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                                                                   EXHIBIT 4.14




                   FIRST AMENDMENT TO MASTER TRUST AGREEMENT
                                 by and between
                             A. H. BELO CORPORATION
                                      and
                               MELLON BANK, N.A.


         THIS FIRST AMENDMENT TO MASTER TRUST AGREEMENT is made and entered
into this 3rd day of March, 1995, effective March 3, 1995
(this "Amendment"), by and between A. H. BELO CORPORATION (hereinafter referred
to as the "Corporation") and MELLON BANK, N. A. (hereinafter referred to as the
"Master Trustee").

                              W I T N E S S E T H:


         WHEREAS, the Corporation and the Master Trustee made and entered into
a Master Trust Agreement (the "Agreement") on December 22, 1992, effective as
of July 1, 1992; and

         WHEREAS, the Corporation and the Master Trustee desire to amend the
Agreement in certain ways;

         NOW, THEREFORE, the parties hereto, intending to be legally bound, do
hereby amend the Agreement as follows:

         1.      The representations and definitions set forth above are
                 incorporated herein by this reference thereto.

         2.      The following text shall be added as new Section 1.3:

                          "1.3  Notwithstanding anything else in this Agreement
                          to the contrary:  (1) the Master Trustee is not a
                          party to, and has not duties or responsibilities
                          under, the Plans;  (2) the Administrator shall be
                          required to certify n writing to the Master Trustee
                          the identity of any fiduciary which is named in the
                          Plan and which has the power to manage and control
                          Plan assets, and the Master Trustee shall be entitled
                          to rely upon such certification until notified
                          otherwise
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                          in writing by the Administrator:  (3) in any and all
                          cases where the Master Trustee is required by this
                          Agreement to act with reference to Plan terms, the
                          Administrator shall have the responsibility to
                          certify the relevant provisions to the Master Trustee
                          in writing, and the Master Trustee shall be entitled
                          to rely upon such certification until notified
                          otherwise in writing by the Administration:  (4)
                          absent written certification to the Master Trustee
                          pursuant to this paragraph, the Master Trustee shall
                          be chargeable with no knowledge of any Plan terms and
                          shall be deemed to be in compliance with the Plans;
                          and (5) in any case in which a provision of this
                          Agreement conflicts with any provision in the Plans,
                          this Agreement shall control.  Notwithstanding the
                          preceding sentence, the Master Trustee reserves the
                          right to see, a judicial and/or administrative
                          determination as to its proper course of action under
                          this Agreement."

         3.      Except as set forth herein, the Agreement is hereby ratified
                 and confirmed and remains in full force and effect.


         IN WITNESS WHEREOF, the parties hereto, each intending to be legally
bound hereby, have executed this First Amendment to Master Trust Agreement as
of the day and year first above written.

                                     A. H. BELO CORPORATION

                                     By  /s/Vicky C. Teherani              
                                         --------------------------------------
                                     Name:   Vicky C. Teherani
                                     Title:  Vice President & Treasurer

                                     MELLON BANK, N.A.

                                     By  /s/Robert Sass 
                                         --------------------------------------
                                     Name:   Robert Sass
                                     Title   Vice President





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