First graph, second sentence of release should read: The company also confirmed it will be going without ratings data in seven markets (sted eight markets). Third graph, second sentence should read: Seventeen of those are currently covered by the company’s relationship with Nielsen and the remaining seven will move forward without ratings data (sted the remaining six.)

The corrected release reads:

CLEAR CHANNEL RADIO REAFFIRMS COMMITMENT TO NIELSEN IN 18 MARKETS, SIGNS PARTIAL RENEWAL WITH ARBITRON

Clear Channel Radio will go without ratings data in seven markets

Clear Channel Radio today clarified its position on audience ratings for markets 51 and above, announcing an additional market (Newburgh/Middletown, N.Y.) in its relationship with Nielsen and a partial renewal of a currently-expired Arbitron contract. The company also confirmed it will be going without ratings data in seven markets.

Clear Channel Radio remains fully committed to Nielsen in the 18 markets in which we are currently working with them. In addition, based on the outstanding data gained from the first pilot market, we remain interested in expanding our relationship to include additional markets. We will be adding one additional market immediately. The professionalism, commitment to accuracy, and customer support we’ve received from Nielsen is matched only by their research quality and ability to deliver an accurate measure of true radio listening. We look forward to a long and mutually productive relationship with them.

Under the new Arbitron agreement, Clear Channel Radio will neither use nor pay for Arbitron ratings in some 24 markets. Seventeen of those are currently covered by the company’s relationship with Nielsen and the remaining seven will move forward without ratings data. Clear Channel Radio’s previous contract with Arbitron expired at the end of 2008.

About Clear Channel Radio

Clear Channel Radio is a leading radio company focused on serving local communities across the U.S. with more than 110 million listeners choosing Clear Channel Radio programming each week. The company's content can be heard on AM/FM stations, HD digital radio channels, on the Internet, via iPod, cell phone, and in navigation systems from BMW, Volvo, TomTom, Garmin and others. The company's operations include radio broadcasting, syndication and independent media representation. Clear Channel Radio is a division of Clear Channel Communications, Inc. (OTCBB:CCMO), a leading global media and entertainment company. More information on the company can be found at www.clearchannel.com.