Emmis Announces Q1 Earnings Call and Annual Shareholder Meeting

Emmis Announces Q1 Earnings Call and Annual Shareholder Meeting

On Tuesday, June 28, 2005, Emmis Communications will host a conference call to discuss first quarter earnings. Emmis Chairman/Chief Executive Officer Jeff Smulyan and Executive Vice President/Chief Financial Officer Walter Berger will host the call.

To access this conference call, please dial 1.517.623.4891, or listen online at www.emmis.com

DATE/TIME Tuesday, June 28, 2005

Eastern 9 a.m.

Central 8 a.m.

Mountain 7 a.m.

Pacific 6 a.m.

CALL NAME/PASSCODE Emmis Communications

MODERATORS Jeff Smulyan

Walter Berger

PLEASE NOTE To facilitate call entry, we recommend that you place your call five minutes before the scheduled start time.

CALL PLAYBACK A digital playback of the call will be available until midnight on

Tuesday, July 5 by dialing 1.203.369.3449.

Investors have the opportunity to listen to the conference call over the Internet through the Emmis website, www.emmis.com. To listen to the live call, please go to the website at least 15 minutes early to register, download and install any necessary audio software. For those who cannot listen to the live broadcast, a replay will be available on the site shortly after the call.

Emmis also announced that its Annual Shareholder Meeting is scheduled for 10 a.m. (central) on Wednesday, July 13, at Emmis’ Corporate headquarters in Indianapolis.

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