Emmis Announces Promotions in Emmis Radio

Maki to oversee new Austin stations; Federman to expand role in LA

Indianapolis…Emmis Communications Corporation (NASDAQ: EMMS) today announced that Val Maki, Senior Vice President/Los Angeles Market Manager, has been promoted to Emmis Radio Vice President. In her new role, Maki’s responsibilities will expand to oversee operations not only in Los Angeles, but also in the newly-acquired Austin market.

“Val has demonstrated a remarkable ability these past 20 years to drive performance in every job she’s held at Emmis,” Emmis Radio President Rick Cummings said. “She came to Los Angeles a few years ago and helped make a good Emmis operation a great one. She has done this repeatedly and with a tremendous respect for, and understanding of, our unique culture. Austin is a very important acquisition for this company and I’m thrilled to have one of Emmis’ best on the case.”

Maki joined Emmis in 1984. She has since held various positions in sales and management including Co-op Vendor Director for WLOL-FM Minneapolis; VP/Corporate Sales Development; VP/General Sales Manager at WCDJ in Boston; VP/General Sales Manager at WKQX in Chicago. She has been VP/GM for Emmis’ LA radio stations since June of 1998.

Maki also announced that Jeff Federman, Director of Sales for Emmis Radio Los Angeles since February 1999, has been promoted to Vice President/Director of Sales for Emmis Radio Los Angeles. In his new role, Federman will help oversee day-to-day responsibilities for the Emmis Radio-LA cluster, given Maki’s new responsibilities. “In addition to overseeing an amazing sales effort in LA, Jeff has already made significant contributions to the stations’ overall operations,” Maki noted.

The promotions are effective immediately. Emmis Los Angeles includes KPWR-FM (Power 106) and KZLA-FM (93.9, Country). The soon-to-be acquired Austin stations include: KLBJ-AM (590 News-Talk), KLBJ-FM (93.7 Rock), KGSR-FM (107.1, Adult Alternative), KROX-FM (101.5 Alternative), KEYI-FM (103.5 Oldies), and KXMG-FM (93.3, CHR). Pending various approvals, the transaction is expected to close in Emmis’ 2nd quarter.