CORRECTING and REPLACING Radio One, Inc. 2008 Second Quarter Results Conference Call

WASHINGTON--(Business Wire)--
Please replace the release dated July 11, 2008 with the following
corrected version due to changes to conference call information.

The corrected release reads:

RADIO ONE, INC. 2008 SECOND QUARTER RESULTS CONFERENCE CALL

Radio One, Inc. (NASDAQ:ROIAK and ROIA) will be holding a
conference call for investors, analysts and other interested parties
to discuss its results for the second fiscal quarter of 2008.

The conference call is scheduled for Tuesday, August 5, 2008 10:00
a.m. Eastern Daylight Time. To participate on this call, U.S. callers
may dial toll-free 1-877-322-9654; international callers may dial
direct (+1) 954-797-1657 five minutes before the call. The Access Code
for this call is 803449.

A replay of the conference call will be available from 2:30 p.m.
EDT August 5, 2008 until midnight EDT August 6, 2008. Callers may
access the replay by dialing 1-877-471-6581; international callers may
dial direct (+1) 402-970-2661. The replay Access Code is 656457.
Access to live audio and a replay of the conference call will also be
available on Radio One's corporate website at www.radio-one.com. The
replay will be made available on the website for seven days after the
call.

Radio One, Inc. (www.radio-one.com) is one of the nation's largest
radio broadcasting companies and the largest radio broadcasting
company that primarily targets African-American and urban listeners.
Radio One, Inc. owns and/or operates 53 radio stations located in 16
urban markets in the United States. Additionally, Radio One owns
Magazine One, Inc. (d/b/a Giant Magazine) (www.giantmag.com),
interests in TV One, LLC (www.tvoneonline.com), a cable/satellite
network programming primarily to African-Americans, Reach Media, Inc.
(www.blackamericaweb.com), owner of the Tom Joyner Morning Show and
other businesses associated with Tom Joyner, and Community Connect
Inc., an online social-networking company, which operates a number of
branded websites, including BlackPlanet, MiGente and AsianAvenue.

Cautionary Note Regarding Forward-Looking Statements

This press release may include forward-looking statements within
the meaning of Section 27A of the Securities Act of 1933 and Section
21E of the Securities Exchange Act of 1934. Forward-looking statements
represent management's current expectations and are based upon
information available to Radio One at the time of this release. These
forward-looking statements involve known and unknown risks,
uncertainties and other factors, some of which are beyond Radio One's
control, that may cause the actual results to differ materially from
any future results, performance or achievements expressed or implied
by such forward-looking statements. Radio One does not undertake any
obligation to update any forward-looking statements.

Radio One, Inc.
Peter Thompson, EVP and CFO
301-429-4638

Copyright Business Wire 2008