CC Media Holdings and Clear Channel Outdoor Set Date for Third Quarter 2009 Earnings Release

CC Media Holdings, Inc. (OTCBB: CCMO) and Clear Channel Outdoor Holdings, Inc. (NYSE: CCO) confirmed today that both companies will release third quarter 2009 financial results after the market closes on Monday, November 9, 2009. The companies will not be hosting a conference call or webcast.

For further information contact Lisa Dollinger, Chief Communications Officer, at (210) 822-2828 or visit our web sites at www.clearchannel.com and www.clearchanneloutdoor.com.

About CC Media Holdings, Inc.

CC Media Holdings, Inc., the parent company of Clear Channel Communications, Inc. and Clear Channel Outdoor Holdings, Inc., is a global media and entertainment company specializing in mobile and on-demand entertainment and information services for local communities and premiere opportunities for advertisers. The company's businesses include radio and outdoor displays.

About Clear Channel Outdoor Holdings, Inc.

Clear Channel Outdoor Holdings, headquartered in San Antonio, Texas, is a global leader in the outdoor advertising industry providing clients with advertising opportunities through billboards, street furniture displays, transit displays, and other out-of-home advertising displays.

About Clear Channel Communications

Clear Channel Communications, Inc. is a global media and entertainment company specializing in mobile and on-demand entertainment and information services for local communities and premiere opportunities for advertisers. Based in San Antonio, Texas, the company's businesses include radio and outdoor displays. More information is available at www.clearchannel.com.

Certain statements in this release could constitute "forward-looking statements” within the meaning of the Private Securities Litigation Reform Act of 1995. Such forward-looking statements involve known and unknown risks, uncertainties and other factors which may cause the actual results performance or achievements of the companies described herein to be materially different from any future results, performance or achievements expressed or implied by such forward-looking statements. Other key risks are described in the reports filed by CC Media Holdings, Inc. Clear Channel Communications, Inc and Clear Channel Outdoor Holdings, Inc with the U.S. Securities and Exchange Commission. Except as otherwise stated in this news announcement, none of CC Media Holdings, Inc., Clear Channel Communications, Inc. or Clear Channel Outdoor Holdings, Inc. undertakes any obligation to publicly update or revise any forward-looking statements because of new information, future events or otherwise.