American Radio Systems acquires KSTE-AM, Sacramento, Calif.

BOSTON--(BUSINESS WIRE)--March 27, 1996--American Radio Systems Corp. (NASDAQ:AMRD) announced today that it has signed a purchase and sale agreement to acquire the assets of radio station KSTE-AM, in Rancho Cordova, Calif., from Fullerton-Jeffrey Broadcasting Companies Inc.

The station, which will be acquired for approximately $7,250,000, maintains a signal with full market coverage of the Sacramento area. Consummation of the transaction is subject to the approval of the Federal Communications Commission. American Radio Systems currently has an agreement to purchase KYMX-FM and KCTC-AM in Sacramento.

As part of the transaction, American will be responsible for the management of the station under a local marketing agreement commencing on April 1, 1996. Steve Dodge, chairman and CEO, stated, "KSTE is at an exciting stage of development in a format we really believe in. We look forward to working with the local staff and supporting KSTE's ongoing growth."

Elliot Evers of Media Venture Partners acted as the broker in this transaction.

American Radio Systems Corp. began trading shares publicly in June 1995 on NASDAQ. The company owns and/or manages 15 FM and nine AM stations in Boston, Baltimore, Hartford, Austin, Buffalo, West Palm Beach, Rochester and Dayton. The company also has options and/or agreements to buy additional radio stations in Boston, Philadelphia, Detroit, Portland, Hartford, Buffalo, Las Vegas, West Palm Beach, Rochester, Fresno, Omaha and Dayton.

CONTACT: American Radio Systems Corp.

Joe Winn, Chief Financial Officer or

Bruce Danziger, Director of Investor Relations

617/375-7500