Clear Channel Radio's John Hogan Recognized Today for Outstanding Contributions to Radio Industry; Radio Ink Names Hogan Radio Executive of the Year.

ATLANTA -- Clear Channel (NYSE:CCU)

Clear Channel Radio today announced that its chief executive officer, John Hogan is the recipient of Radio Ink's "Radio Executive of the Year Award." Radio Ink chief executive officer and publisher, Eric Rhoads presented today this distinguished award to Mr. Hogan, here at RAB 2005, the Radio Advertising Bureau's annual conference.

According to the publication, Radio Ink took into consideration quality leadership, the ability to identify solutions to lingering industry problems, creativity, innovation and the confidence to remain committed to a plan in its annual selection.

"If Less is More succeeds, (John) Hogan will have changed radio history forever. When was the last time we saw that kind of leadership?" wrote Rhoads in his "From Our Chairman" column of the January 3, 2005 issue of Radio Ink. "Whether the ideas prove right or wrong, radio needs more innovators. It's extremely unlikely, though, that there will ever be another innovator who will risk so much on a more beautiful dream."

"Clear Channel Radio kicked off 2005 with some genuinely innovative and creative initiatives," said Hogan. "This notable award lends credence to the exciting year ahead for Clear Channel and for radio. It has been an honor and a pleasure to work with so many of the best people in the industry and I wish to especially thank all of the hard-working professionals at Clear Channel Radio."

While accepting the award today, Hogan remarked "As industry professionals, it is our job to continue to search for ways to make radio even better for listeners. 'Less is More' is a start, but others in the industry need to step up with innovations that raise the bar for our medium."

About Clear Channel Radio

Clear Channel Radio is a leading radio company focused on serving local communities across the U.S. with more than 110 million listeners choosing Clear Channel Radio programming each week. The company's operations include radio broadcasting, syndication and independent media representation. Clear Channel Radio is a division of Clear Channel Communications, Inc. (NYSE:CCU), a leading global media and entertainment company. More information on the company can be found at www.clearchannel.com.