Citadel Discontinues Earnings Calls and the Issuance of Earnings Releases Through the End of 2009

LAS VEGAS--(BUSINESS WIRE)-- Citadel Broadcasting Corporation (OTCBB:CTDB) announced today that the Company has discontinued holding quarterly earnings calls and will no longer issue quarterly earnings releases through at least the end of 2009.

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Citadel Broadcasting Corporation is the third largest radio group in the United States, with a national footprint reaching more than 50 markets. Citadel is comprised of 165 FM stations and 58 AM stations in the nation's leading markets, in addition to Citadel Media, which was formerly identified as ABC Radio Network, one of the three largest radio networks in the United States. For more information visit www.citadelbroadcasting.com.

    Source: Citadel Broadcasting Corporation