AMFM Names Kathy Stinehour Market Executive Vice President for Chicago.

CHICAGO and DALLAS--(BUSINESS WIRE)--November 2, 1999--

AMFM Inc. (NYSE: AFM) named Kathy Stinehour to the newly created position of Market Executive Vice President for its Chicago station group. Reporting directly to Charles M. Warfield, Jr., Senior Vice President of Regional Operations, Ms. Stinehour will have ultimate responsibility for each AMFM station in the market, the nation's third largest market when ranked by revenue, with a primary emphasis on maximizing the cluster opportunity through top-line growth, ratings performance, expense control and the recruitment of on-air talent and operations personnel. She will also assume interim General Manager responsibilities for WLIT-FM. The appointment is effective immediately.

All previously announced Cluster Vice President positions now carry the title of Market Executive Vice President.

A Chicago radio broadcasting veteran, Ms. Stinehour most recently served as Vice President and General Manager of WTJM-FM `Jammin' 105' in New York, where after helping launch the station in December 1998 she orchestrated a 148% revenue increase and $10.6 million swing in year-to-date broadcast cash flow. Prior to Jammin' 105, she was the General Manager of New York's `Q104.3-FM', which emerged as New York's only classic rock station after a competitive format challenge. Ms. Stinehour's other experience includes General Manager positions with KLOL-FM in Houston and KBEQ-AM/FM in Kansas City, as well as Station Manager experience at KCFX-FM in Kansas City. Her Chicago background includes five years as General Sales Manager of WLUP-AM/FM. Ms. Stinehour's radio broadcasting career began in Detroit in Account Executive positions with Major Market Radio Detroit and WXYZ-AM. A Midwestern native, Ms. Stinehour graduated from Eastern Michigan University.

Commenting on Ms. Stinehour's appointment, Mr. Warfield said, "Throughout her career Kathy has proven herself an able and effective leader, creating a legacy of success and accomplishment at every level and across multiple markets. She has a tremendous grasp of market fundamentals, and, having earned the right to apply those skills to one of our most important clusters, I'm confident she will surpass all expectations for success."

Ms. Stinehour added, "Coming to Chicago is like a homecoming. Having been born, raised and educated in the Midwest, I have special place in my heart for this town. I'm excited to join an incredibly talented group of managers in extending the success they've already generated and can't thank Charles and Jimmy de Castro enough for the opportunity."

In Chicago, AMFM Inc. currently owns WGCI-AM/FM, WVAZ-FM, WNUA-FM, WUBT-FM and WLIT-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 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.