Jacor: To Acquire Southern Californa AM & FM




Contact:  Pam Taylor
             606.655.6523

FOR IMMEDIATE RELEASE



JACOR AGREES TO PURCHASE TWO MORE STATIONS IN SOUTHERN CALIFORNIA

OCTOBER 22, 1998 Covington, KY: Jacor Communications, Inc. (Nasdaq: JCOR) today
signed an asset purchase agreement to acquire KBKO-AM and KSPE-FM licensed to
Ellwood, California. Spectacular Broadcasting, Inc. is selling the two Spanish
format stations to Jacor for $4.6 million cash. 

Jorgensen Broadcast Brokerage assisted Jacor in the transaction which is
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 236 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.

On October 8, 1998 Jacor and Clear Channel Communications, Inc. (NYSE: CCU)
announced the signing of a definitive merger agreement for a tax-free,
stock-for-stock transaction.  The transaction is pending.


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










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