Power Valley Communications, Inc. Acquires WADI-FM & WCMA-AM from Janice Jobe

FOR IMMEDIATE RELEASE

February 6, 2002

Power Valley Communications, Inc. (Rick Biddle) has agreed to purchase the assets of radio stations WADI-FM and WCMA-AM, Corinth, Mississippi, from Janice Jobe for $330,000.*

Eddie Esserman and George Reed represented the Seller in this transaction.

* Pending FCC Approval

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