iHeartMedia 2003 Annual Report Download - page 111

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IN WITNESS WHEREOF, the parties hereto have duly executed and delivered
this Agreement as of the date first above written.
CLEAR CHANNEL COMMUNICATIONS, INC.
By: /s/ RANDALL T. MAYS
--------------------------------------------
Name: Randall T. Mays
Title: Executive Vice President and Chief Financial
Officer
EXISTING SHAREHOLDERS:
/s/ L. LOWRY MAYS
-----------------------------------------------
L. Lowry Mays
NEW SHAREHOLDERS:
HICKS, MUSE, TATE & FURST EQUITY FUND II, L.P.
By: HM2/GP Partners, L.P., its general partner
By: Hicks, Muse GP Partners, L.P., its general partner
By: Hicks, Muse Fund II Incorporated, its general partner
By: /s/ DAVID W. KNICKEL
--------------------------------------------
Name: David W. Knickel
Title: Vice President, Treasurer and Secretary
HM4/CHANCELLOR, L.P.
By: Hicks, Muse Fund IV LLC, its general partner
By: /s/ DAVID W. KNICKEL
--------------------------------------------
Name: David W. Knickel
Title: Vice President, Treasurer and Secretary
2