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Cumulus Completes Tallahassee Acquisition; Closes On Radio Station WGLF-FM- in Tallahassee.



Business Editors

MILWAUKEE--(BUSINESS WIRE)--March 21, 2000

Cumulus Media Inc. (NASDAQ NASDAQ
 in full National Association of Securities Dealers Automated Quotations

U.S. market for over-the-counter securities. Established in 1971 by the National Association of Securities Dealers (NASD), NASDAQ is an automated quotation system that reports on
:CMLS CMLS Central Minnesota Legal Services
CMLS Chemical Movement in Layered Soils
CMLS Centralized Mail List Services (GSA)
CMLS Contractor Maintenance & Logistics Support
) announced that it has completed the acquisition of WGLF(FM), Tallahassee, Florida. The Company acquired the station from Tallahassee Broadcasting Company for $4.0 million.

Known as "Gulf 104", WGLF is one of four FM stations and one AM station owned and operated by Cumulus cumulus: see cloud.  in the Tallahassee radio market. The full Class C, 90 kW broadcast facility of WGLF throws the largest signal over the Tallahassee region of any commercial radio station. Tallahassee is ranked the 159th largest market by Arbitron.

"We are very excited to be closing on this fabulous rock brand in Tallahassee," said John Dickey, Executive Vice President and Director of Programming for Cumulus.

Tallahassee, the state capital of Florida Noun 1. capital of Florida - capital of the state of Florida; located in northern Florida
Tallahassee

Everglade State, FL, Florida, Sunshine State - a state in southeastern United States between the Atlantic and the Gulf of Mexico; one of the Confederate
, is ranked third by Money magazine for quality of life among 45 mid-size cities in the South. With two state universities and three Inc. 500 companies -- Pharmacy, Supercomputer Computations Research Institute and National High Magnetic Field Laboratory The National High Magnetic Field Laboratory (NHMFL) develops and operates high magnetic field facilities that scientists use for research in physics, biology, bioengineering, chemistry, geochemistry, biochemistry, materials science, and engineering.  -- Tallahassee has one of the fastest growing business sectors in the country.

Cumulus Media owns and operates radio station clusters in mid-size markets. Assuming the completion of all pending acquisitions, Cumulus Media will own and operate 321 radio stations in 64 U.S. media markets. The Company commenced operations May 22, 1997.
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Publication:Business Wire
Geographic Code:1USA
Date:Mar 21, 2000
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