Clear Channel Outdoor Appoints Michael Chico to Senior Vice President - National Sales Group

NEW YORK--(BUSINESS WIRE)-- Clear Channel Outdoor Holdings, Inc. (NYSE: CCO), today announced the appointment of Michael Chico to Senior Vice President - National Sales Group, effective immediately. Chico will be responsible for elevating national sales efforts, focusing on timely, flexible and innovative multi-market out-of-home campaigns. He reports to Rocky Sisson, Executive Vice President of Sales and Marketing, and will be based in CCO's New York office.

"With advancements in digital technology and Eyes On, the industry's new measurement tool, out-of-home is gaining a larger share of advertising spending," said Sisson. "I am delighted to have an executive of Michael's caliber driving our national sales objectives, as his dynamic leadership capabilities and well-established relationships in the industry will be crucial in the overall growth of the National Sales Group. I am confident that under Michael's leadership, the Group will continue on its growth trajectory and execute on our strategic plan."

Previously, Chico served as Executive Vice President of Advertising Sales and Marketing for Screenvision Cinema Networks, where he was responsible for all of the company's revenue which includes on-screen advertising, mobile and texting platforms, lobby kiosks and scanners, digital signage and more. His prior positions included Executive Vice President of Advertising Sales for Madison Square Garden, Senior Vice President of East Coast Sales for the NBC Television Stations and he held a variety of leadership roles within the Walt Disney Company, including ABC owned television stations, ABC New Media Sales and ESPN.

Chico earned a B.S. in Business Administration from Ramapo College in Mahwah, New Jersey.

About Clear Channel Outdoor

Clear Channel Outdoor (NYSE:CCO) is the world's largest outdoor advertising company with close to one million displays in 45 countries across 5 continents. In the United States, the company operates over 200,000 advertising displays and has a presence in 48 of the top 50 Designated Market Areas. It also operates airport, rail, and mall advertising businesses worldwide. Its Spectacolor (U.S.) and DEFI (international) divisions are the global market leaders in spectacular sign displays, including in New York's Times Square. Clear Channel Adshel is the company's international street furniture division, which operates over 3,500 municipal advertising contracts worldwide. Clear Channel Outdoor also operates digital displays and networks in most of its divisions. More information may be found by visiting www.clearchanneloutdoor.com.

Certain statements in this release constitute "forward-looking statements" within the meaning of the Private Securities Litigation Reform Act of 1995. Such forward-looking statements involve known and unknown risks, uncertainties and other factors which may cause the actual results performance or achievements of the Company to be materially different from any future results, performance or achievements expressed or implied by such forward-looking statements.

    Source: Clear Channel Outdoor Holdings, Inc.

Released April 27, 2011