PRESS RELEASE
July 16, 2004

Appaloosa Broadcasting, Inc. has completed its acquisition of radio stations KRRR-FM (104.9) and KRAE-AM (1480), both licensed to Cheyenne, WY and KREO-FM (105.3), licensed to Pine Bluffs, WY, from Mountain States Radio, Inc. for $2.2 Million.

Jody McCoy  was the exclusive broker representing the seller in this transaction.

For more information:

Jody McCoy
719.630.3111
[email protected]