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Clear Channel Outdoor Holdings, Inc. Ceo, William Eccleshare To Present At The J.p. Morgan Global Technology, Media And Communications Conference

San Antonio, TX, May 9, 2019:  Clear Channel Outdoor Holdings, Inc., (NYSE:CCO) announced today that William Eccleshare, Chief Executive Officer of Clear Channel Outdoor Holdings, Inc., is scheduled to present at the J.P. Morgan 47th Annual Global Technology, Media and Communications Conference in Boston on Wednesday, May 15, 2019 at 4:20 p.m. Eastern Time.  The live audio webcast as well as the replay will be available on Clear Channel Outdoor Holdings’ investor website at www.investor.clearchannel.com.

About Clear Channel Outdoor Holdings
Clear Channel Outdoor Holdings, Inc. (NYSE: CCO) is one of the world’s largest outdoor advertising companies with a diverse portfolio of 450,000 print and digital displays in 31 countries across Asia, Europe, Latin America and North America, reaching millions of people monthly. A growing digital platform includes over 13,500 digital displays in its international markets and more than 1,200 digital billboards across 28 markets in the U.S.

Comprised of two business divisions – Clear Channel International (CCI), covering markets in Asia, Europe and Latin America, and Clear Channel Outdoor Americas (CCOA), the U.S and Caribbean business division – CCO employs 5,600 people globally. More information is available at www.investor.clearchannel.comwww.clearchannelinternational.com and www.clearchanneloutdoor.com

For further information, please contact:

Investors:

Eileen McLaughlin
Vice President, Investor Relations
(212) 377-1116
investorrelations@clearchannel.com

Press:

Lucy Puddefoot
Head of PR & Communications
Clear Channel International
+44(0) 7525 731 733
lucypuddefoot@clearchannel.com

 

Jason D. King,
SVP, Corporate Communications & Marketing
Clear Channel Outdoor Americas
212.812.0064, 
jasondking@clearchannel.com

 

Clear Channel Outdoor Holdings Starts Trading as Independent Company

* Clear Channel Outdoor Holdings, Inc. completes separation from iHeartMedia, Inc. to become an independent company  

* Marks a new chapter for the company, which will be led by Worldwide CEO William Eccleshare and CCOH’s newly appointed board of directors

* The company begins trading during time of strong growth for the Out-of Home (OOH) industry, with recent figures showing digital OOH growth is expected to outpace that of online advertising

New York, NY – Clear Channel Outdoor Holdings, Inc. (NYSE: CCO), one of the world’s leading outdoor advertising companies, today completed its separation from iHeartMedia, Inc., to become an independent company with its own board of directors. The common stock of the outdoor advertising company will continue trading on the New York Stock Exchange under the ticker symbol “CCO.”

CCOH is the holding company for Clear Channel International (CCI), which covers markets across Asia, Europe and Latin America, and Clear Channel Outdoor Americas (CCOA), which includes markets in the United States and Caribbean. The two will continue to operate as separate business divisions.

The news comes as recent figures show that out of home has consistently outgrown other traditional advertising media (4.1%), with the growth of digital out of home (19.1%) even out pacing online (9.6%).[1]

William Eccleshare, Worldwide CEO of Clear Channel Outdoor Holdings, will mark the new chapter for the company by ringing the opening bell above the trading floor at the New York Stock Exchange on May 2.

“Today marks a significant milestone for our company. This new chapter provides us with the mandate and stability to continue to invest in the transformation of out of home, while ensuring that we continue to hold our position as a market leader in a fast moving and dynamic industry,” Eccleshare said.

“I am excited to lead Clear Channel Outdoor Holdings as we embrace our new-found position as an independent company, and build on the strong results both our CCI and CCOA divisions delivered last year.”

Ben Moreland, Chair of the Board for CCOH, added: “I have joined CCOH at a very exciting time for the company. Our new board has a wealth of global experience from diverse and complimentary backgrounds including the tech, data, and advertising industries and the financial expertise to support CCOH as it continues to drive the best customer solutions and innovations for out of home. I believe this positions us very well to deliver for customers and shareholders going forward, and speaking for the whole Board, we are excited to be part of this next chapter.”

