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14 August 2000

Lasting Value Aquires KCLW

Martin Media Pres. Charles Martin (L) & Lasting Value CEO Meredith Beal

Hamilton, TX -- Charles Martin, President of Martin Media reached an agreement with Lasting Value Chairman & CEO Meredith Clayton Beal to sell radio station KCLW-AM to Lasting Value Broadcasting Group, Inc.

The station, known as Classic Country, is a grandfathered, clear-channel signal at the 900KHz frequency-- a rare property. The current programming is Country Gold/Western Swing. Hamilton is located about 90 miles northwest of Austin. The signal reaches Fort Worth, Dallas, Waco, Killeen, Lampasas, San Angelo, Fredericksburg, Johnson City and parts of Austin, TX.

"This station will provide a great foundation for our activities in this area," says Beal.² ³It's strong reach in one of the fastest-growing areas in the country opens up endless possibilities."

Texas Monthly magazine recently named KCLW ³Texas¹ best round-the-clock retro country format² and Martin was picked by the Gene Autry Western Association as Best Country Announcer of 2000.

KCLW's current staff will stay in place and Martin has agreed to stay on as GM for a year.

Welcome KCLW to the Lasting Value Radio Network.

For more information contact Lasting Value at 512.257.2831