Ryan Seacrest Expands Clear Channel Radio Relationship with New Venture and Continued Partnership

New Daily Radio Program Hosted by Seacrest Goes National with Multiplatform Distribution

Renews Contract with 102.7 KIIS-FM and Premiere Radio Network

SAN ANTONIO, February 28, 2008 – Clear Channel Radio and Ryan Seacrest announced today they are partnering to bring a new entertainment news program to radio audiences nationally. The new three-hour syndicated program, On Air with Ryan Seacrest, is set to launch this spring and will be broadcast live from E! Studios in Hollywood. The program will focus on all aspects of the entertainment industry, highlighting top talent from the worlds of music, film and television, and will be available for air daily, between 10 a.m. and 7 p.m. local time. Seacrest and Clear Channel Radio will develop original content for the program for national and international distribution across audio, video and online platforms. It is a multi-platform deal in which Seacrest develops on-air content, hosts the program, distributes some elements across other platforms, and provides a portion of integrated advertising options. This new venture, and continued partnership, further solidifies Seacrest’s position as the ultimate resource for pop culture and entertainment.

In conjunction with the new deal, there will be a re-launch of RyanSeacrest.com tied specifically to the new national program. It will be the one universal place for listeners of all affiliates to interact and connect with the daily show, and will become their source for daily entertainment and lifestyle news. They will also be able to view live, streamlined videos and photos, as well as participate in social networking. All content will be controlled by Ryan Seacrest Productions (RSP).

Additionally, Seacrest has renewed deals to continue as host of American Top 40 with Ryan Seacrest, which is nationally syndicated by Premiere Radio Networks, and On Air with Ryan Seacrest, his top-rated daily radio program which airs from 5:00 -10:00 a.m. PT on Clear Channel Radio’s 102.7 KIIS-FM in Los Angeles.

“Ryan has taken American Top 40 to new heights, and we can’t wait to hear what else he will bring to the show as he continues as host,” said Charlie Rahilly, President of Premiere Radio Networks. “Ryan’s talent and motivation are recognized industry-wide, and without a doubt, drive his success!”

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Over the past three years, On Air with Ryan Seacrest at KIIS-FM has been the most-listened-to program in Southern California (Source: Arbitron MSA, Cume). The program consistently wins every female demo from 12-17 to 35-44. American Top 40 hit a broadcasting milestone of nearly 500 stations worldwide last year and continues to rank number one in New York, Los Angeles, Boston, Detroit and Minneapolis within its target demo of Adults 18-34 (Source: Arbitron MSA, Fall 2007, Exact times, Cume).

“This unique opportunity to create programming in collaboration with a game-changer like Ryan is an intriguing extension to our already fantastic working relationship with him, and we are thrilled that this new content will be accessible via all forms of radio,” said Greg Ashlock, President/Market Manager for Clear Channel Radio Los Angeles. “Ryan is great for radio because he finds a genuine way to connect with his audience every time he cracks open the microphone, and is one of the reasons KIIS-FM is back on top.”