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Radio One, Inc. 2003 Fourth Quarter and Full Year Results Conference Call and Guidance Update

WASHINGTON, Jan 8, 2004 (BUSINESS WIRE) -- Radio One, Inc. (NASDAQ:ROIAK and ROIA) will be holding a conference call for investors, analysts and other interested parties to discuss its results for the fourth fiscal quarter of 2003.

The conference call is scheduled for Tuesday, February 10, 2004 at 10:00 a.m. Eastern Time. Interested parties should call 1-630-395-0021 at least five minutes prior to the scheduled time of the call and give the passcode "Radio One." The conference call will be recorded and made available for replay from 12:00 p.m. the day of the call until 11:59 p.m. Eastern Time the following day. Interested parties may listen to the replay by calling 1-402-220-3483.

Access to live audio and replay of the conference call will also be available on Radio One's corporate website at www.radio-one.com. The replay will be made available on the website for seven business days after the call.

For the fourth quarter of 2003, Radio One expects to exceed its previous guidance outlined in its third quarter results press release and conference call and report a slight growth in net revenue and growth in station operating profit in the mid-single digit range.

Radio One, Inc. (www.radio-one.com) is the nation's seventh largest radio broadcasting company (based on 2002 net broadcast revenue) and the largest company that primarily targets African-American and urban listeners. Pro forma for all announced acquisitions, Radio One owns and/or operates 67 radio stations located in 22 urban markets in the United States and reaches approximately 13 million listeners every week. Radio One also programs five channels on the XM Satellite Radio Inc. system and owns approximately 40% of TV One, LLC, an African-American targeted cable channel, which is a joint venture with Comcast Corporation.

SOURCE: Radio One, Inc.

Radio One, Inc. Scott R. Royster, 301-429-2642