AMFM Names Nancy Leichter Vice President and General Manager Of KKBT-FM 'The Beat' in Los Angeles.

LOS ANGELES and DALLAS--Oct. 20, 1999--AMFM Inc. (NYSE: AFM) named Nancy Leichter, a 25-year radio broadcasting veteran, to the position of Vice President, General Manager of KKBT-FM `The Beat', it was announced today by John V. Madison, Senior Vice President, Regional Operations. Ms. Leichter was elevated to her current position after serving as KKBT's General Sales Manager since November 1994. The appointment is effective immediately.

During her tenure at KKBT, Ms. Leichter helped establish `The Beat' as one of the highest billing stations in the United States, achieving top ten rankings in 1997 and 1998, including a #1 ranking among all Urban-formatted stations in America. Prior to KKBT, Ms. Leichter served as the Director of Sales for KZLA-FM and KLAC-AM in Los Angeles. Her other station and sales management experience includes positions with KQLZ-FM (Pirate Radio), KTWV-FM (The Wave) and KMET-FM, all in Los Angeles. Ms. Leichter earned a bachelor's degree in Journalism from Pennsylvania State University.

Mr. Madison commented, "Nancy's long-term commitment and dedication, combined with her leadership and motivational abilities, make her the most obvious choice for this position. AMFM remains committed to dominating the Los Angeles market with the industry's best programming and top-notch talent, and today's appointment underscores this commitment."

Nancy Leichter added, "To be promoted to Vice President/General Manager of `The Beat', a station for which I have such passion, is just incredible. I have to thank Jimmy de Castro, John Madison and Bob Visotcky for allowing me to grow and giving me the nod."

Upon completion of announced transactions, AMFM will own five FM and two AM stations in Los Angeles including KKBT-FM `The Beat', KCMG-FM `Mega 100', KYSR-FM `Star 98.7', KBIG-FM, KOST-FM, KLAC-AM and KFI-AM.

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.