Educational Media Foundation Completes Acquisition of three Los Angeles stations from Amaturo Group of LA

PRESS RELEASE

April 14, 2013

Educational Media Foundation has completed the acquisition of the assets of radio stations KLST-FM, Fountain Valley, CA, KLSN-FM, Adelanto, CA and KLSI-FM, Thousand Oaks, CA from Amaturo Group of LA.

Mike Novak, EMF President & CEO said _Working with and getting to know Joe Amaturo has been a rewarding experience. Adding Orange County, Ventura County and the High Desert areas of Southern California to Air 1_s longstanding Riverside/

San Bernardino coverage with KLRD @ 90.1 is a true blessing. We are looking forward to seeing lives impacted in a positive way._

Joe Amaturo added, _Passing along my final broadcast properties through Mike Novak and Joe Miller of EMF which organization truly reflects their outlook on life, on doing good, and in a professional and kindly manner. Whether buying or selling, when dealing with people of integrity, all problems are more easily resolved and in that manner, achieve happy results for all concerned parties._

George Reed, and Tom McKinley of Media Services Group represented the Seller in this transaction.

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