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Clear Channel Announces 2nd Quarter 2006 Earnings Release and Teleconference


San Antonio, Texas July 12, 2006 - Clear Channel Communications, Inc. (NYSE: CCU) and Clear Channel Outdoor Holdings, Inc. (NYSE: CCO) confirmed today that both companies will release second quarter 2006 financial results before the market open on Tuesday, August 8, 2006 at approximately 7:00 a.m. Eastern Time.

The Companies will also host a teleconference to discuss results on August 8th at 9:00 a.m. Eastern Time. The conference call number is 866-564-7444 and the pass code is 4016671. Please call ten minutes in advance to ensure that you are connected prior to the presentation. The teleconference will also be available via a live audio cast on the Clear Channel website, located at A replay of the call will be available for 72 hours after the live conference call, beginning at 12:00 p.m. Eastern Time. The replay number is 888-203-1112 and the pass code is 4016671. 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.

About Clear Channel Outdoor

Clear Channel Outdoor is the world’s largest outdoor advertising company with over 870,000 displays in more than 50 countries across 6 continents. In the United States, the company operates over 144,000 advertising displays and has a presence in 45 of the top 50 Designated Market Areas. It also operates airport, rail, taxi and mall advertising businesses worldwide. Its Spectacolor (U.S.) and DEFI (international) divisions are the global market leaders in spectacular sign displays, including in New York’s Times Square. Adshel™ is the company’s international street furniture division, which operates more than 3,500 municipal advertising contracts worldwide. More information may be found by visiting

About Clear Channel Communications

Clear Channel Communications, Inc. (NYSE:CCU) is a global media and entertainment company specializing in “gone from home” entertainment and information services for local communities and premiere opportunities for advertisers. Based in San Antonio, Texas, the company’s businesses include radio, television and outdoor displays. More information is available at

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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