Emmis Communications

Overview:

The Emmis Story One of the nation's most respected diversified communications companies, Emmis Communications (NASDAQ:EMMS) owns and operates radio, television and magazine entities in large and medium-sized markets throughout the U.S., Europe and Latin America. Among its peers, Emmis is as well-known for its vitally creative corporate culture as its operations. Aggressive, knowledgeable and deeply committed to each of the communities in which it operates, Emmis promotes a company-wide "Open Door" attitude that encourages the sharing of opinions and perspectives. The company's logo - a large "e" pushing outside the boundaries of a box - exemplifies the company philosophy of encouraging creativity and new approaches. Emmis Communications Corporation (formerly Emmis Broadcasting) was incorporated in Indiana in 1979 when Founder and Chairman Jeff Smulyan purchased WSVL, a small and largely unused FM station in Shelbyville, Indiana. From the outset, Smulyan's intent was to build a tower near Indianapolis and broadcast a competitive signal into the market. After difficulty and delays, his vision was realized when the station went on the air July 4, 1981 with new call letters - WENS - and an adult contemporary format. Immediately successful, WENS, Emmis' flagship station, continues to be a strong competitor in the Central Indiana market. Building on his WENS success, Mr. Smulyan went on to create the nation's first 24-hour all-sports radio station (New York City's WFAN); the first rhythmic Top 40 station (KPWR 106 in LA); and the first adult classic soul station (KISS-FM in New York). Emmis also became the first company to own the top-rated radio stations in LA and New York simultaneously. In 1997, Emmis became the only American company awarded a national license to operate in Hungary. The resulting network, Sláger Rádío, now reaches 4 million of Hungary's 11 million citizens.

Culture:

The EMMIS culture carries at its heart the belief that, in order to succeed, a company must take risks, treat its people well and give them the tools they need to win. It has earned EMMIS a reputation as a fun, exciting, and innovative company where every individual is part of the team.

Career Opportunities:

EMMIS TO PRESENT AT B OF A CONFERENCE Emmis to Present at the 2006 Bank of America Securities Media, Telecommunications and Entertainment Conference Indianapolis...Emmis Communications Corporation (NASDAQ: EMMS) Chairman and CEO Jeff Smulyan will be presenting Thursday, March 30 at the 2006 Bank of America Securities Media, Telecommunications and Entertainment Conference. Smulyan’s presentation will be at 8:50 a.m. (Eastern). A live audio stream of the presentation will be accessible by visiting the Emmis website, www.emmis.com. Emmis Communications – Great Media, Great People, Great Service® Emmis is an Indianapolis-based diversified media firm with radio broadcasting, television broadcasting and magazine publishing operations. Emmis owns 23 FM and 2 AM domestic radio stations serving the nation's largest markets of New York, Los Angeles and Chicago as well as Phoenix, St. Louis, Austin, Indianapolis and Terre Haute, IN. In May 2005, Emmis announced its intent to seek strategic alternatives for its 16 television stations, and the Company has sold 13 of them. In September the Company announced it had signed an agreement to sell St. Louis radio station WRDA-FM. Emmis owns a radio network, regional and specialty magazines and international radio stations.

Products:

One of the nation's most respected diversified communications companies, Emmis Communications (NASDAQ: EMMS) owns and operates radio, television and magazine entities in large and medium sized markets throughout the U.S. Emmis is the 7th largest radio group in the U.S. and has been voted the Most Respected Radio Company in a poll of industry CEOs. Over the last two decades, Emmis has created one of the most unique work environments in the communications industry - the Emmis Culture. The envy of many of our peers, this culture carries at its heart the belief that, in order to succeed, a company must take risks, treat its people well and give them the tools they need to win. It has earned us a reputation as a fun, exciting and innovative company where every individual is a part of the team. Every employee is a stockholder at Emmis. The Emmis culture breeds creativity and innovation. Employees at every level are encouraged to think out of the box, experiment, and contribute.

Contact:

Mailing address: EMMIS Communications One EMMIS Plaza 40 Monument Circle, Suite 700 Indianapolis, IN 46204 Email address: [email protected] Voice: 317.266.0100 Email address: [email protected]