CCOH is one of the world’s biggest outdoor advertising companies with more than 450,000 displays in 31 countries worldwide, and in 2018 had revenues of $2.72 billion.

CCOH’s separation from parent company iHeartMedia Inc., was announced in December 2018 as part of iHeartMedia’s financial restructuring process, with CCOH board appointments published in January of this year.

 ###

Notes to Editors

[1] according to figures from Magna Media Forecast (April 2019).

About Clear Channel Outdoor Holdings
Clear Channel Outdoor Holdings, Inc. (NYSE: CCO) is one of the world’s largest outdoor advertising companies with a diverse portfolio of 450,000 print and digital displays in 31 countries across Asia, Europe, Latin America and North America, reaching millions of people monthly. A growing digital platform includes over 13,500 digital displays in its international markets and more than 1,200 digital billboards across 28 markets in the U.S.

Comprised of two business divisions – Clear Channel International (CCI), covering markets in Asia, Europe and Latin America, and Clear Channel Outdoor Americas (CCOA), the U.S and Caribbean business division – CCO employs 5,600 people globally. More information is available at www.investor.clearchannel.com, www.clearchannelinternational.com  and www.clearchanneloutdoor.com

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Contact:
Jason D. King, 212.812.0064, jasondking@clearchannel.com
SVP, Corporate Communications & Marketing
Clear Channel Outdoor Americas

Clear Channel Outdoor Holdings, Inc. Reports Results For 2019 First Quarter

San Antonio, TX, April 24, 2019 – Clear Channel Outdoor Holdings, Inc. (NYSE: CCO) today reported financial results for
the first quarter ended March 31, 2019.

“We have carried our momentum from 2018 into the new year by continuing to focus on our sales execution and strategic growth
initiatives, including building our digital network, expanding our programmatic offerings and enhancing our data analytics,” said Bob Pittman, Executive Chairman and Chief Executive Officer of Clear Channel Outdoor Holdings, Inc. “We’re proud of Clear
Channel Outdoor’s leadership in the growing OOH industry. As they prepare to become a standalone public company led by
CEO William Eccleshare, we believe the new executive team and incoming Board of Directors are poised to capitalize on the
opportunities in the out-of-home medium, which continues to resonate with advertisers and marketers.”

“In the first quarter, our consolidated revenue declined due to the impact of foreign exchange, while operating income and
OIBDAN increased, led by our Americas segment,” said Rich Bressler, Chief Financial Officer of Clear Channel Outdoor
Holdings, Inc. “The strength in the Americas business speaks to the success of our growth initiatives. Looking ahead, Clear
Channel Outdoor is prepared to continue to grow and build on its status as a global market leader through its ongoing investment
in innovative technologies.”

Clear Channel Outdoor Holdings, Inc. Reports Results For 2019 First Quarter

Clear Channel Outdoor Holdings, Inc. Earnings Presentation For 2019 First Quarter

Clear Channel Outdoor Holdings, Inc. Sets Date For 2019 First Quarter Earnings Teleconference

San Antonio, TX, April 16, 2019 —Clear Channel Outdoor Holdings, Inc. (NYSE: CCO), will release 2019 first quarter results before the market opens on Thursday, April 25, 2019 by 7:00am and will host a conference call to discuss results at 8:30 a.m. Eastern Time.

The earnings conference call will not include iHeartMedia, Inc., the indirect parent of Clear Channel Outdoor, as iHeartMedia, Inc. will not hold quarterly conference calls during iHeartMedia’s bankruptcy process.

The conference call number is 1-800-230-1093 (U.S. callers) and 1-612-234-9959 (International callers) and the access code for both is 466576. A live audio webcast of the conference call and the related earnings materials, including reconciliations of any non-GAAP financial measures to GAAP financial measures and any other applicable disclosures, will be available on the investor section of the Clear Channel Outdoor Holdings, Inc. website (www.clearchanneloutdoor.com).

