September, 2007

Encino Broadcasting, LLC
Jose J. Garcia, Jr., Managing Member
has agreed to acquire the assets of
KELG-AM/KOKE-AM/KTXZ-AM
Austin, TX

from
Border Media Partners, LLC
Jeffrey T. Hinson, President & Chief Executive Officer
for
$5,500,000.00

Patrick McNamara brokered this transaction

August, 2007

Armada Media Corporation
Terry Shockley, Chief Executive Officer
has agreed to acquire the assets of
KODY-AM/KXNP-FM
North Platte, NE
&
KUVR-AM/KMTY-FM
Holdrege, NE

from
NRG Media, LLC
Mary Quass, President & Chief Executive Officer
for
$4,500,000.00

David F. Reeder Represented the buyer for this transaction

July, 2007

GAP Broadcasting, LLC
George Laughlin, President
has agreed to acquire the assets of
KVLL-FM Radio
Lufkin-Nacogdoches, TX

from
Radio Woodville, Inc.
Edward F. Seeger, President
for
$750,000.00

Todd W. Fowler was the exclusive broker in this transaction

June, 2007

127, Inc.
C.J. Perme, President
has agreed to a Local Marketing Agreement with
WSEV-AM Radio
Sevierville, TN

from
East Tennessee Radio Group, L.P.
Paul G. Fink, President of the General Partner

April, 2007

Anacortes Broadcasting, LLC
Robert Uteda, Managing Member
has agreed to acquire
KLKI-AM Radio
Anacortes, WA

from
Berry Entertainment, Inc.
William T. Berry, President & Chief Executive Officer
for
$760,000.00

Todd W. Fowler represented the buyer in this transaction

March, 2007

Educational Media Foundation, Inc.
Richard Jenkins, President
has agreed to a Local Marketing Agreement with
WMXK-FM Radio
Morristown, TN

from
East Tennessee Radio Group, L.P.
Paul G. Fink, President of the General Partner

Todd W. Fowler was the exclusive broker for the transaction

December, 2006

Mission Nebraska, Inc.
Stanley A. Parker, Co- Director
has agreed to acquire
KPNY-FM Radio
Alliance, NE

from
Halstead Communications, Inc.
Chris Halstead, President
for
$360,000.00

David Reeder & Gene Ferry were the exclusive brokers for this transaction

November, 2006

Butte Broadcasting Corporation
Ron Davis, President & Chief Executive Officer
has agreed to acquire
KANA-AM / KGLM-FM
Anaconda, MT
&
KBCK-AM
Deer Lodge, MT

from
Carroll Montana Broadcasting, Inc.
Jim Ray Carroll, President & Chief Executive Officer
for
$500,000.00

Gene Ferry was the exclusive broker for this transaction

September, 2006

Chatham Hill Foundation, Inc. & La Promesa Foundation
Len Oswald - President
have agreed to acquire
KJON-AM & KXEB-AM
Dallas, TX
&
KFNI-AM
San Antonio, TX

from
Border Media Partners, LLC
Thomas H. Castro
President & Chief Executive Officer
for
$7,500,000.00

Clear Media, LLC
Lee Armstrong Clear, President & Chief Executive Officer
has agreed to acquire
WNOO-AM Radio
Chattanooga, TN

from
East Tennessee Radio Group III, L.P.
Paul G. Fink
President of the General Partner
for
$450,000.00

May, 2006

Bott Radio Network, Inc.
Richard P. Bott, Sr., President & Chief Executive Officer
has agreed to acquire the assets of
KTAA-FM Radio
Tyler, TX

from
Institute In Basic Life Principles
William Gothard, President
for
$450,000.00

March, 2006

AS Radio, LLC
Alan D. Sneed, Managing Member
has agreed to acquire the assets of
WEYE-FM Radio
Surgoinsville, TN

from
Tri-City Radio, LLC
for
$1,500,000.00

February, 2006

Davidson Media Group, LLC
Peter Davidson, President
has agreed to acquire the assets of
WTMT-AM / WTSZ-FM Radio
Louisville, KY

from
LB Radio of Louisville, LLC
Jefferson Broadcasting Company, Inc Metro East CBC, Inc.
for
$2,100,000

January, 2006

East Tennessee Radio Group, L.P.
&
North Georgia Radio Group, L.P.
Paul G. Fink, President of the General Partner
have agreed to acquire the assets of
WDAL-AM, WBLJ-AM, WYYU-FM, WQMT-FM
Dalton, GA
&
WTUN-FM
Chattanooga, TN / Ringgold, GA

from
Clear Channel Communications, Inc.
John Hogan, President - Radio
for
$6,000,000

