Jacor: Enters Defiance, Ohio Contact: Pam Taylor 606.655.6523 JACOR ENTERS DEFIANCE, OHIO WITH WDFM-FM AND WDFM-TV COVINGTON, KY December 8, 1998: Jacor Communications, Inc. (NASDAQ: JCOR) today signed a definitive agreement to purchase WDFM-FM and WDFM-TV of Defiance, OH. Jacor agreed to purchase the assets of the FM and low power TV station from Lankenau Small Media Network, Inc. for $3.95 million. The Associated Broadcasters brokerage firm assisted the seller 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 242 radio stations along with WKRC-TV in Cincinnati and WDFM-TV in 63 broadcast areas. 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 Ends.