Chancellor Media Names Kami Doyle Vice President of Finance For The Chancellor Radio Group.

DALLAS--(BUSINESS WIRE)--December 15, 1998--Chancellor Media Corporation (Nasdaq: AMFM) named Kami Doyle to the newly created position of Vice President, Finance for the Chancellor Radio Group, it was announced today by James E. de Castro, President of the Group. The appointment is effective immediately.

Previously Chancellor Media's SEC Reporting Director, Ms. Doyle brings to her new role broad knowledge of the Radio Group, having developed new accounting and employee training systems for several affiliated business units, as well as participating in the successful completion of five financing transactions for the Company. Based in Chicago, she will report directly to the Radio Group President and work closely with other senior executives to monitor Group performance and ensure that targeted goals are exceeded. She will also continue to work as a key financial liaison to the Company's complementary media businesses, including the Chancellor Marketing Group and Katz Media, to monitor, as well as to enhance, their operating performance.

Prior to joining Chancellor in 1997, Ms. Doyle served for two years as Controller of Dallas-based Internet America, Inc. She started her career as a Senior Accountant with KPMG Peat Marwick LLP, and is a Certified Public Accountant and graduate of the University of Tulsa.

Mr. de Castro commented, "Kami has played a key role in the successful integration and development of new businesses for Chancellor Media, and her financial expertise will be a welcome addition to the Radio Group. As we expand and refine our radio operations, talented and energetic people like Kami will be an essential component to optimizing our performance and extending our track record as the industry's most successful radio group."

Chancellor Media Corporation is a diversified media company consisting of the Chancellor Radio Group, Chancellor Outdoor Group, Katz Media (a leading media representation firm), Chancellor Marketing Group, and the planned Chancellor Television Group. 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 acquired Primedia Broadcast Group, Inc. which owns and operates eight FM radio stations in Puerto Rico. Chancellor Outdoor Group is the nation's fifth largest outdoor advertising company operating over 36,000 display faces in 37 states. 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 and integrating marketing programs for Fortune 1000 companies.

Upon consummation of announced transactions, in addition to radio, outdoor advertising, media representation and marketing operations, Chancellor will have significant television operations. Chancellor Television Group, through ownership and local marketing agreements, will operate 13 network-affiliated television stations in 8 markets.