COX RADIO schedules fourth quarterand full year 2008 earnings release and teleconference

Atlanta. – Cox Radio (NYSE: CXR) announced today that it will release financial results for the fourth quarter and full year ended December 31, 2008 on Wednesday, March 4, 2009 before U.S. market hours.
The Company will host a teleconference to discuss its financial results on Wednesday, March 4 at 11:00 a.m. Eastern Time. To access the teleconference, please dial (973) 582-2854 ten minutes prior to the start of the call. A live webcast of the teleconference will be available on the investor relations section of the Company’s Web site at www.coxradio.com.

A replay of the teleconference will be available through Wednesday, March 11, 2008 and can be accessed by dialing (800) 642-1687 (U.S.) or (706) 645-9291 (Int’l), passcode 80529943. The webcast will also be archived on the Company’s Web site for 30 days.

Cox Radio’s earnings press release will contain certain non-GAAP financial measures including station operating income and free cash flow. A reconciliation of these non-GAAP financial measures to the most directly comparable GAAP measures will be provided in the earnings release and will be posted on the Company’s Web site at www.coxradio.com under the investor relations section.