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

NASSAU BROADCASTING TO ACQUIRE 10 VOX RADIO STATIONS

PRINCETON, NEW JERSEY- Nassau Broadcasting Holdings, Inc. has agreed to acquire ten New England radio stations, owned by Vox Radio Group for consideration totaling $22,000,000.

Consisting of 7 FM and 3 AM stations, a full list of the properties to be acquired is appended.

This transaction brings the total to 33 stations that Nassau has agreed to acquire in New England, making the company the largest station owner in the in the region’s history.

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

The transaction is subject to the approval of the Federal Communications Commission.

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

Dick Foreman of Richard Foreman Associates, Inc. initiated the transaction, serving as exclusive broker to the deal.