Jacor: Acquires KKTL-FM in Houston




Contact:  Pam Taylor 
          606.655.6523


FOR IMMEDIATE RELEASE

                        JACOR TO ACQUIRE KKTL-FM
                             IN HOUSTON, TX

COVINGTON, KY August 19, 1998: Jacor Communications, Inc. (Nasdaq: JCOR) today
signed an agreement to acquire KKTL-FM in Houston, Texas for $14.7 million from
Preferred Media Group, Inc.  Blackburn & Company acted as a broker in the
transaction.  

The cash transaction is subject to customary regulatory review.

Jacor is the nation's third largest radio company measured by total stations. 
Including announced pending acquisitions, Jacor now owns, operates or
represents 206 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.jacor.com and www.cfonews.com/jcor/ for more information on Jacor.



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