Market Overview

Entercom Enters into Definitive Agreement to Complete the Final U.S. Department of Justice Required Dispositions Relating to CBS Radio Merger

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Entercom Communications Corp. (NYSE:ETM), a leading media and
entertainment company and one of the two largest radio broadcasters in
the U.S., today announced a definitive agreement to sell certain radio
stations in San Francisco and Sacramento to Bonneville International
Corporation ("Bonneville") for $141 million in cash. The stations being
disposed have been held in an FCC disposition Trust and have been
operated by Bonneville under Local Marketing Agreements ("LMA") since
the closing of the Company's merger with CBS Radio, Inc. These stations
are:

               
Market Station Format
San Francisco KMVQ-FM Top 40
San Francisco KBLX-FM Urban Adult Contemporary
San Francisco KOIT-FM Adult Contemporary
San Francisco KUFX-FM Classic Rock
Sacramento KHTK-AM Sports
Sacramento KNCI-FM Country
Sacramento KYMX-FM Adult Contemporary
Sacramento KZZO-FM Hot Adult Contemporary
 

This transaction, which is expected to close this year either late in
the 3rd quarter or early in the 4th quarter, will
complete the dispositions required by the U.S. Department of Justice in
connection with the Company's merger with CBS Radio, Inc.

About Entercom Communications Corp.

Entercom Communications Corp. (NYSE:ETM) is a leading American media
and entertainment company reaching and engaging over 100 million people
each week through its premier collection of highly rated, award winning
radio stations, digital platforms and live events. As one of the
country's two largest radio broadcasters, Entercom offers integrated
marketing solutions and delivers the power of local connection on a
national scale with coverage of close to 90% of persons 12+ in the top
50 markets. Entercom is the #1 creator of live, original, local audio
content and the nation's unrivaled leader in news and sports radio.
Learn more about Philadelphia-based Entercom at 
www.entercom.com,
Facebook and Twitter (@Entercom).

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