Big City Radio Adds Third Chicago Station to Complete Its "92 KISS-FM" Trimulcast.

NEW YORK--(BUSINESS WIRE)--February 26, 1999--Big City Radio, Inc. (YFM:Amex) announced today it has completed the acquisition of WDEK-FM and WLBK-AM, both licensed to DeKalb, IL. Both stations were purchased for an undisclosed sum from DeKalb Radio Studios, Inc.

WDEK-FM, which is a Class B station that broadcasts at 92.5 FM, will join WKIE-FM and WKIF-FM, as a part of Big City Radio's Chicago Metro area Contemporary Hit Radio Trimulcast "92 KISS-FM". Sister station WLBK-AM (1360) will continue airing its current brokered block programming.

"KISS-FM debuted less than four months ago and while it has already begun to generate ratings momentum, the addition of WDEK completes the KISS-FM Trimulcast and solidifies its coverage of the Chicago Metro," said Michael Kakoyiannis, President and CEO of Big City Radio. "With the implementation of our synchronized engineering technology and the Company's commitment to programming and marketing excellence, KISS-FM will now compete even more effectively for ratings and revenue in the third largest radio market in America."

Big City Radio is currently operating its STMC (Synchronized Total Market Coverage) strategy on four Company-owned radio stations in the New York metro area, three in the Los Angeles metro area, and five in the Chicago metro area. In addition to the newly acquired stations, the Company's properties include New York's WYNY-FM, WWVY-FM, WWYY-FM, and WWZY-FM, all Quadrocasting on 107.1 FM to form "New Country Y-107"; Los Angeles' KLYY-FM, KSYY-FM and KVYY-FM, all Trimulcasting on 107.1 FM to form "Southern California's Modern Rock Y-107", and Chicago's WXXY-FM and WYXX-FM, simulcasting on 103.1 FM to form "FM103.1, Chicago - Heart and Soul" and WKIE-FM and WKIF-FM, simulcasting on 92.7 FM to form "92 KISS-FM".

Big City Radio, Inc., which owns and operates radio stations in the three largest radio markets in the United States, acquires radio broadcast properties in or adjacent to major metropolitan markets and utilizes innovative engineering techniques and low-cost, ratings-driven operating strategies to develop these properties into successful metropolitan radio stations. Stuart Subotnick, Chairman of Big City Radio, Inc. and a general partner of Metromedia Company, is a majority shareholder of the Company's Common Stock.

This news release contains certain forward-looking statements that involve risks and uncertainties. Factors that could cause or contribute to such risks and uncertainties include, but are not limited to, general economic and business conditions, competition, changes in technology and methods of marketing, and various other factors beyond the Company's control. This also includes such factors as described from time to time in the SEC reports filed by Big City Radio, Inc., including the most recently filed Form 10-Q.