Press Release

January 10, 2008 - New York, NY

McGavren Guild Radio Signs Agreement to Represent Perry Broadcasting Stations in Augusta, GA

Interep (IREP.PK) announced today that McGavren Guild Radio Sales has signed an agreement to provide national sales representation to five Perry Broadcasting stations in Augusta, GA: WFXA-FM (urban), WTHB-AM/FM (gospel), WAKB-FM (urban a/c) and WAEG-FM (jazz). Perry recently acquired the five stations from Radio One.

Lisa Sirotka-Sonnenklar, President, McGavren Guild Radio Sales, said, “We have been working with Perry Broadcasting in three markets in Oklahoma, so we are delighted to be expanding our relationship with them as they build a strong presence in Augusta. We look forward to continuing to help Perry build its share of national ad dollars in the Augusta market.

Kevin Perry, VP/COO, Perry Broadcasting, added, “We are tremendously excited about entering the Augusta market. We are confident that we will significantly grow our share of audience for our five Augusta stations through a focused, dedicated effort to provide localized service to the community. With McGavren-Guild as our national sales partner, we are additionally confident that our share of ad dollars will reflect what we expect to be our growing share of audience.

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, Hispanic Independent Television Sales (HITS), and Interep Interactive, including Winstar Interactive. Divisions benefiting our clients and customers include our unwired network radio division, Interep NetSolutions™, 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.

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