Jacor: Acquires Two Stations in Centralia, WA



                                               
 FOR IMMEDIATE RELEASE

Contact:  Pam Taylor
          606.655.6523



                        JACOR ACQUIRES KELA-AM AND KMNT-FM
                                IN CENTRALIA, WA


COVINGTON, KY August 3, 1998: Jacor Communications, Inc. (Nasdaq: JCOR)
announced today it has signed a definitive agreement to acquire KELA-AM and
KMNT-FM of Centralia, Washington from KELA Corporation of Centralia-Chehalis,
Washington for $4 million.  The transaction is subject to regulatory review. 
Blackburn and Co. acted as a broker in the transaction.

Jacor is the nation's third largest radio company measured by total stations. 
Including announced pending acquisitions, Jacor now owns, operates or
represents 204 radio stations in 56 broadcast areas and WKRC-TV in Cincinnati. 
Additionally, Jacor and its wholly owned subsidiary Premiere Radio Networks
combine to form the third largest provider of syndicated radio programming in
the country, syndicating the nation's leading radio talk shows which include
The Rush Limbaugh Show, The Dr. Laura Schlessinger Show, Dr. Dean Edell and Art
Bell's overnight programs, "Dreamland" and "Coast to Coast."  Jacor also owns
NSN Network Services, a satellite systems integration company that provides
design, communications technology and support to establish and maintain global
satellite connectivity to companies worldwide.  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 domestic and international locations. 
Additionally, Jacor plans to grow in other broadcast related products and
businesses.


  Visit www.cfonews.com/jcor/ and www.jacor.com for more information on Jacor
                                 Communications


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