After the live conference call, a replay will be available for a period of thirty days. The replay numbers are 800- 475-6701 (U.S. callers) and 320-365-3844 (International callers) and the access code for both is 466576. An archive of the webcast will be available within 24 hours after the call for a period of thirty days.

About Clear Channel Outdoor Holdings, Inc.

Clear Channel Outdoor Holdings, Inc. (NYSE: CCO) is one of the world’s largest outdoor advertising companies with over 450,000 displays in 31 countries across Asia, Europe, Latin America and North America. Reaching millions of people monthly, including consumers in 44 of the top 50 U.S. markets, Clear Channel Outdoor enables advertisers to engage with consumers through innovative advertising solutions. Clear Channel Outdoor is pioneering the integration of out-of-home with mobile and social platforms, and the company’s digital platform includes more than 1,200 digital billboards across 28 markets in the U.S. and over 13,500 digital displays in international markets. More information is available at www.clearchanneloutdoor.com and www.clearchannelinternational.com.

Media:
Wendy Goldberg
Executive Vice President, Communications (212) 377-1105

Investors:
Eileen McLaughlin
Vice President, Investor Relations (212) 377-1116

Clear Channel Outdoor Holdings, Inc. Reports Results For 2018 Fourth Quarter And Full Year

San Antonio, TX, March 5, 2019 – Clear Channel Outdoor Holdings, Inc. (NYSE: CCO) today reported financial results for the fourth quarter and year ended December 31, 2018.

“Throughout 2018 favorable trends in the out-of-home sector, especially in the U.S., have combined with our strategic initiatives to deliver growth across our businesses,” said Bob Pittman, Executive Chairman and Chief Executive Officer of Clear Channel Outdoor Holdings, Inc. “Our commitment to creating smarter out-of-home advertising solutions by expanding our innovative assets, providing data-backed insights and empowering our sales teams are generating superior results for our advertising partners. We believe these strategic investments will provide Clear Channel Outdoor’s experienced new Board of Directors and strong leadership team with the foundation for future growth and success when it becomes a standalone public company.”

“We are pleased to report consolidated revenue, operating income, and adjusted OIBDAN increased for the full year, including the fourth quarter,” said Rich Bressler, Chief Financial Officer of Clear Channel Outdoor Holdings, Inc. “We believe the steps we have taken to strengthen Clear Channel Outdoor’s operations through the investments in our strategic initiatives and our financial discipline led to the strong results this year and the recent successful refinancing of the $2.2 billion of Senior Subordinated Notes.”

View PDF for full report
View Presentation

Clear Channel Outdoor Holdings, Inc. Announces Chief Financial Officer And General Counsel Appointments

Brian Coleman to Become Chief Financial Officer When Clear Channel Outdoor Holdings Becomes Standalone Public Company; Experienced Financial and Operating Executive Currently Serving as SVP and Treasurer of iHeartMedia, Inc.

Lynn Feldman To Become EVP and General Counsel of Clear Channel Outdoor Holdings, Inc.; Will Also Continue In Her Role as General Counsel for Clear Channel Outdoor Americas

San Antonio, TX and New York, NY – February 25, 2019 – Clear Channel Outdoor Holdings, Inc. (NYSE:CCO), a subsidiary of iHeartMedia, Inc. (PINK: IHRTQ), announced today that Brian Coleman will become Chief Financial Officer of Clear Channel Outdoor Holdings, Inc. (CCOH) when the company becomes a standalone public company upon iHeartMedia’s emergence from its previously announced restructuring process.

Coleman, an experienced financial and operating executive who currently serves as Senior Vice President and Treasurer of iHeartMedia, Inc., oversees the treasury, cash management and risk management functions for both iHeartMedia and CCOH and is directly responsible for management of the companies’ capital structure, liability management and liquidity.  In this new role, Coleman’s new responsibilities as CFO of CCOH will include assisting in the development of global financial strategy for each of the company’s operating divisions; leading all global financial functions, including liquidity management and tax strategies; supporting the capital allocation process; leading all M&A activities; and managing the company’s investor relations strategy, including equity and debt capital market communications.  He will report to William Eccleshare, who will serve as CEO of CCOH upon the companies’ separation.

