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JACOR COMMUNICATIONS ISSUES STATEMENT

 JACOR COMMUNICATIONS ISSUES STATEMENT
 CINCINNATI, Aug. 6 /PRNewswire/ -- Jacor Communications, Inc. announced today that NASDAQ has decided not to continue the company's temporary exception from its $1 million net capital and surplus requirements. As a result, the company's common stock has been deleted from the NASDAQ Small-Cap Market, effective Aug. 5, 1992.
 The company has been working on a capital restructuring which, if successful is expected to allow the company to meet NASDAQ's net capital and surplus requirements. Much of the company's debt is scheduled to mature in August 1992, but that maturity is in the process of being extended to the end of January of 1993. If a successful restructuring is achieved, the company would seek relisting at that time. Until that occurs, trades in the company's stock may continue to be made in the over-the-counter market on the OTC Bulletin Board under the symbol JCOR and will be reported in the pink sheets published by the National Quotations Bureau.
 Jacor Communications, Inc., headquartered in Cincinnati, currently owns 11 radio stations, a cable television system, and the Georgia Network. The company's stations are located in Atlanta, Cincinnati, Denver, Jacksonville, Knoxville, and Tampa.
 -0- 8/6/92
 /CONTACT: R. Christopher Weber of Jacor Communications, Inc., 513-621-1300/
 (JCOR) CO: Jacor Communications, Inc. ST: Ohio IN: ENT SU:


BM -- CL027 -- 7749 08/06/92 16:43 EDT
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Publication:PR Newswire
Date:Aug 6, 1992
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