FIRST QUARTER CONFERENCE CALL

On Tuesday, June 26, 2001 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 1.888.391.3141 (international # is 1.415.228.4564)

DATE/TIME: Tuesday, June 26, 2001

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 from

Tuesday, June 26 noon through Tuesday, July 3rd 6 p.m. Eastern by dialing 1.800.469.5439 or 1.402.220.2278

Investors have the opportunity to listen to the conference call over the Internet through the EMMIS site, www.emmis.com. To listen to the live call, please go to the web site at least fifteen 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 sites shortly after the call.

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

Kate Healey, Media & Investor Relations,
317.684.6576 // Khealey@EMMIS.com