Rich Broadcasting Acquires Chaparral Broadcasting Stations in Jackson Hole and Sun Valley

PRESS RELEASE

October 19, 2012

Rich Broadcasting has agreed to purchase the assets of the following radio stations serving Jackson Hole, Wyoming and Sun Valley, Idaho  from Chaparral Broadcasting for $3.7 million*:

Licensed to Jackson, WY:

KMTN-FM

KZJH-FM

KJAX-FM

KSGT-AM

Licensed to Sun Valley, ID:

KECH-FM

KSKI-FM

KYZK-FM

Licensed to Island Park, ID:

KOUW-FM

Translators:

K265DA     Teton Village, WY

K296EG     Jackson, WY

K276DW     Ketchum, ID

K239AU     Driggs, ID

Jody McCoy of our Colorado Springs office served as the exclusive broker representing the seller.

* Pending FCC Approval

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