Norsan Entertainment Group, LLC
Norberto Sanchez, President & CEO
has agreed to acquire the assets of
WKGN-AM Radio
Knoxville, TN

from
Triple S. Enterprises, Inc.
Robert L. Stewart, President & CEO
for
$500,000

December, 2005

Tackett-Boazman Broadcasting, L.P.
D. Rex Tackett, Managing Member
Ray L. Boazman, Member
has agreed to acquire the assets of
KXCT-FM, KXYL-FM, KSTA-AM, KXYL-AM
Brownwood, TX

from
Watts Communications, Inc.
Gwen Watts, President & CEO
for
$1,900,000

Double O Radio, Inc.
Terry L. Bond, President & CEO
has agreed to acquire the assets of
KHKS-FM, KMCM-FM, KQRX-FM
Odessa - Midland, TX
KGKL-AM, KGKL-FM, KELI-FM, KKCN-FM, KNRX-FM
San Angelo, TX

from
Encore Broadcasting, LLC
Tommy R. Vascocu, President
for
$12,400,000

November, 2005

NRC Broadcasting, Inc.
Tim Brown, Chairman/CEO
has agreed to acquire the assets of

KCUV - FM (formerly KJEB)
Denver, CO
for
$16,000,000

August, 2005

Family Worship Center Church, Inc.
Rev. Jimmy Swaggart President & Director
has agreed to acquire the assets of
KQUJ-FM & KSSO-FM
Ada / Norman, OK

from
The Sister Sherry Lynn Foundation, Inc
Sherry L. Austin, President & Treasurer
for
$500,000

Bott Radio Network, Inc.
Richard P. Bott, President
has agreed to acquire the assets of
WAMB-AM RADIO
Nashville, TN

from
Great Southern Broadcasting Company
William O. Barry, President & CEO
for
$5,000,000

May, 2005

East Tennessee Radio Group, Inc.
Paul G. Fink, President of the General Partner
has agreed to acquire the assets of
WMTN-AM & WMXK-FM
Morristown, TN

from
Horne Radio, LLC
Douglas A. Horne
for
$1,100,000

January, 2005

Peregon Communications, Inc.
Jonathan Perez, President/CEO
has contractually agreed to acquire
WLGO-AM, Columbia, SC

from
Levas Communications, LLC
Art Camiolo, President
for
$575,000

December, 2004

BMP Radio, LP
has acquired
KFON-AM/Austin, TX
KKLB-FM/Elgin, TX
KELG-AM/Manor, TX
KTXZ-AM/West Lake Hills, TX

from
Dynamic Radio Broadcasting Corp.
for
$19,000,000

August, 2004

JR Broadcasting, LLC
Janet Roberts, President/CEO
has acquired
KSNB-AM Radio, Minneapolis, MN

from
Infinity Broadcasting, Inc.
Joel Hollander, President/CEO
for
$3,000,000

Entravision Holdings, LLC
has acquired
KAIQ-FM, Wolfforth (Lubbock), TX

from
Littlefield Radio Partners
for
$1,500,000

May, 2004

Aisling Broadcasting
Jonathon Hoffman, Managing Member
has acquired
WECR-FM/Beech Mountain, NC
WECR-AM/Newland, NC
WXIT-AM/Blowing Rock, NC

from
Rondinaro Enterprises, Inc.
Steve Rondinaro, President Purchase
for
$2,200,000

Aisling Broadcasting
Jonathon Huffman, Managing Member
has acquired
WZJS-FM/Banner Elk, NC
WATA-AM/Boone, NC

from
Highland Communications
Thomas J. Embrescia, President
for
$2,200,000

Newspaper Radio Corporation
Tim Brown, Chairman/CEO
has acquired
KTUN-FM/Eagle, CO
KFMU-FM/Oak Creek, CO
KNFO-FM/Basalt, CO
KSPN-FM/Aspen, CO
KRMR-FM/Hayden CO

from
Salisbury Broadcasting Corporation
Charles H. Salisbury, President
for
$4,676,444

Newspaper Radio Corporation
Tim Brown, Chairman/CEO
has acquired
KSMT-FM/Breckenridge, CO
KIDN-FM/Hayden, CO
KKCH-FM/Glenwood Springs, CO
KSKE-FM/Vail, CO

from
American General Media
Anthony S. Brandon, President
for
$3,323,556

March, 2004

Simmons Media
has acquired
KLRK-FM/Marlin, TX
KRZI-AM/Waco, TX
KRZX-AM/Waco, TX

from
KRZI, Inc.
for
$1,500,000

Aisling Broadcasting
Jonathon Huffman, Managing Member
has acquired
WMMY-FM/Jefferson, NC

from
106.1, Inc.
for
$2,200,000

Cumulus Broadcasting, Inc.
has acquired
KVST-FM/LaPorte, TX

from
New Wavo Communications
for
$32,000,000

January, 2004

Radio One, Inc.
Alfred Liggins, III, President/CEO
has acquired
WSNJ-FM/Bridgeton, NJ(Philadelphia, PA)

from
New Jersey Radio Partners, LLC.
for
$35,000,000

April, 2003

Zoe Communications
Michael Oberg, President
has acquired
WPDR-AM/WDDC-FM Portage, WI

from
Kramer Broadcasting, Inc.
Ed Kramer, President
for
$1,100,000