The company also announced today that Lynn Feldman, currently serving as Executive Vice President and General Counsel of CCOH’s Clear Channel Outdoor Americas (CCOA) division, will become Executive Vice President, General Counsel and Corporate Secretary of CCOH when it becomes a standalone company.  Feldman will advise CCOH’s new Board of directors and senior leadership team on all major transactions, litigation, financial strategies and other critical initiatives; be responsible for the development and execution of the legal strategy and operations that support the company’s business plans; and lead the company’s compliance program.  Feldman, who in this new role will report to William Eccleshare, will also continue in her role as General Counsel for CCOA.  Adam Tow will continue as General Counsel of the International division, reporting into William Eccleshare.

“Our number one priority as Clear Channel Outdoor Holdings prepares to become a standalone company is to build the strong leadership team that can move quickly to position us for growth and success,” said Eccleshare.  “Brian and Lynn both have outstanding track records at Clear Channel over the past several years, and I am confident that they possess the strategic expertise and strong operational experience to enable us to hit the ground running as a newly independent company and emerge as a leader in the global out-of-home market.”

Forward-Looking Statements

This press release includes “forward-looking statements” intended to qualify for the safe harbor from liability established by the Private Securities Litigation Reform Act of 1995. You can identify these statements by the fact that they do not relate strictly to historical or current facts. These statements contain words such as “may,” “will,” “expect,” “believe,” “would,” “estimate,” “continue,” or “future,” or the negative or other variations thereof or comparable terminology. In particular, they include statements relating to, among other things, the proposed restructuring of iHeartMedia, timing to exit Chapter 11 and future outcomes. These forward-looking statements are based on current expectations and projections about future events. Investors are cautioned that forward-looking statements are not guarantees of future performance or results and involve risks and uncertainties that cannot be predicted or quantified, and, consequently, actual results may differ materially from those expressed or implied by such forward-looking statements.

About Clear Channel Outdoor Holdings, Inc.
Clear Channel Outdoor Holdings, Inc. (NYSE: CCO) is one of the world’s largest outdoor advertising companies with over 450,000 displays in 31 countries across Asia, Europe, Latin America and North America. Reaching millions of people monthly, including consumers in 44 of the top 50 U.S. markets, Clear Channel Outdoor enables advertisers to engage with consumers through innovative advertising solutions. Clear Channel Outdoor is pioneering the integration of out-of-home with mobile and social platforms, and the company’s digital platform includes more than 1,200 digital billboards across 28 markets in the U.S. and over 13,000 digital displays in international markets. More information is available at www.clearchanneloutdoor.com and www.clearchannelinternational.com.

Media:
Wendy Goldberg
Executive Vice President, Communications (212) 377-1105

Investors:
Eileen McLaughlin
Vice President, Investor Relations (212) 377-1116

Clear Channel Outdoor Holdings, Inc. Sets Date For 2018 Fourth Quarter And Full Year Earnings Teleconference

San Antonio, TX, February 22, 2019 —Clear Channel Outdoor Holdings, Inc. (NYSE: CCO), will release 2018 fourth quarter and full year results after the market closes on Tuesday, March 5, 2019 and will host a conference call to discuss results at 4:30 p.m. Eastern Time.

The earnings conference call will not include iHeartMedia, Inc., the indirect parent of Clear Channel Outdoor, as iHeartMedia, Inc. will not hold quarterly conference calls during iHeartMedia’s bankruptcy process.

The conference call number is 1-800-230-1074 (U.S. callers) and 1-612-234-9959 (International callers) and the access code for both is 463556. A live audio webcast of the conference call and the related earnings materials, including reconciliations of any non-GAAP financial measures to GAAP financial measures and any other applicable disclosures, will be available on the investor section of the Clear Channel Outdoor Holdings, Inc. website (www.clearchanneloutdoor.com).

