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EZ COMMUNICATIONS, INC. ANNOUNCES INITIAL PUBLIC OFFERING

 FAIRFAX, Va., Aug. 12 /PRNewswire/ -- EZ Communications, Inc. announced today the initial public offering of 3.4 million shares of its Class A common stock at $13 per share. The shares will trade on the NASDAQ National Market System under the symbol "EZCIA." 2.75 million shares are being offered by the company and 650,000 shares are being offered by certain selling shareholders.
 The offering is being managed by The First Boston Corporation and Alex. Brown & Sons Incorporated. EZ Communications has granted the underwriters an option to purchase up to 510,000 additional shares to cover over-allotments, if any.
 The net proceeds from the sale of the shares being offered by the company and any over-allotment shares sold will initially be used to reduce the amount outstanding under the company's revolving credit facility. The company currently intends to borrow an amount sufficient to redeem the company's remaining 12.70 percent senior subordinated notes due 1996 and to purchase station WQKB-FM serving Pittsburgh. The company will not receive any of the proceeds from the sale of the shares being offered by the selling shareholders.
 EZ Communications, Inc. is a national radio broadcasting company founded in 1967. The company currently owns and operates nine FM stations and two AM stations in seven of the 40 largest radio advertising markets in the United States.
 Copies of the prospectus relating to the offering may be obtained from The First Boston Corporation, 55 East 52nd St., New York, N.Y., 10055, or from Alex. Brown & Sons Incorporated, 135 East Baltimore St., Baltimore, Md., 21202.
 -0- 8/12/93
 /CONTACT: Ronald H. Peele Jr. of EZ Communications, Inc., 703-591-1000/


CO: EZ Communications, Inc.; First Boston Corporation ST: Virginia IN: ENT SU: OFR

CK -- NY020 -- 2045 08/12/93 10:15 EDT
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Publication:PR Newswire
Date:Aug 12, 1993
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