AMFM Unveils Radio Management Team in Chicago - Nation's Third Largest Market.

Business/Entertainment Editors

CHICAGO--(BUSINESS WIRE)--July 17, 2000

AMFM Inc. (NYSE: AFM) today announced several significant management appointments for AMFM's six-station cluster in Chicago, the nation's third largest market when ranked by revenue. The appointments are effective immediately.

Reporting to Kathy Stinehour, Market Executive Vice President for Chicago, Erik Hellum will add Senior Vice President of Sales duties to his current role as Regional Sales Vice President - Western Region. In his new capacity, Mr. Hellum will oversee all revenue efforts and sales initiatives for the Chicago station group. Cheryl Esken, a 20-year radio industry veteran, was named Senior Vice President, Market Development. Reporting directly to Kathy Stinehour, Ms. Esken will execute platform sales initiatives and develop a strategic account management campaign. Additionally, Jean McGinnis, formerly Local Sales Manager at WLIT-FM in Chicago, was elevated to Director of Group Sales for the Chicago station group and will report directly to Cheryl Esken.

Marv Dyson, currently Vice President and General Manager of WGCI-FM/AM, will take on additional General Manager responsibilities at WVAZ-FM. Terry Hardin, currently Vice President and General Manager of WLIT, will add General Manager duties at WNUA-FM. Don Moore, who most recently served as General Manager of WVAZ and Ralph Sherman, who most recently served as General Manager of WNUA are pursuing other opportunities within AMFM/Clear Channel and throughout the radio broadcasting industry.

Carmen Lewis, formerly Business Manager at WGCI, was elevated to Market Controller for the Chicago station group. In her new role, Ms. Lewis will oversee the business office at each of the six radio stations. Greg Davis was named Chief Engineer for the Chicago market. Mr. Davis most recently served as Chief Engineer for AMFM's WUBT-FM in Chicago. Sharon Williams, most recently Research Director at WLIT, has been named Market Research Director. Additionally, Kirby Kaden, most recently General Sales Manager at WVAZ, will be segueing over to the Internet arm of Clear Channel to lead the development of platform based revenue streams.

David Lebow, AMFM's Western Region Vice President, commented, "Today's announcement reflects AMFM Chicago's vast resources of talented station executives eager to accept new challenges and responsibilities, as each of these managers come from within the AMFM organization."

Kathy Stinehour continued, "As part of our market strategy Chicago radio's legendary Urban-formatted rivals, WGCI-FM/AM and WVAZ, will be headed up by 32-year industry veteran Marv Dyson. WLIT and WNUA, both adult oriented stations, will be led by the 15-year radio industry veteran Terry Hardin. Marv and Terry, in conjunction with each of the essential market positions announced today, once again reflect AMFM's ability to leverage top-notch industry talent to deliver the best programming for our listeners and most attractive advertising medium for our clients."

Marv Dyson said, "I am excited about working with the WGCI-FM/AM and WVAZ combo, the best is yet to come."

Terry Hardin remarked, "I look forward to adding WNUA to my current responsibilities at WLIT, this is a great time for AMFM's Chicago station group."

In Chicago, AMFM Inc. owns WGCI-FM, WVAZ-FM, WNUA-FM, WUBT-FM, WLIT-FM and WGCI-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, Broadcast Architecture, Inc. and the AMFM New Media Group, including Katz Media and AMFM's Internet operations. Reflecting announced transactions, excluding the divestiture of approximately 65 stations in connection with the merger with Clear Channel, AMFM Radio Group consists of approximately 440 stations in close to 100 markets. 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. Broadcast Architecture is a wholly-owned subsidiary of AMFM and provides research, consulting and programming services domestically and internationally. 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.