Cumulus Media Inc. Acquires Eight Stations in Macon, GA, from US Broadcasting, Ltd.

FOR IMMEDIATE RELEASE

May 28, 2002

Cumulus Media Inc. has agreed to purchase the assets of WDDO-AM, WDEN-AM/FM, WMAC-AM, WAYS-FM, WMGB-FM, WMKS-FM, and WPEZ-FM, Macon, GA, from US Broadcasting, Ltd., for $35.5 million.*

R. Thomas McKinley and George R. Reed represented the Seller in this transaction.

* Pending FCC Approval

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