October 10, 2006 - New York, NY

Interep President and COO George Pine to Leave Company

Interep (IREP.PK) today announced that George Pine will leave his position as President and Chief Operating Officer of Interep, effective immediately. Pine has taken a Voluntary Separation Agreement, which was offered in August to Interep employees over the age of 50 years old. 

Ralph Guild, Chairman/CEO of Interep, said, "George has been an asset to our company for over 30 years. He led our company at a time of tremendous change within our medium and should be commended for resilience in the face of challenge. George is truly one of the top executives in our industry. We wish him all the best in his future endeavors and are grateful to him for his leadership, dedication and service through the years."

Pine said, "My decision to leave Interep after 33 years was very difficult. I have lived every day at Interep full of passion for the company, our clients, our customers and my co-workers. But I am truly looking forward to taking this next step in my life." He added, "There are too many people to name who I want to thank for making my years at Interep so meaningful. I believe there are many opportunities ahead for both Interep and for our industry. I look forward to participating in radio's next phase of growth."

A successor to Pine has not yet been named. Ralph Guild will temporarily oversee Pine's responsibilities. The company has hired an executive search firm, and expects to announce its plans to fill the position, internally or externally, by the end of the year.

About Interep

Interep (IREP.PK) is the nation's largest independent advertising sales and marketing company specializing in radio, the Internet, television and complementary media, with offices in 17 cities. Interep is the parent company to the following radio representation firms: ABC Radio Sales, D&R Radio, CBS Radio Sales, McGavren Guild Radio, and SBS/Interep. Interep is also parent to Azteca America Spot Television Sales and Interep Interactive, including Winstar Interactive. Divisions benefiting our clients and customers include our unwired network radio division, Interep Net Solutions™, Interep Innovations, our business development division, including the Interep Marketing Group (IMG) and Promotion Marketing; and Morrison and Abraham, a sales consulting firm. For more information, visit the company's website at http://www.interep.com

.