Citadel Broadcasting Acquires WWKX, WAXK & WMOS from AAA Entertainment

FOR IMMEDIATE RELEASE

January 9, 2003

AAA Entertainment, LLC has sold the assets of radio station WWKX-FM, Woonsocket, RI, WAXK-FM, Narragansett Pier, RI and WMOS-FM, Montauk, NY to Citadel Broadcasting Company for $16,500,000.*


Robert J. Maccini represented AAA Entertainment, LLC in this transaction.


* Pending FCC Approval