Clear Channel Declares Cash Dividend On Common Stock

(CelebrityAccess News Service) – Clear Channel Communications shareholders of common stock will receive a quarterly cash dividend of
10 cents per share. The dividend is payable on April 15, 2004, at the close of business on March 31, 2004.

This is the third consecutive quarter that Clear Channel Communications shareholders will receive cash dividends. — Jane Cohen and Bob Grossweiner

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