Interep Announces Discontinuation of National Radio Representation for Radio One Stations

Interep Announces Discontinuation of National Radio Representation for Radio One Stations

NEW YORK, Sept. 6 /PRNewswire-FirstCall/ -- Interep (BULLETIN BOARD: IREP) announced today that Radio One and Interep have terminated their national radio representation partnership, effective today.

"We have had a long, successful partnership with Radio One. They have always supported and been an integral part of our ongoing efforts to educate the ad community about the importance of Urban Radio. We remain more committed than ever to serving our current partners in the important Urban community," said George Pine, President/ COO of Interep. "We regret their decision to move the portion of their stations represented by Interep to another rep firm. While we understand their desire to consolidate all of their stations under one national rep, we believe Interep is the best home for independent broadcasters and offers them the best prospects for long-term growth."

"Although we have always valued our relationship with Radio One, the truth is that their stations represented less than 4 percent of our 2004 total commission revenue," added Pine. "Interep continues to add new stations to our roster so we are confident that we will replace this revenue with additional clients in the near future."

About Interep:

Interep (OTC Bulleting Board: IREP) is the nation's largest independent advertising sales and marketing company specializing in radio, the Internet and complementary media, with offices in 17 cities. Interep is the parent company of ABC Radio Sales, Infinity Radio Sales, and the Freedom Radio Group, which includes D&R Radio, McGavren Guild Radio, SBS/Interep and Susquehanna Radio Sales. Interep Interactive is the company's interactive representation and web publishing division specializing in the sales and marketing of on-line advertising, including streaming media. Interep Interactive includes Winstar Interactive, Cybereps and Perfect Circle Media. The Event Shop is Interep's event marketing group. In addition, Interep provides a variety of support services, including: consumer and media research, sales and management training, promotional programs and unwired radio "networks." Clients also benefit from Interep's new business development team, the Interep Marketing Group, as well as Morrison and Abraham, Interep's sales consulting division focusing on non-traditional revenue. For more information, visit the company's website at www.interep.com.

Contact: Michele Skettino Phone: 212-916-0536 e-mail: Michele_skettino@interep.com

Source: Interep

CONTACT: Michele Skettino of Interep, +1-212-916-0536, Michele_skettino@interep.com

Web site: http://www.interep.com/

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