Media Advisory

Bear Stearns Media Conference Presentation

Indianapolis…Jeff Smulyan, Emmis Communications Corporation (Nasdaq: EMMS) Chairman and CEO, and Walter Berger, EVP/CFO, will be speaking at Bear Stearns 16th Annual Media, Entertainment & Information Conference.

They will be presenting at 11:15 a.m. Eastern on Monday, March 3, 2003. You can listen LIVE by visiting the Emmis homepage, www.emmis.com.