Citadel Communications Acquires 10 Radio Stations From Fuller-Jeffrey Broadcasting.

SACRAMENTO, Calif./LAS VEGAS--(BUSINESS WIRE)--April 30, 1999--

Agreement Extends Citadel's Eastward Expansion into Two New Markets

Citadel Communications Corporation (Nasdaq: CITC) announced today that it has entered into definitive agreements to acquire all of the outstanding stock of Fuller-Jeffrey Broadcasting Companies, Inc., which, at closing, will own 10 radio stations clustered in Portland, Maine and Portsmouth, New Hampshire. Under the terms of the agreement, the total consideration will be approximately $63.5 million, including the assumption of debt.

Upon consummation of the agreement, Citadel will add WOKQ-FM, WXBB-FM and WPKQ-FM, WXBP-FM in Portsmouth-Dover-Rochester, the nation's 116th largest market, and WBLM-FM, WCYI-FM, WCYY-FM, WHOM-FM, WJBQ-FM, and WCLZ-FM in Portland, the nation's 162nd largest market. Completion of the transaction, expected to close in the 3rd quarter of 1999, is subject to FCC approval, the expiration of the applicable Hart-Scott-Rodino waiting period and other customary closing conditions.

Commenting on the transaction, Citadel Chairman and Chief Executive Officer, Larry Wilson, stated, "Today's agreement continues Citadel's Eastward expansion and consolidation of mid-sized markets. These stations are well clustered, well run and will provide our company with an excellent foundation for growth. I have known Bob Fuller a very long time and have admired the way he built his company around exceptional people. We are excited to welcome the Fuller-Jeffrey people into Citadel."

Bob Fuller, Chairman and Chief Executive Officer of Fuller-Jeffrey Broadcasting, added, "Of all the companies interested in Fuller-Jeffrey, I carefully considered our alternatives and selected Citadel as the future caretaker because I believe they offer our shareholders and employees the best prospects for continued success. We are truly passing heritage radio stations to a heritage company. After nearly 25 years of history in building our group, it is with great pride that we pass the torch to Citadel Communications, a company well known for its commitment to community service and the well being of its employees."

Citadel is a radio broadcasting company that, upon completion of pending transactions, will own or operate 83 FM and 35 AM radio stations concentrated in 22 mid-sized markets. Kalil & Co., Inc. is the broker for the transaction.

This news announcement contains certain forward-looking statements that are based upon current expectations and involve certain risks and uncertainties within the meaning of the U.S. Private Securities Litigation Reform Act of 1995. Words such as "expects," "anticipates," "intends" or "believes" or variations of such words and similar expressions are intended to identify such forward-looking statements. Key risks are described in the Company's and Citadel's reports filed with the U.S. Securities and Exchange Commission. Readers should note that these statements may be impacted by several factors, including economic changes and changes in the radio broadcast industry generally and, accordingly, the Company's and Citadel's actual performance and results may vary from those stated herein and the Company and Citadel undertake no obligation to update the information contained herein.