Cumulus Media Inc. Announces Fourth Quarter Earnings Conference Call.

Business Editors

ATLANTA--(BUSINESS WIRE)--Feb. 5, 2003

Cumulus Media Inc. (NASDAQ: CMLS), will host a conference call on Tuesday, February 18, 2003 at 5 PM EST to review the Company's fourth quarter financial results, which will be released shortly after market close and prior to the call, together with an update of financial and operational developments.

The call will be open to the general public on a listen only basis.

The conference call dial in number is [phone] for both domestic and international calls. The pass code for the call is CUMULUS. Please call five to ten minutes in advance to ensure that you are connected prior to the presentation. The call may also be accessed via webcast at www.cumulus.com.

Immediately after completion of the call, a replay can be accessed until 11:59 PM EST February 25, 2003. Domestic callers can access the replay by dialing [phone]. International callers may access the replay by dialing [phone].

Cumulus Media Inc. is the parent company of Cumulus Broadcasting Inc., which along with its other subsidiaries, owns and operates station clusters in mid-size markets. Cumulus is the second largest U.S. radio operating company based upon the number of stations owned or operated.

We hope you will be able to join the conference call. For any additional information, or to receive future Company news announcements visit our website at www.cumulus.com or contact Wendy Wise at [phone].