Saga Comm. Acquires WKNE-AM/FM & WKVT-AM/FM from Tele-Media Co.

FOR IMMEDIATE RELEASE

May 8, 2002

Saga Communications of New England has closed on its purchase of Radio Stations WKNE-AM/FM, Keene, NH and WKVT-AM/FM, Brattleboro, VT from Tele-Media Company of Vermont for $9,075,000.*

Robert J. Maccini represented Saga Communications in this transaction.

* Pending FCC Approval

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