05-14


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