``Less is More'' Success Continues on All Fronts.

SAN ANTONIO -- Clear Channel Radio (NYSE:CCU):

--Ratings are Positive; Audiences are Listening More

--Advertisers of All Sizes Are Increasing Utilization of Shorter-Length Spots

--Creative Services Group's Success at Improving Commercial Content Prompts Doubled Financial Commitment From Company

--New Resource for Maximizing Advertising Budget with Shorter Duration Spots Launched at www.betterradio.net

Clear Channel Radio today provided an update on its progress with its "Less is More" initiative.

"Clear Channel Radio stations sound great and are clearly the best environment for listeners and advertisers. The response from both is exceeding our expectations," said John Hogan, President and CEO of Clear Channel Radio. "Early ratings reports show audience share is up and we're meeting with more advertisers, at higher levels, than in the past 20 years. Radio's importance to advertisers is clearly being elevated and that benefits Clear Channel Radio and the industry as a whole."

Specifically details highlighted today include:

--Recently released Arbitron ratings reflect audiences are listening more to Clear Channel Radio stations, in part because of "Less is More." Clear Channel Radio is experiencing in-demo ratings success and audience share gains across the board. For example, the company experienced ratings increases in 64% of the top-50 markets. In addition, Clear Channel Radio's share of listeners 12+ at any given time during the day, or quarter hour share,(1) increased an impressive 5.3% for the top 10 markets. ((1) quarter hour share for Mon.-Sun. 6:00 a.m. to Midnight)

--Clear Channel Radio is continuing to see an increase in the utilization of shorter length commercials by advertisers of all sizes, including major national advertisers such as Verizon, Home Depot and The WB Television Network. Overall, in markets across the country advertisers are utilizing two to five times as many :30s and :15s so far this year compared to last year.

--Clear Channel Radio's Creative Services Group is providing world-class spots for advertisers in markets throughout the country. The Creative Services Group is working closely with major advertisers and agency creative departments to improve the efficacy of radio spots and is providing unprecedented training to thousands of Clear Channel employees and clients.

--Highlighting the early accomplishments of the Creative Services Group, Clear Channel Radio has created a new resource for advertisers on the Internet at www.betterradio.net.

Clear Channel Radio launched the Creative Services Group to improve the quality of the commercials aired on its stations. Working directly with local stations, direct advertisers and advertising agencies, the Creative Services Group is elevating the quality of commercial content, holding regional seminars and working directly with creative directors and other advertising professionals on the benefits of Selling With Sound(TM).

Hogan Added, "We are meeting with creative directors as major advertising campaigns are now being created specifically for radio. Due to the outstanding performance and response to the Creative Services Group, we are doubling our financial commitment to these activities for the current year."

Advertisers can learn more about how shorter duration spots are making radio advertising more effective by visiting www.betterradio.net. The site includes real commercials, examples of conversions of :60 spots to more effective :30 spots, third party endorsements, as well as success stories, research and articles on "Less is More" and the Creative Services Group.

"Betterradio.net is an excellent resource and a must visit site for anyone looking to maximize their advertising budget. The site shows examples of how "Less is More" is driving sales, creating branding opportunities and increasing return on investment. The Creative Services Group's ability to produce or help to produce world class radio creative is truly an advantage for Clear Channel Radio advertisers who use it," concluded Hogan.

About Clear Channel Radio

Clear Channel Radio is a leading radio company focused on serving local communities across the U.S. with more than 110 million listeners choosing Clear Channel Radio programming each week. The company's operations include radio broadcasting, syndication and independent media representation. Clear Channel Radio is a division of Clear Channel Communications, Inc. (NYSE:CCU), a leading global media and entertainment company. More information on the company can be found at www.clearchannel.com.

Certain statements in this release constitute "forward-looking statements" within the meaning of the Private Securities Litigation Reform Act of 1995. Such forward-looking statements involve known and unknown risks, uncertainties and other factors which may cause the actual results performance or achievements of the Company to be materially different from any future results, performance or achievements expressed or implied by such forward-looking statements.