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FOR IMMEDIATE RELEASE
August 18, 2006
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Dennis Wharton
202-429-5350
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Key Industry Executives And Analysts to Headline NAB Radio Show Info-session

--Panels to Discuss Financial Implications of Shifting Media Landscape for Radio--

WASHINGTON, DC - "Broadcast Financing 2006: Transition to a New Era" will lead off The NAB Radio Show, Wednesday, September 20 in Dallas. The Dickstein Shapiro LLP annual broadcast finance info-session will feature top financial analysts and some of today's leading radio executives.

This conference is designed for those interested in crafting operation, acquisition, and financing strategies as revenue models change and radio addresses competition from satellite radio, iPods, the Internet, and other media.

Opening remarks will be provided by Victor B. Miller, Senior Managing Director, Bear, Stearns & Co. Inc., in his keynote, "Radio in Transition: Prospects & Pitfalls." Top radio and finance executives will discuss the current state of affairs on two panels.

The "Operating & Acquisitions Strategies" panel will feature:

Edward K. Christian, President/CEO, Saga Communications, Inc.
Lewis W. Dickey, Jr., Chairman/CEO, Cumulus Media Inc.
Mark P. Mays, CEO, Clear Channel Communications, Inc.
Jeffrey H. Smulyan, Chairman of the Board, Emmis Communications Corporation
Peter H. Smyth, President/CEO, Greater Media, Inc.

The "Financing Obstacles & Opportunities" panelists are as follows:

John R. Brooks, Managing Director, Media Originations, Wells Fargo Foothill
James K. Downey, Founding Member, Pacific Media Capital, LLC
Charles J. Dreifus, Managing Director, CIT Group, Inc.
Andrew W. Marcus, Vice Chairman, Global Banking, Deutsche Bank
Perry W. Steiner, Partner, Arlington Capital Partners

Lew Paper, a Partner at Dickstein Shapiro LLP, will moderate the panels.

About The NAB Radio Show
The NAB Radio Show is the largest annual convention for radio. This year's show, Sep. 20 - 22 in Dallas, features interactive sessions, special events and exhibits and is co-located with the R&R Convention. More information about The NAB Radio Show is available here.

About Dickstein Shapiro LLP
Dickstein Shapiro LLP, founded in 1953, is a multiservice law firm with more than 375 attorneys in Washington, DC, New York City, and Los Angeles. The firm's clients include more than 100 of the Fortune 500 companies, start-up ventures and entrepreneurs, multinational corporations, leading financial institutions, charitable organizations, and government officials. The five core practice groups - Corporate & Finance, Energy, Intellectual Property, Litigation & Dispute Resolution, and Public Policy & Law - involve the firm in virtually every major form of counseling, litigation, and advocacy. For additional information, please visit www.dicksteinshapiro.com/nab.

About NAB
The National Association of Broadcasters is a trade association that advocates on behalf of more than 8,300 free, local radio and television stations and also broadcast networks before Congress, the Federal Communications Commission and the Courts. Information about NAB can be found at www.nab.org.

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