The Liberty Corporation

UNITED STATES
SECURITIES AND EXCHANGE COMMISSION

Washington, D. C. 20549

FORM 10-K/A
(Amendment No. 1)

     
(Mark One)
x
  ANNUAL REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934
   For the fiscal year ended December 31, 2004
 
    
o
  TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934
   For the transition period from                      to                     

Commission File Number 1-5846

THE LIBERTY CORPORATION

(Exact name of Registrant as specified in its charter)
         
South Carolina       57-0507055
      
(State or other jurisdiction of       (I.R.S. Employer
incorporation or organization)       Identification No.)
     
Post Office Box 502, 135 South Main Street, Greenville, S. C. 29602
(Address of principal executive offices)   (Zip Code)

Registrant’s telephone number, including area code (864) 241-5400

Securities registered pursuant to Section 12(b) of the Act:

     
    Name of Each Exchange
Title of Each Class   on Which Registered
Common Stock, no par value per share
  New York Stock Exchange
Rights to Purchase Series A Participating Cumulative Preferred Stock
  New York Stock Exchange

          Indicate by check mark whether the Registrant (1) has filed all reports required to be filed by Section 13 or 15(d) of the Securities Exchange Act of 1934 during the preceding 12 months (or for such shorter period that the Registrant was required to file such reports), and (2) has been subject to the filing requirements for the past 90 days. Yes x No o

     Indicate by check mark if disclosure of delinquent filers pursuant to Item 405 of Regulation S-K is not contained herein and will not be contained, to the best of Registrant’s knowledge, in definitive proxy or information statements incorporated by reference in Part III of this Form 10-K or any amendment to this Form 10-K. x

Indicate by check mark whether the registrant is an accelerated filer (as defined in Rule 12b-2 of the Act). Yes x No o

     The aggregate market value of the voting stock held by non-affiliates of the Registrant as of June 30, 2004:

Common Stock, No Par Value   $881,276,383

          The number of shares outstanding of each of Registrant’s classes of common stock as of February 15, 2005:

Common Stock, No Par Value       18,477,855

DOCUMENTS INCORPORATED BY REFERENCE

     Portions of The Liberty Corporation Proxy Statement for the Annual Meeting of Shareholders on May 3, 2005 are incorporated into Part III, Items 10, 11, 12, 13, and 14 by reference.

This report is comprised of pages 1 through 7. The exhibit index is on page 4.

Explanatory Note:

The Liberty Corporation (the “Company”) is filing this Amendment to the Annual Report on Form 10-K filed March 4, 2005 (the “Original Form 10-K”) to replace Exhibit 23 (Consent of Independent Registered Public Accounting Firm) with the amended version submitted herewith. The original Exhibit 23 omitted Ernst & Young LLP's consent to the incorporation by reference into certain of the Company's SEC filings of Ernst and Young LLP's report dated March 2, 2005 with respect to Company management's assessment of the effectiveness of internal control over financial reporting and the effectiveness of the Company's internal control over financial reporting.

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SIGNATURES

     Pursuant to the requirements of Section 13 or 15(d) of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized, as of the 17th day of March, 2005.

                 
THE LIBERTY CORPORATION       By:   /s/ Hayne Hipp
             
Registrant           Hayne Hipp
               Chief Executive Officer

     Pursuant to the requirements of the Securities Exchange Act of 1934, this report has been signed below by the following persons on behalf of the registrant and in the capacities indicated, as of the 17th day of March, 2005.

                 
By:
  /s/ Howard L. Schrott       *By:   /s/ Frank E. Melton
                
   Howard L. Schrott           Frank E. Melton
   Chief Financial Officer           Director
 
                
*By:
  /s/ Edward E. Crutchfield       *By:   /s/ John H. Mullin III
                
   Edward E. Crutchfield           John H. Mullin III
   Director           Director
 
                
*By:
  /s/ John R. Farmer       *By:   /s/ J. Thurston Roach
                
   John R. Farmer           J. Thurston Roach
   Director           Director
 
                
By:
  /s/ Hayne Hipp       *By:   /s/ Eugene E. Stone, IV
                
   Hayne Hipp           Eugene E. Stone, IV
   Director           Director
 
                
*By:
  /s/ William O. McCoy       *By:   /s/ William B. Timmerman
                
   William O. McCoy           William B. Timmerman
   Director           Director
 
                
           *By:   /s/ Martha G. Williams
                
               *Martha G. Williams,
               as Special Attorney in Fact

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Annual Report on Form 10-K
The Liberty Corporation
December 31, 2004

Index to Exhibits

             
        Page
    EXHIBITS   Number
 
            
23  
 Consent of Independent Registered Public Accounting Firm
  5
 
            
31  
 Rule 13a-14(a)/15d-14(a) Certifications
  6-7

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