AAA Entertainment Acquires WBZM-FM from Rainbow Radio

FOR IMMEDIATE RELEASE

January 16, 2002

AAA Entertainment, LLC, has agreed to purchase the assets of radio station WBZM-FM, Fairbury, IL, from Rainbow Radio of Livingston County for $1.7 million.*

George R. Reed and Robert J. Maccini represented Rainbow Radio of Livingston County in this transaction.

* Pending FCC Approval