PRESS RELEASE

August 22, 2014

NRG Media, LLC has agreed to purchase the assets of radio stations KFMW-FM, KOKZ-FM, KWLO-AM, and KXEL-AM, Waterloo, IA from Woodward Communications Inc.* The purchase price is $3,550,000.

Jody McCoy of Media Services Group_s Colorado Springs office was the exclusive broker representing the seller in this transaction.

* Pending FCC Approval