After the live conference call, a replay will be available for a period of thirty days. The replay numbers are 800- 475-6701 (U.S. callers) and 320-365-3844 (International callers) and the access code for both is 463556. An archive of the webcast will be available within 24 hours after the call for a period of thirty days.

About Clear Channel Outdoor Holdings, Inc.
Clear Channel Outdoor Holdings, Inc. (NYSE: CCO) is one of the world’s largest outdoor advertising companies with over 450,000 displays in 31 countries across Asia, Europe, Latin America and North America. Reaching millions of people monthly, including consumers in 44 of the top 50 U.S. markets, Clear Channel Outdoor enables advertisers to engage with consumers through innovative advertising solutions. Clear Channel Outdoor is pioneering the integration of out-of-home with mobile and social platforms, and the company’s digital platform includes more than 1,200 digital billboards across 28 markets in the U.S. and over 13,000 digital displays in international markets. More information is available at www.clearchanneloutdoor.com and www.clearchannelinternational.com.

Media:
Wendy Goldberg
Executive Vice President, Communications (212) 377-1105

Investors:
Eileen McLaughlin
Vice President, Investor Relations (212) 377-1116

The Drug Enforcement Administration and the Chicago Crime Commission Launch a Provocative New Billboard Campaign with Clear Channel Outdoor in an Effort to Save Chicagoans from Opioid-Related Deaths & Abuse

Chicago – A partnership was announced today among the U.S. Drug Enforcement Administration (DEA), the Chicago Crime Commission, and Clear Channel Outdoor to highlight a public awareness campaign that addresses the prescription opioid, heroin and fentanyl epidemic that is plaguing the city of Chicago, our state, and our nation.  Provocative and informational drug prevention and treatment messaging has already begun to appear on numerous Clear Channel Outdoor digital billboards in Chicagoland.  This 12-month digital campaign will run on up to 15 digital billboards and on 20 Metra in-station digital displays to promote the prevalence and dangers of opioid abuse.

This collaborative effort between DEA, the Chicago Crime Commission, and Clear Channel Outdoor, is estimated to deliver over 150 million impressions over its 12-month span. The goal is to reach those affected throughout all stages of the fight. These messages target all members of the community, from those in need of prevention programs to those who need help for themselves or a loved one.

In 2017, opioid-related overdose deaths in Illinois exceeded 2,200, with around half of those deaths occurring in the Chicagoland area. Fentanyl is the driving force behind the increase in overdose deaths. According to the Cook County Medical Examiner, in 2017 there were 669 fentanyl-related deaths in Cook County.

In a news conference held earlier today, DEA Chicago’s Associate Special Agent in Charge, Robert J. Bell, and representatives from the Chicago Crime Commission, were joined by Amy Voss, a local advocate in the fight against opioids; Douglas O’Brien, Health and Human Services-Regional Director (Region V); and Kim Bradley-Regional President Clear Channel Outdoor (Midwest) to speak with an audience of reporters and supporters to underscore the need for raising awareness of the opioid crisis across the state of Illinois and the country.

“What we want is to motivate parents and caregivers to talk with their children about the dangers of these deadly substances to prevent experimentation and addiction before it starts.  This campaign offers hope for those who are in the grips of dependence – hope for their families – hope that there is a path to treatment and stability,” said DEA’s Robert J. Bell.

“DEA is very good at identifying and arresting drug traffickers, but law enforcement efforts alone can’t solve the problem. This epidemic needs to be attacked from every angle – catch the bad guys, help those who need it and make sure our children, partners, friends, and neighbors never start misusing drugs,” said J.R. Davis, President and Chairman of the Chicago Crime Commission.

“Opioid abuse is a national epidemic,” said Kim Bradley, Regional President, Clear Channel Outdoor – Midwest.  “We believe the power of out of home media can direct victims and their families to relief or assistance from addiction. Our collaboration with the DEA and the Chicago Crime Commission will drive awareness in our communities of what is now the deadliest drug crisis in American history. We want citizens of Chicago to know that it’s never too late to get help.”

