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CUMULUS NEWS RELEASE APR 25, 2000 CUMULUS COMPLETES ACQUISITION,
Closes on Radio Station KSSM(FM) Killeen-Temple, TX
Milwaukee, WI April 25, 2000 – Cumulus Media Inc. (NASDAQ:CMLS) announced that it has completed the acquisition of station KSSM(FM), in Copperas Cove, Texas from Centroplex for 2.75 million. KSSM-FM 103.1, known as “Kiss FM” with an Urban Adult format, is one of the four FM stations programmed by Cumulus in the Killeen-Temple radio market. This market is ranked the 149th largest in the U.S. by The Arbitron Company. With a combined population of 309,500, Bell and Coryell counties make up the listening radio market. Killeen and Temple, the two largest cities in Bell County, are home of the University of Central Texas and Central Texas College. The City of Killeen adjoins 217,000 acre Fort Hood, host to the largest installation of military personnel and equipment in the country. Cumulus Media owns and operates radio station clusters in mid-size markets.
Assuming the completion of all pending acquisitions, Cumulus Media will
own and operate 324 radio stations in 64 U.S. media markets. The
Company commenced operations May 22, 1997.
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