CC Media Holdings and Clear Channel Outdoor Set Date for First Quarter 2009 Earnings Release

SAN ANTONIO--(Business Wire)--
CC Media Holdings, Inc. (OTCBB: CCMO) and Clear Channel Outdoor Holdings, Inc.
(NYSE: CCO) confirmed today that both companies will release first quarter 2009
financial results before the market opens on Monday, May 11, 2009 at
approximately 7:00 a.m. Eastern Time. The companies will not be hosting a
conference call or webcast.

About CC Media Holdings, Inc.

CC Media Holdings, the parent company of Clear Channel Communications, is a
global media and entertainment company specializing in mobile and on-demand
entertainment and information services for local communities and premiere
opportunities for advertisers. The company's businesses include radio and
outdoor displays.

About Clear Channel Outdoor

Clear Channel Outdoor, headquartered in San Antonio, Texas, is a global leader
in the outdoor advertising industry providing clients with advertising
opportunities through billboards, street furniture displays, transit displays,
and other out-of-home advertising displays.

For further information contact Randy Palmer, Senior Vice President of Investor
Relations at 210-822-2828 or visit our web sites at www.clearchannel.com and
www.clearchanneloutdoor.com.

CC Media Holdings, Inc.
Randy Palmer, 210-822-2828
Senior Vice President of Investor Relations

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