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CC Media Holdings, Clear Channel Communications and Clear Channel Outdoor Holdings Set Date for Second Quarter 2011 Earnings Teleconference


WEBWIRE

San Antonio, Texas – CC Media Holdings, Inc. (OTCBB: CCMO), along with its wholly-owned subsidiary, Clear Channel Communications, Inc., and its publicly traded subsidiary, Clear Channel Outdoor Holdings, Inc. (NYSE: CCO), each confirmed today that it will also host a teleconference to discuss results on Wednesday, August 3, 2011 at 9:00 a.m. Eastern Time.

The conference call number is 800-260-0702 and the pass code is 209686. The teleconference will also be available via a live audio cast on the investor section of the CC Media Holdings, Clear Channel Communications and Clear Channel Outdoor websites.

A replay of the call will be available after the live conference call, beginning at 11:00 a.m. Eastern Time, for a period of thirty days. The replay numbers are 800-475-6701 (U.S. callers) and 320-365-3844 (International callers) and the pass code is 209686. The audio cast will also be archived on the website and will be available beginning 24 hours after the call for a period of thirty days.

CC Media Holdings and Clear Channel Outdoor will release second quarter 2011 financial results, along with reconciliations of any non-GAAP financial measures to GAAP financial measures and any other applicable disclosures, before the market opens on August 3rd at approximately 8:00 a.m. Eastern Time. The releases will be available at http://ccmediaholdings.com

About Clear Channel Communications/CC Media Holdings, Inc.

Clear Channel Communications is a global media and entertainment company specializing in mobile and on-demand entertainment and information services for local communities and premier opportunities for advertisers. The company’s businesses include radio and outdoor displays. CC Media Holdings is the parent company of Clear Channel Communications.

About Clear Channel Outdoor

Clear Channel Outdoor is a global leader in the outdoor advertising industry providing clients with advertising opportunities through billboards, street furniture displays, transit displays, and other out-of-home advertising displays.

About Clear Channel Communications

Clear Channel Communications, Inc. (OTCBB:CCMO) is a global media and entertainment company specializing in mobile and on-demand entertainment and information services for local communities and premiere opportunities for advertisers. Based in San Antonio, Texas, the company’s businesses include radio and outdoor displays. More information is available at www.clearchannel.com.

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Certain statements in this release could constitute “forward-looking statements” within the meaning of the Private Securities Litigation Reform Act of 1995. Such forward-looking statements involve known and unknown risks, uncertainties and other factors which may cause the actual results performance or achievements of the Company to be materially different from any future results, performance or achievements expressed or implied by such forward-looking statements. Other key risks are described in the Clear Channel Communications’ reports filed with the U.S. Securities and Exchange Commission. Except as otherwise stated in this news announcement, Clear Channel Communications does not undertake any obligation to publicly update or revise any forward-looking statements because of new information, future events or otherwise.



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