Chancellor Marketing Group Opens New York Office.

NEW YORK--(BUSINESS WIRE)--March 29, 1999--

Names Michael A. Neuman and Laura Braider

Business Development Managers

Chancellor Marketing Group, the national sales promotion division of Chancellor Media Corporation (Nasdaq: AMFM), opened a New York office, it was announced today by Alison Glander, President of the Group and Senior Vice President of Chancellor Media. Chancellor Marketing Group also named Michael A. Neuman and Laura Braider as Business Development Managers for the New York office.

Chancellor Marketing Group (CMG) designs and executes integrated consumer and trade promotions for national and regional companies. Its goal is to create brand-building ideas and marketing solutions, then leverage the power of Chancellor's multimedia platform to execute these promotions on a local level.

In announcing Mr. Neuman and Ms. Braider's appointment, Alison Glander said, "As the nation's largest consumer market, Chancellor Marketing Group's New York office represents an important, strategic addition to the national presence we are building. Michael and Laura bring relevant New York market experience and relationships to Chancellor Marketing Group, and we are confident that their backgrounds will enable us to address the marketing solution needs of companies based in, or serving the market."

Mr. Neuman was formerly Vice President of Marketing Partnerships and Strategic Alliances for Arnold Communications, Inc, which ranks among the top 20 advertising agencies in the country. Mr. Neuman worked with the McDonald's account in the New York metropolitan area, co-developing the promotions for McDonald's packaging and negotiating sports, entertainment and family marketing partnerships.

Mr. Neuman stated "As clients look for solutions beyond traditional advertising to build their brands, they're looking more to sales promotion firms as a resource for ideas, solutions and results. CMG will help them generate incremental revenue by creating turn-key promotional programs that are executed at the local level."

Ms. Braider, formerly a consultant for Revenue Development Systems, a division of Emmis Broadcasting, managed and trained their new business and sales personnel in ways to generate revenue beyond traditional advertising approaches. There, she also consulted non-Emmis owned stations in 10 markets.

Ms. Braider stated that she "looks forward to bringing the vast resources of Chancellor Media to the creation and execution of consumer promotion programs. With access to over 450 radio stations and other media properties across the country, Chancellor Marketing Group is in a unique position to field national promotions on a local, market-by-market basis."

In the New York market, Chancellor Media Corporation owns WKTU-FM `The Beat of New York', WLTW-FM `Lite FM', WHTZ-FM `Z-100', and WBIX-FM `Jammin' 105.1', WAXQ-FM `Q104' New York's Only Classic Rock Station and WALK-FM/AM.

Chancellor Media Corporation is a diversified media company consisting of the Chancellor Radio and Outdoor Group, and of the Chancellor Media Services Group, including Katz Media, the leading media representation firm. Reflecting announced transactions, Chancellor Radio Group will be the nation's largest radio broadcasting entity with approximately 465 stations in 105 markets reaching a weekly listener base of 66 million people. Through the AMFM Radio Networks, Chancellor Media offers syndicated programming nationwide. Chancellor Outdoor Group is the nation's fifth-largest outdoor advertising company, operating over 42,000 display faces nationwide. Chancellor's Katz Media is the only full-service media representation firm in the United States serving multiple types of electronic media. Chancellor Marketing Group is a full-service, sales promotion firm developing integrated marketing programs for Fortune 1000 companies.