For $94M, Clear Channel Buying Interspace Airport Advertising

Interspace operates airport advertising concessions in more than 190 airports, including approximately 150 small to mid-size airports in the United States


Portions of this release may contain forward-looking statements regarding future events and are subject to risks and uncertainties. Clear Channel Outdoor wishes to caution you that there are some factors that could cause actual results to differ materially from any future results, performance or achievements expressed or implied by such forward-looking statements, including but not limited to: difficulty in integrating the ISI businesses and operations in an efficient and effective manner; challenges in achieving strategic objectives; the risk our markets do not evolve as anticipated; the potential loss of key employees of the acquired businesses; contractual problems; and regulatory issues. The Company refers you to the documents it files from time to time with the Securities and Exchange Commission, specifically the section titled "Item 1A. Risk Factors" of the Company's Annual Reports filed on Form 10-K, which contain and identify other important factors that could cause actual results to differ materially from those contained in our projections or forward-looking statements. Stockholders and other readers are cautioned not to place undue reliance on these forward-looking statements, which speak only as of the date on which they are made. We undertake no obligation to update publicly or revise any forward-looking statements.

CONTACT: Clear Channel, San Antonio Randy Palmer, 210-822-2828 RandyPalmer@clearchannel.com KEYWORD: TEXAS PENNSYLVANIAINDUSTRY KEYWORD: ADVERTISING/MARKETING ENTERTAINMENT TELEVISION/RADIO CABLE MUSIC AIRLINES TRANSPORTATION MERGERS/ACQSOURCE: Clear Channel Outdoor Holdings, Inc.

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