Clear Channel Comm. Completes Acquisition of KVLT-FM from Coastal Digital Bcstg.

FOR IMMEDIATE RELEASE

September 25, 2001

Clear Channel Communications has completed the acquisition of radio station KVLT-FM, Victoria, TX, from Coastal Digital Broadcasting for $650,000.

Jerry Benevides heads up Coastal Digital Broadcasting.

Bill Whitley served as the exclusive broker in this transaction.

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