AMFM Names George Laughlin Senior Vice President of Sales for Dallas; Doug Abernethy Named Director of Sales for Dallas Station Group.

Business Editors

DALLAS--(BUSINESS WIRE)--Jan. 6, 2000

AMFM Inc. (NYSE: AFM) elevated George Laughlin, formerly the Director of Sales for the Company's Dallas station group, to the newly created position of Senior Vice President of Sales, it was announced today by Brian Ongaro, AMFM's Market Executive Vice President for Dallas. Doug Abernethy, currently General Sales Manager for KZPS-FM and KDGE-FM was named his replacement. Both appointments are effective immediately.

Reporting directly to Mr. Ongaro and working closely with the market's Director of Sales, individual station General Sales Managers and the Chancellor Marketing Group, Mr. Laughlin will direct the cluster's overall sales strategy, overseeing all aspects of inventory control, key client relationships and sales personnel recruitment and development.

For the past year, Mr. Laughlin has been the Director of Sales for AMFM's Dallas station group. During the seven years prior, he held several positions at AMFM's KHKS-FM in Dallas, most recently as General Sales Manager, and for the last three of these seven years he also served as General Sales Manager for KBFB-FM also in Dallas. Mr. Laughlin's other radio broadcasting experience includes positions with WJBO-AM and WFMF-FM in Baton Rouge. Mr. Laughlin earned a bachelor's degree in Advertising and Marketing from Louisiana State University.

Mr. Abernethy joined AMFM in 1998 as General Sales Manager of KZPS-FM and KDGE-FM in Dallas. Prior to joining AMFM, Mr. Abernethy served as Corporate Sales Coordinator for Radio One in Washington D.C. where he directed the sales effort for the Company's 13 stations in five markets. From 1995 through 1996, Mr. Abernethy served as General Manager for KONO-AM/FM in San Antonio. His other sales experience includes positions with WDSY-FM, WXRB-FM and WEEP-AM in Pittsburgh, WHFS-FM in Washington D.C. and WFLA-AM and WFLZ-FM in Tampa. Mr. Abernethy earned a bachelor's degree in Marketing from Indiana University of Pennsylvania.

Mr. Ongaro commented, "George has done a tremendous job directing AMFM's Dallas sales efforts while building an outstanding reputation with the our advertisers, listeners and community at large. Doug is one of our best sales leaders and has already proven his ability to generate group revenue in Dallas. I am confident that with George's expanded role and Doug's ability to 'step-up' as our new Director of Sales, we have the perfect combination to extend our already stellar sales performance."

Mr. Laughlin remarked, "I want to thank Brian for this incredible opportunity and also congratulate Doug on his new position. I look forward to working with Doug to bring our sales effort to the next level of excellence."

Mr. Abernethy said, "I look forward to becoming a part of the new market strategy that AMFM has initiated and am confident we will exceed the expectations that comes with this new challenge."

In Dallas, AMFM owns or operates KHKS-FM, KZPS-FM, KDGE-FM, KSKY-AM, KTXQ-FM and KFBF-FM.

AMFM Inc., the nation's largest radio broadcasting entity, consists of the AMFM Radio Group, including the AMFM Radio Networks and the Chancellor Marketing Group, and the AMFM New Media Group, including Katz Media and AMFM's Internet operations.

Reflecting announced transactions, AMFM Radio Group, with over 440 stations in 100 markets, reaches a weekly listener base of approximately 64 million people. The AMFM Radio Networks offers syndicated programming nationwide. Chancellor Marketing Group is a full-service sales promotion firm developing integrated marketing programs for Fortune 1000 companies. AMFM's Katz Media is the only full-service media representation firm in the United States serving multiple types of electronic media. AMFM's Internet operations focus on developing AMFM's e-commerce web sites, streaming online broadcasts of AMFM's on-air programming and other media, and promoting emerging Internet and new media concerns.