One of the best ways to put the dealers out of business is to take away their customers.   If we are open and honest about how deadly this crisis is, we are more likely to reach that child, friend, or spouse before they take that first hit, that first pill, that first step to addiction. Today’s announcement, and this billboard campaign, will help jump-start that conversation.

Ultravision, Clear Channel Outdoor Americas Partner on Multi-Million Dollar Energy-Saving Initiative across the U.S. for LED Billboard Lighting

DALLAS – FEBRUARY 11, 2019 – Ultravision International, a leading innovator, manufacturer and distributor of LED displays and LED lighting,  partnered with Clear Channel Outdoor Americas (CCOA) (NYSE: CCO), an indirect subsidiary of iHeart Media, Inc., on an LED installation project that drove significant operating savings.

The project included revamping 11,000 display panels in 10 major U.S. cities with LED lights that cut energy consumption by more than 60 percent. More than a dozen Utility companies provided  rebates for the project, as LED retrofits are a major step toward reducing energy demand for the grid, cutting costs, and curbing negative impacts on the environment.

CCOA is one of the largest outdoor advertising companies in the world, and has revamped billboards with state-of-the-art LED lights that have a lifespan of 10 years (4 times longer than the bulbs they replace). CCOA advertisers will benefit from the longevity and reliability of the LED lights designed with patented technology delivering an evenly lit display even if individual LED strips fail. Like all Ultravision products, the 120 watt and 150 watt LED lights used for the retrofitting project are Made in America by workers in the North Texas area where Ultravision is headquartered.

“Our partnership with Clear Channel Outdoor Americas reflects a shared vision of providing advertisers with unparalleled opportunities to be creative and connect with consumers, while also driving the outdoor display industry towards more energy-efficient and cost-effective solutions,” said William Hall, CEO and co-founder of Ultravision International. “We are excited to collaborate with them on this project and look forward to seeing how advertisers take advantage of the revamped billboards.”

“This solution is a win-win  allowing our customers to deliver impactful advertising campaigns while using LED lighting technology that greatly reduces energy consumption and operating costs,” said Orly Ortiz, Vice President, Field Operations,Clear Channel Outdoor Americas. “This LED conversion ties into our broader environmental health and safety initiatives which include: air cleaning billboards and street furniture, recycling and repurposing printed advertisements and retrofitting our media with the latest verticle fall protection systems.

More information on Ultravision’s LED displays and lighting solutions can be found here.

About Clear Channel Outdoor

Clear Channel Outdoor Holdings, Inc. (NYSE: CCO) is one of the world’s largest outdoor advertising companies with over 450,000 displays in 31 countries across Asia, Europe, Latin America and North America. Reaching millions of people monthly, including consumers in 44 of the top 50 U.S. markets, Clear Channel Outdoor enables advertisers to engage with consumers through innovative advertising solutions. Clear Channel Outdoor is pioneering the integration of out-of-home with mobile and social platforms, and the company’s digital platform includes more than 1,200 digital billboards across 28 markets in the U.S. and over 13,000 digital displays in international markets. More information is available at www.clearchanneloutdoor.com and www.clearchannelinternational.com

About Ultravision International

Ultravision International’s innovative LED displays and LED lights are Made in America. The products’ patented and unique design lowers the total cost of installation and operation for its customers. The company’s wide array of solutions helps customers engage with audiences worldwide. Founded in 2010, Ultravision designed and patented the modular LED display panel, an innovation that fundamentally changed the LED industry by eliminating the need for cabinet displays that are difficult to install and costly to maintain. Ultravision products are manufactured in North Texas. For more details, please visit http://www.ultravisioninternational.com.

Contact:
Charlie Schoenthaler
Email: charlie@vrge.us
Phone: (202) 888-1963

Clear Channel Outdoor Holdings, Inc. Announces Upsize and Pricing of Offering of 9.25% Senior Subordinated Notes Due 2024 by its Subsidiary Clear Channel Worldwide Holdings, Inc.

