Date:	March 29, 2004
Contact:	Tristram Collins, EVP, Operations and Finance
Phone:	(609) 924-1515

NASSAU BROADCASTING ACQUIRES THREE VOX RADIO GROUP FM's

PRINCETON, NEW JERSEY- Nassau Broadcasting Holdings Inc. acquired three Concord , NH area FM properties, owned by Vox Radio Group.

In the deal, WOTX (FM) 102.3 mHz [Country]; WJYY (FM) 107.1 mHz [CHR] and WNHI (FM) [Classic Rock] were acquired from Vox for $9,000,000 in cash. This transaction brings to 20 stations that Nassau has agreed to acquire in the Northeast.

Recently, Nassau announced has several New England transactions in the Portland , Maine ; Laconia , New Hampshire and Nashua , New Hampshire areas.

Nassau is headed by Louis Mercatanti, Jr, President while Vox is headed by Bruce Danzinger, President and Jeffery Shapiro, CEO.

Dick Foreman of Richard Foreman Associates, Inc. initiated the transaction, serving as exclusive broker representing Vox Radio Group. Glenn Serafin of Serafin Brothers advised Nassau.