AMFM Names Jhani Kaye Director of Adult Contemporary Programming for Los Angeles.

LOS ANGELES--(BUSINESS WIRE)--November 22, 1999--

17-year Los Angeles Programming Veteran to Oversee A/C Sound

for Los Angeles

AMFM Inc. (NYSE: AFM) today elevated Jhani Kaye to Director of Adult Contemporary Programming for Los Angeles and as Program Director for KBIG-FM, it was jointly announced by Ed Krampf, Vice President and General Manager of KBIG-FM, and Ken Christensen, Vice President and General Manager of KOST-FM. In August, AMFM agreed to acquire KOST in a station swap with Cox Radio, Inc. (NYSE: CXR) and currently operates it under a Local Marketing Agreement. The appointment is effective immediately.

Mr. Kaye, a 30 plus year radio programming veteran, joined AMFM earlier this year as programming consultant for AMFM's KBIG-FM. A fixture in Los Angeles radio, Jhani served for 17 years as Program Director for KOST-FM, where the station was Los Angeles' No.1 Arbitron-rated adult contemporary radio station for 67 continuous rating periods. Mr. Kaye's other radio station programming experience includes positions with KFI-AM in Los Angeles, WCFL-AM in Chicago and KINT-FM/AM in El Paso. Mr. Kaye's on-air experience includes positions with KKDJ-FM (now KIIS-FM), KUTE-FM, KROQ-FM and KGBS-FM/AM (now KTNQ-AM and KLSX-FM) in Los Angeles.

Ed Krampf commented, "Jhani knows K-BIG inside and out. His long standing history of success in the Los Angeles market made him the quintessential candidate to capitalize on K-BIG's current momentum and to expand our appeal in this market."

Ken Christensen added, "Jhani has proven that he knows how to get ratings and I am excited to be able to have him be a part of our station as a consultant."

Mr. Kaye concluded, "To oversee the programming of AMFM's Adult Contemporary stations in Los Angeles is a great opportunity, and I look forward to working with AMFM's top-notch team of programmers. AMFM's has assembled tremendous station properties in Los Angeles, and by using my knowledge of the adult contemporary format and combining it with my understanding of the LA listeners, I am confident I can build on the success of these stations."

In addition to KBIG-FM and KOST-FM, AMFM Inc. also owns or operates KCMG-FM "Mega 100", KKBT-FM "The Beat", KYSR-FM "Star 98.7", KLAC-AM and KFI-AM in Los Angeles.

About AMFM Inc.

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.