FOR IMMEDIATE RELEASE

February 6, 2003

Media Services Group, Inc. today announced that George R. Reed has assumed the duties of Managing Director for the firm. He was one of the founders of the company thirteen years ago and has managed the Florida office since its inception.

Reed commented, “I am pleased to guide the firm forward. The statistics show that Media Services Group has completed more transactions in the last five years than any other firm. We intend to stay #1 well into the future.”

Reed is the immediate Past President of the National Association of Media Brokers, and serves on the Boards of Directors for the Georgia Association of Broadcasters, the North Carolina Association of Broadcasters, and the John Bayliss Broadcast Foundation.

Media Services Group is one of the leading full service Media Brokerage, Valuation and Consulting firms in the nation, with nine offices throughout the country.