AMFM Sets Radio Division Organizational Plan.

DALLAS & CHICAGO--(BUSINESS WIRE)--Dec. 16, 1999--

- John Fullam Named Eastern Region Executive Vice President -

- David Lebow Named Western Region Executive Vice President -

- Thomas Garry Named Regional Executive Vice President -

AMFM Inc. (NYSE: AFM) made several radio division organizational appointments related to its market strategy, it was jointly announced today by James E. de Castro, AMFM's Vice-Chairman and President and Chief Executive Officer of the Company's Radio Group, and Ken O'Keefe, Chief Operating Officer of AMFM Radio.

The appointments below reflect the ongoing implementation of the Company's market strategy which has been created and instituted over the last six months:

-- John Fullam has been named Eastern Region Executive Vice President with responsibility for the Company's radio stations in the New York/Long Island, Boston, Philadelphia, Washington, D.C., Detroit, Dallas and Houston markets. Market Executive Vice Presidents in these markets will report to Mr. Fullam. Prior to the adoption of the market strategy Mr. Fullam served as the Senior Vice President, Regional Operations, overseeing AMFM station operations in New York, Long Island, Detroit and Washington, D.C. He will be supported by Andrew Rosen, the Eastern Regional Sales Vice President.

-- David Lebow has been named Western Region Executive Vice President with responsibility for the Company's radio stations in the Los Angeles/Riverside, Chicago, San Francisco, Sacramento, Phoenix and Denver markets. Market Executive Vice Presidents in these markets will report to Mr. Lebow, and he will retain his title and responsibilities as Chief Operating Officer of the Company's Office of Product and Strategy. He will be supported by Erik Hellum, the Western Regional Sales Vice President.

-- Thomas Garry has been named Regional Executive Vice President and Regional Sales Vice President with responsibility for the Company's radio stations in the Minneapolis, Orlando, Cleveland, Pittsburgh and Cincinnati markets. Mr. Garry was most recently Vice President, Regional Sales with responsibility for Minneapolis, Dallas, Houston, Orlando, Cincinnati, and Pittsburgh.

-- Matt Hanlon has been named Vice President of National Sales for AMFM. Prior to this position Mr. Hanlon was Director of National Sales for Minneapolis, Orlando, Pittsburgh, Cincinnati, Dallas and Houston.

-- In addition, the following AMFM executives will continue in their current roles: John Coulter, Senior Vice President of Sales; Kami Doyle, Vice President of Finance; Beverly Tilden, Senior Vice President of Marketing; Jim Shea, President of Atlantic Star and Central Star markets; Jim Donohoe, President of Gulf Pac and San Diego markets; John King, President of the Sea Star markets; David Kantor, President of AMFM Radio Networks; Alison Glander, President of Chancellor Marketing Group; Gerry Tabio, Senior Vice President of AMFM and President of its Creative Resources Group; and Gary Lee, Vice President of New Media.

-- AMFM's Office of Product and Strategy also remains unchanged. This team includes David Lebow (see above); and, Steve Rivers, Chief Programming Officer.

Mr. de Castro commented, "AMFM continues to realign and restructure its senior management team to support the market strategy which has been developing over the past six months. We have put into place the right framework and the right people to continue generating industry-leading ratings and financial performance."

Ken O'Keefe, Chief Operating Officer of AMFM Radio added, "AMFM has focused on building a deep, broad management team in the areas of operations, sales, programming, marketing and development. We now have a national organizational structure which will support the further growth of the AMFM stations and these executives."

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.