Emmis Announces Q4 Earnings Call

On Friday, May 11, 2007, Emmis Communications will host a conference call to discuss fourth-quarter and year-end earnings. Emmis Chairman/Chief Executive Officer Jeff Smulyan and Chief Financial Officer Patrick Walsh will host the call.

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

DATE/TIME Friday, May 11, 2007

Eastern 9 a.m.

Central 8 a.m.

Mountain 7 a.m.

Pacific 6 a.m.

CALL NAME/PASSCODE Emmis Communications


Patrick Walsh

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 6 p.m. on

Friday, May 18 by dialing 1.203.369.3658.

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.

If you have any questions or need further clarification, please contact:

Kate Snedeker, kate@emmis.com, 317.684.6576