Jacor: Extends Presence in Iowa and Ohio Contact: Pam Taylor 606.655.6523 JACOR EXTENDS REGIONAL PRESENCE IN IOWA AND OHIO COVINGTON, KY., February 3, 1998: Jacor Communications, Inc. (Nasdaq: JCOR) today expanded its regional presence in Iowa. Jacor signed a definitive agreement with V.O.B. Incorporated to acquire KMXD-FM in Ankeny, Iowa for $3.0 million. In an unrelated transaction, Jacor announced it has signed an agreement to purchase WIZE-AM in Springfield, Ohio from Staggs Broadcasting. The station will extend Jacor's Ohio cluster. The cash transaction was valued at approximately $525,000. Both the Iowa and Ohio transactions are subject to regulatory review. Jacor is the nation's second largest radio company measured by total stations. Including announced pending acquisitions, Jacor now owns, operates or represents 191 radio stations in 49 broadcast areas and WKRC-TV in Cincinnati. Additionally, Jacor's wholly owned subsidiary Premiere Radio Networks is the country's third largest provider of syndicated radio programming including the nation's top three radio talk shows: The Rush Limbaugh Show, The Dr. Laura Schlessinger Show and Dr. Dean Edell. Premiere recently acquired the rights to highly popular overnight talk show host Art Bell. Jacor also owns a satellite distribution service, NSN, which provides bi-directional communications among multiple networks. Jacor plans to pursue growth through continued acquisitions of complementary radio stations in existing broadcast locations, and radio groups or individual stations with significant presence in other attractive locations. Additionally, Jacor plans to grow in other broadcast related products and businesses. Visit www.cfonews.com/jcor/ for more information on Jacor Communications. Ends.