Chancellor Media Names Brian Bieler Vice President and General Manager Of KTXQ-FM In Dallas; 28-Year Radio Broadcasting Veteran to Shape Station's New Direction.

DALLAS--(BUSINESS WIRE)--Sept. 23, 1998--Chancellor Media Corporation (Nasdaq: AMFM) named former Viacom Radio Group President Brian Bieler to the position of Vice President, General Manager of KTXQ-FM Dallas, it was announced today by George C. Toulas, Senior Vice President, Regional Operations. Last month, Chancellor reformatted heritage station KTXQ-FM from `rock' programming to their custom-built rhythmic oldies format featuring artists such as Santana, War, Kool & the Gang and Marvin Gaye. The appointment is effective September 28, 1998. Dallas is the nation's sixth largest radio revenue market.

Mr. Bieler brings to Chancellor Media 28 years of radio broadcasting management experience. He most recently served as Vice President and General Manager for Chancellor's KOOL-FM/AM in Phoenix where he directed a 12th to 1st place turnaround in the station's target demographic (adults aged 25-54), transforming it from a money-losing enterprise into one of the top cash-flowing stations in Phoenix. From 1987 to 1993, Mr. Bieler founded and was President of Westworks Marketing in California, a radio consulting firm. Prior to Westworks, Mr. Bieler served as President of Viacom Radio Group, where during his two year tenure he more than doubled cash flow and helped each station achieve #1 audience shares (adults aged 25-54) in their respective markets. Between 1974 and 1983, Mr. Bieler served various station management positions with Sudbrink Broadcasting, most notably directing top audience share rankings at WLIF-FM in Baltimore (adults aged 25-54), WORJ-FM in Orlando (adults 18-34, 18-49 and 25-49) and at KPOI-AM/FM in Honolulu (adults 18-34, 18-49).

Mr. Toulas commented, "Brian's extensive radio broadcasting experience combined with Chancellor's commitment to provide Dallas listeners with the best possible programming is the perfect recipe for success. Chancellor's history of Top Ten market turnarounds speaks for itself, and we're delighted to have the opportunity to continue this tradition in Dallas at KTXQ."

Brian Bieler added, "Having managed some of the nation's most visible and successful stations, I am excited about the opportunity to help Chancellor build this station from the ground up. Dallas is one of the nation's fastest growing and exciting markets and I am looking forward the challenge of building a market leader."

Chancellor currently operates KTXQ-FM under a local marketing agreement (LMA) with Capstar Broadcasting and expects to assume ownership of the station following the close of its merger with Capstar in mid 1999. In addition to KTXQ, Chancellor's Dallas holdings include KSKY-AM, KHKS-FM, KZPS-FM, KDGE-FM and KBFB-FM.

Chancellor Media Corporation is a diversified media company to consist of the Chancellor Radio Group, Chancellor Outdoor Group, Chancellor Television Group and Katz Media, a leading media representation firm. Reflecting announced transactions, Chancellor Radio Group will be the nation's largest radio broadcasting entity with over 465 stations in approximately 105 markets reaching a weekly listener base of over 65 million people. Through the AMFM Radio Network, Chancellor offers syndicated programming nationwide. Internationally, Chancellor has agreed to purchase a 50% interest in Mexico's Grupo Radio Centro, Latin America's largest, most successful and most profitable pure-play radio company with six FM and six AM radio stations, and Primedia Broadcast Group, Inc. which owns and operates eight FM radio stations in Puerto Rico.

Upon consummation of announced transactions, in addition to radio, Chancellor will have significant outdoor advertising, television and media representation operations. Chancellor Outdoor Group will be one of the nation's top five outdoor advertising companies operating over 36,000 display faces in 37 states. Chancellor Television Group, through ownership and local marketing agreements, will operate 12 network-affiliated television stations in 8 markets. Chancellor's Katz Media operation, the only full-service media representation firm in the United States serving multiple types of electronic media, will soon add Petry Media Corporation, a leading independent television representation firm.