Northeast Bcstg. Co. Acquires WCAT-AM & WAHL-FM from Citadel Comm. Corp.


April 17, 2003

Northeast Broadcasting Company has entered into an agreement with Citadel Communications Corporation to purchase radio stations WCAT-AM & WAHL-FM licensed to Athol, MA.*

Steven Silberberg who also owns WXRV-FM, Haverhill, MA, heads Northeast Broadcasting Company. Ed Flanagan, COO commented, _This provides an outstanding opportunity to extend the company_s goal of providing community oriented radio in a decentralized structure._

Stephan Sloan was the exclusive broker in the transaction representing Citadel Communication Corporation.

* Pending FCC Approval