FOR IMMEDIATE RELEASE

April 28, 2004

Rolling Plains Broadcasting Corporation has reached an agreement to sell KVRP-AM/FM radio stations to 1 Chronicles 14, L.P.* KVRP-FM is licensed to Haskell, Texas; KVRP-AM is licensed to nearby Stamford.

1 Chronicles, based in San Antonio, Texas, is headed by Gregg Weston. Mr. Weston is C.E.O. of Weston Entertainment, which has holdings in the music and hospitality industries.

Rolling Plains is headed by Ken Lane of Haskell, Texas who built and put KVRP-FM on the air. Neither party has other broadcast interests.

Bill Whitley served as the exclusive broker for this transaction.

* Pending FCC Approval