Citadel Broadcasting Expands Relationship with Katz Radio Group

Katz to expand representation of Citadel Broadcasting stations in
all of its markets
LAS VEGAS--(Business Wire)--
Citadel Broadcasting Corporation (NYSE:CDL) announced that it
expanded its relationship with Katz Media Group, the nation's largest
media representation firm, under which the Katz Radio Group will
represent an additional 22 stations in nine markets owned by Citadel.

Katz Media Group will now represent all of the Citadel markets
including Atlanta, Chicago, Dallas, Detroit, Los Angeles, Minneapolis,
New York, San Francisco and Washington D.C. Three separate Katz Radio
Group companies--Eastman Radio, Christal Radio and Katz Radio--will
represent the various stations effective March 31. Katz Radio Group
will now represent all the stations owned by Citadel Broadcasting, the
country's third-largest radio station owner with 223 stations in more
than 50 markets.

Farid Suleman, Chairman and Chief Executive Officer of Citadel,
commented "We are pleased to expand our alliance with Katz, one of the
leading media representation firms in the country. The Company expects
to benefit from increased revenue opportunities including new group
deals resulting from the relationship."

Stu Olds, Chief Executive Officer of Katz Media Group, said,
"Citadel Broadcasting has been an extraordinary partner for us and we
couldn't be more excited to have this opportunity to strengthen our
long-term relationship. We have made great strides together and we
fully expect to have an even-more productive partnership in the years
ahead."

"Citadel owns a spectacular array of stations in many of the
nation's top markets," said Mark Gray, President of Katz Radio Group.
"We firmly believe that our talented sales force will be able to
maximize the potential of Citadel's stations by providing the highest
levels of customer service and developing innovative ways to increase
revenue streams."

About Citadel Broadcasting Corporation

Citadel Broadcasting Corporation is the third largest radio group
in the United States, with a national footprint reaching more than 50
markets. Citadel is comprised of 165 FM and 58 AM stations in the
nation's leading markets, in addition to the ABC Radio Network
business, which is one of the three largest radio networks in the
United States. For more information visit www.citadelbroadcasting.com

About Katz Media Group

Katz Media Group, based in New York City, is the nation's only
full-service media sales and marketing firm. A subsidiary of Clear
Channel Communications, the company serves multiple media platforms
and is the leading representative of radio and television stations.
The Katz Radio Group is structured to most effectively represent the
interests of its independent client stations through Eastman Radio,
Christal Radio and Katz Radio. For more information, go to
www.katz-media.com.

Certain statements in this document are "forward-looking
statements" within the meaning of the Private Securities Litigation
Reform Act. These statements are based on management's current
expectations and are subject to uncertainty and changes in
circumstances. Actual results may differ materially from those
included in these statements due to a variety of factors. More
information about these factors is contained in Citadel Broadcasting
Corporation's filings with the Securities and Exchange Commission.

Katz Media Group
Michael Sherman, 212-424-6484
or
Citadel Broadcasting
Patricia Stratford, 212-887-1670

Copyright Business Wire 2008