Ava Maria University Acquires WNRW-FM from Bel Meade Broadcasting

FOR IMMEDIATE RELEASE

November 17, 2003

Ava Maria University, Inc. has agreed to purchase the assets of radio station WNRW-FM licensed to San Carlos Park, FL and serving Ft. Myers-Naples-Marco Island from Bel Meade Broadcasting for $4.9 Million. *


Austin P. Walsh of Media Services Group represented the Buyer in this transaction.

* Pending FCC Approval

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