San Antonio, TX, February 7, 2019 – Clear Channel Outdoor Holdings, Inc. (NYSE: CCO) (the “Company”) announced today that its indirect, wholly-owned subsidiary, Clear Channel Worldwide Holdings, Inc. (“Clear Channel Worldwide”), upsized and priced an offering of $2,235.0 million aggregate principal amount of 9.25% Senior Subordinated Notes due 2024 (the “Notes”), an upsize of $35 million over the amount previously announced.

The issuance and sale of the Notes is expected to be completed on February 12, 2019, subject to customary closing conditions.

The Company, its wholly-owned subsidiary Clear Channel Outdoor, Inc., and certain of the Company’s other domestic subsidiaries will guarantee the Notes. The Notes will be unsecured senior subordinated obligations that will rank junior to all of Clear Channel Worldwide’s existing and future senior debt, equally with any of Clear Channel Worldwide’s existing and future senior subordinated debt and ahead of all of Clear Channel Worldwide’s existing and future debt that expressly provides that it is subordinated to the Notes. The guarantees of the Notes will rank junior to all of the guarantors’ existing and future senior debt, equally with any of the guarantors’ existing and future senior subordinated debt and ahead of all of the guarantors’ existing and future debt that expressly provides that it is subordinated to the guarantee of the Notes.

Clear Channel Worldwide intends to use the proceeds from the Notes to redeem all of its outstanding 7.625% Series A and Series B Senior Subordinated Notes due 2020 and satisfy and discharge the indenture governing such notes and to pay fees and expenses related to the offering and the redemption. As previously announced, on February 4, 2019, Clear Channel Worldwide delivered a conditional notice of redemption, calling such notes for payment on March 6, 2019. The redemption is conditioned on the closing of this offering and the notice thereof may be rescinded or amended if necessary.

The Notes and related guarantees are being offered only to persons reasonably believed to be “qualified institutional buyers” in reliance on the exemption from registration pursuant to Rule 144A under the Securities Act and to persons outside of the United States in compliance with Regulation S under the Securities Act. The Notes and the related guarantees have not been registered under the Securities Act, or the securities laws of any state or other jurisdiction, and may not be offered or sold in the United States without registration or an applicable exemption from the Securities Act and applicable state securities and foreign securities laws.

This press release is for informational purposes only and shall not constitute an offer to sell nor the solicitation of an offer to buy the Notes or any other securities. The offering is not being made to any person in any jurisdiction in which the offer, solicitation or sale is unlawful.

About Clear Channel Outdoor Holdings, Inc.

Clear Channel Outdoor Holdings, Inc. (NYSE: CCO) is one of the world’s largest outdoor advertising companies with over 450,000 displays in 31 countries across Asia, Europe, Latin America and North America. Reaching millions of people monthly, including consumers in 44 of the top 50 U.S. markets, Clear Channel Outdoor enables advertisers to engage with consumers through innovative advertising solutions. Clear Channel Outdoor is pioneering the integration of out-of-home with mobile and social platforms, and the company’s digital platform includes more than 1,200 digital billboards across 28 markets in the U.S. and over 13,000 digital displays in international markets.

Cautionary Note Regarding Forward-Looking Statements

This press release contains forward-looking statements based on current Clear Channel Outdoor Holdings, Inc.’s management expectations. These forward-looking statements include all statements other than those made solely with respect to historical facts and include, but are not limited to, statements regarding the offering, the anticipated terms of the Notes and the anticipated use of the proceeds of the offering. Numerous risks, uncertainties and other factors may cause actual results to differ materially from those expressed in any forward-looking statements. These risks, uncertainties and other factors include, but are not limited to, whether or not the offering or the redemption will be consummated. Many of the factors that will determine the outcome of the subject matter of this press release are beyond Clear Channel Outdoor Holdings, Inc.’s ability to control or predict. Clear Channel Outdoor Holdings, Inc. undertakes no obligation to revise or update any forward-looking statements, or to make any other forward- looking statements, whether as a result of new information, future events or otherwise.

Contact
For further information, please contact:

Media
Wendy Goldberg
Executive Vice President – Communications (212) 377-1105

Investors
Eileen McLaughlin
Vice President – Investor Relations (212) 377-1116