Citadel Broadcasting Corporation to Report 2010 Fourth Quarter Results in Teleconference Call on Wednesday, March 30, 2011

Citadel Broadcasting Corporation announced today that it will report earnings for the 2010 fourth quarter on Wednesday, March 30, 2011. The Company will conduct a teleconference call at 8:30 a.m. ET following the release of the earnings report. The call is open to the general public.

The conference call number is (877) 762-8216 for domestic and (973) 200-3982 for international callers – Conference ID# 52961723. Please call five minutes in advance to ensure that you are connected prior to the presentation.

Digitized replays are scheduled from March 30, 2011 at 12:00 p.m. ET through April 6, 2011 at 11:59 p.m. ET. The digitized replay number is (800) 642-1687. The international replay number is (706) 645-9291.

Investors will have the opportunity to submit questions to the Company regarding the earnings release by emailing their inquiries to irquestions@citcomm.com. Questions should be sent no later than 20 minutes prior to the call.

Information related to the call will be available on the Company’s website www.citadelbroadcasting.com on Wednesday, March 30, 2011 prior to the call.

Citadel Broadcasting Corporation is the third largest radio group in the United States, with a national footprint reaching more than 50 markets. Citadel is comprised of 166 FM stations and 59 AM stations in the nation’s leading markets, in addition to Citadel Media, which is one of the largest radio networks in the United States. For more information visit www.citadelbroadcasting.com.