John & Jean Kircher Acquire KBTO-FM from Ivers Broadcasting, Inc.

FOR IMMEDIATE RELEASE

October 31, 2001

John and Jean Kircher of Minot, ND, have agreed to purchase the assets of radio station KBTO-FM in Bottineau, ND, from Richard and Alice Ivers of Ivers Broadcasting, Inc. for $595,000.*

KBTO operates at 101.9 mhz.

The Kirchers have no other broadcast interests.

William H. Lytle represented Ivers Broadcasting in this transaction.

* Pending FCC Approval

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