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ABC RADIO - ABC Radio includes ABC Radio Network, Inc., its syndicated radio programming network, and 73 owned and operated stations located in leading markets throughout the United States. ABC's radio business is part of ABC, Inc., a subsidiary of the Walt Disney Company.

The ABC Radio Network has approximately 4,600 affiliate stations reaching about 109 million listeners age 12 and over each week. Programs and services include ABC New Radio, Paul Harvey News and Comment, The Sean Hannity Show, The Satellite Sisters, The Tom Joyner Morning Show, and more.

The ABC Radio Network is headquartered in Dallas and New York.

BEASLEY BROADCASTING - Beasley Broadcast Group, Inc. has proudly served listeners and advertisers in large and small communities across America since 1961. Today, with 42 radio stations (26 FM and 16 AM), Beasley Broadcast Group is "On Air" in ten large and mid-sized markets, ranging from Philadelphia, Pennsylvania and Miami, Florida to Augusta, Georgia.

BONNEVILLE BROADCASTING - Bonneville is a dynamic, diversified media company with television, radio, broadcasting, advertising, and satellite operations in some of the top markets across the country. The company is headquartered in Salt Lake City, Utah.

BUCKLEY RADIO - Currently, Buckley Radio owns and operates twenty radio stations in seven markets. In addition, the WOR Radio Network is operated as an independent syndicated programming provider with affiliates in over 400 markets.

CBS RADIO - INFINITY BROADCASTING - CBS radio is one of the largest major-market radio operators in the United States, with stations covering news, alternative rock, country, FM talk, classic rock, oldies, JACK and urban formats, among others. A division of CBS Corporation, CBS RADIO operates 179 radio stations, the majority of which are in the nation's top 50 markets. The overall mix of each radio station's programming is designed to fit the station's specific format and serve its local community.

CLEAR CHANNEL - Clear Channel and its joint venture partners operate more than 240 radio stations in the U.S., Australia, Mexico and New Zealand programming 20 different formats with more than 17 million listeners weekly and a total of more than 2,000 employees.

COX RADIO - Cox Radio is one of the largest radio broadcasting companies in the United States. The Company operates, acquires and develops radio stations primarily in markets ranked 10-70 based on revenues. A majority of the Company's stations are concentrated in the Sunbelt. Cox Radio owns, operates or provides sales and marketing services to 80 stations in 18 markets. This radio portfolio includes 67 FM stations and 13 AM stations. In 15 of its 18 markets, Cox Radio operates three or more stations.

CUMULUS - Cumulus Media Inc. owns and operates FM and AM radio station clusters serving mid-size markets throughout the United States. They are the second largest radio broadcasting company in the United States based on the number of stations owned or operated. According to Arbitron’s Market Report and data published by Miller Kaplan, they have assembled market-leading groups or clusters of radio stations that rank first or second in terms of revenue share or audience share in substantially all of our markets. As of March 31, 2004, they owned and operated 306 radio stations in 61 mid-sized U.S. media markets. In addition, they own and operate a multi-market network of five radio stations in the English-speaking Caribbean.

EMMIS - Emmis (the Hebrew word for “truth”) went public in 1994 and now owns and operates radio stations in the nation's largest markets, including: WRKS-FM (98.7 KISS FM), WQHT-FM (HOT 97) and WQCD-FM (CD 101.9) in New York City; KPWR-FM (Power 106) and KZLA-FM (Country 93.9) in Los Angeles; and WKQX-FM (Q101) and WLUP-FM (The Loop) in Chicago.

Emmis Radio also owns and operates: KKFR-FM in Phoenix; KDHT-FM, KEYI-FM, KGSR-FM. KLBJ-AM, KLBJ-FM, and KROX-FM in Austin; KSHE-FM (KSHE95), KPNT-FM (105.7 The Point), KFTK-FM (Radio 97.1), KIHT-FM (K-Hits 96) and WMLL-FM (104.1 The Mall) in St. Louis; WLHK (97.1 FM), WIBC (1070 AM), WNOU (RadioNow93.1), WYXB (105.7 FM), and Network Indiana in Emmis' hometown of Indianapolis; and WTHI (99.9 FM) and WWVR (105.5 FM) in Terre Haute, IN. The company's international division operates Sláger Rádío, the #1 radio network in Hungary, be one in Belgium, and Radio Expres in Slovakia.

ENTERCOM - Entercom owns and operates a nationwide portfolio of radio stations. They operate multi-station operations with leading positions in virtually all of our markets, which includes many of the country’s top markets. These markets include Boston, Seattle, Denver, Sacramento, Portland, Kansas City, Indianapolis, Milwaukee, New Orleans, Norfolk, Buffalo, Memphis, Providence, Greensboro, Rochester, Greenville/Spartanburg, Madison, Wichita, Wilkes- Barre/Scranton and Gainesville/Ocala .

Entercom’s stations provide many different types of programming from oldies to rock, news/talk to country, smooth jazz to sports. In addition, the Company is the exclusive radio broadcaster of the Boston Red Sox, Boston Celtics, Seattle Seahawks, New Orleans Saints, Buffalo Sabres and numerous major college sports teams.

GREATER MEDIA - Greater Media, founded in 1956 by two Yale classmates, is a privately owned company with corporate headquarters in Braintree, Massachusetts. From the ownership of a single radio station in Southbridge, Massachusetts, Greater Media steadily and quietly built a broad-based combination of successful communications companies, spanning America from coast to coast. By the 1980’s, Greater Media’s business included radio, cable television, printing, publishing, and telecommunications operations. In 1999, the company sold its cable business in order to focus more exclusively on its radio and newspaper operations.

Today, Greater Media is the parent company of 19 AM and FM radio stations in Boston, Detroit, Philadelphia and New Jersey; a modern printing plant and a group of weekly newspapers in central New Jersey; and several telecommunications towers throughout the United States.

JEFFERSON PILOT, NOW LINCOLN FINANCIAL - Lincoln Financial Media is a wholly owned subsidiary of Lincoln National Corporation, an insurance and financial services company. Beginning with its first radio station in 1934, Lincoln Financial Media now boasts 18 radio stations, all in top 50 markets; 3 television stations in major southeastern markets including North Carolina's first TV station; and Lincoln Financial Sports, a TV production company that facilitates the broadcast of Atlantic Coast Conference and Southeastern Conference football and basketball throughout the Southeast.

Lincoln Financial Media is based in Greensboro, NC.

REGENT BROADCASTING - A holding company in the radio broadcasting business. Regent was incorporated in Delaware in November 1996 by William L. Stakelin and Terry S. Jacobs with the objective of acquiring radio properties, primarily in medium and smaller radio markets, that have a history of growing revenues and broadcast cash flow, have capable operating management and are in communities with good growth prospects or have attractive competitive environments. Regent acquired its first radio station in 1997. Pending the close of all announced transactions, Regent will own and operate 64 stations (48 FM and 16 AM) clustered in 13 markets in Colorado, Illinois, Indiana, Kentucky, Louisiana, Michigan, Minnesota, New York, and Texas.

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