Atlanta, June 30, 2008 – Cox Radio (NYSE:CXR) announced today that it will release financial results for the second quarter ended June 30, 2008 on Wednesday, July 30, 2008 before U.S. market hours.

The Company will host a teleconference to discuss its financial results on Wednesday, July 30 at 11:00 a.m. Eastern Time. To access the teleconference, please dial (973) 582-2854 ten minutes prior to the start of the call. A live webcast of the teleconference will be available on the investor relations section of the Company's Web site at www.coxradio.com.

A replay of the teleconference will be available through Wednesday, August 6, 2008 and can be accessed by dialing (800) 642-1687 (U.S.) or (706) 645-9291 (Int'l), passcode 53782076. The webcast will also be archived on the Company's Web site for 30 days.

Cox Radio's earnings press release will contain certain non-GAAP financial measures including station operating income and free cash flow. A reconciliation of these non-GAAP financial measures to the most directly comparable GAAP measures will be provided in the earnings release and will be posted on the Company's Web site at www.coxradio.com under the investor relations section.

About Cox Radio
Cox Radio is one of the largest radio companies in the United States based on revenues. Upon the completion of all announced transactions, Cox Radio will own, operate or provide sales or marketing services for 86 stations (71 FM and 15 AM) clustered in 19 markets, including major markets such as Atlanta, Houston, Miami, Orlando, San Antonio and Tampa. Cox Radio shares are traded on the New York Stock Exchange under the symbol: CXR.

Contact:

Andres Ortega Brainerd Communicators, Inc. 212-986-6667