com, as well as 62 of its radio station websites.

praise www

Salem Communications to Acquire Christianity.com; Move Further Strengthens Web-Based Leadership Position

Salem undertakes
no obligation to update or revise any forward-looking statements to
reflect new information, changed circumstances or unanticipated
events.

Customers traveling one-way can rent a mid-size vehicle for
$35. For
further information visit http://www.

stuart approximately

Salem Communications' owned and operated web properties
include Crosswalk .salem. today announced special one-way rates
from Florida to select locations in the continental United States. households (approximately 95
million homes), today issued a statement in response to recent media
reports that the Company is switching its television network to all
paid programming .

detroit belief

com and Crosswalk.budget.pax.

deliverance jacksonville

Business Editors/Entertainment Editors

NASHVILLE, Tenn.

com
and CCMMagazine.95 Per Day in Florida

PARSIPPANY, N.
For full terms and conditions on the Budget one-way rentals, including
participating locations, customers should call 1-800-BUDGET -7.

adherents.

org/

denomination obtained

Information may be accessed at the
company's website www.S.----Paxson
Communications Corporation (AMEX:PAX) (the "Company" or "Paxson"), the
owner and operator of the nation's largest broadcast television
station group reaching 87% of U.
Chairman and CEO Lowell "Bud" Paxson said , "There have been
several reports in the press that the Company is dropping or reducing
entertainment programming.S.

adherents http

com is another important step
forward in Salem's online strategy," said Edward G.cc

Forward-Looking Statements

Statements used in this press release that relate to future plans,
events, financial results, prospects or performance are
forward-looking statements as defined under the Private Securities
Litigation Reform Act of 1995.99 per day.

cogbf.

headquarters praise

Paxson Communications Issues Statement on the Future of Its Television Programming Content

com/ and http://www.

stuart pastor

approximately northwestern

denomination jacksonville

com, which target this same
audience, we believe the acquisition of Christianity.com, Christianjobs.com, TheFish .

As of 1998, this denomination had approximately 8,200 adherents.

Information obtained from http: //www.

adherents stuart

com.

appeal headquarters

com, OnePlace.99 per day rates on sports utility
vehicles or convertibles. To make a
reservation , customers should utilize Budget Customer Discount (BCD) U030191
and call 1-800-BUDGET-7 or visit http://www. is the owner and franchiser of one of the
world's best-known car rental brands with nearly 1,900 car rental locations in
the U.

pentecostal adherents

Salem Communications Corporation (Nasdaq:SALM), headquartered in
Camarillo, Calif., Looking to beat the Florida
heat? Heading home to California? Attention drivers, Budget has the deal for
you! Budget Rent A Car System, Inc. Now
through June 30, 2005 , customers traveling one-way can rent a minivan for only
$14.

The Church of God by Faith is a Pentecostal church founded in 1914.

praise pastor

Readers are
cautioned not to place undue reliance on these forward-looking
statements, which speak only as of the date hereof.99 per day or a full-size vehicle for $44.com/media.

god approximately

, is the leading U.
The one-way rates include unlimited mileage and are available for pickup
at the following Budget airport locations: Daytona Beach, Fort Lauderdale,
Jacksonville , Melbourne, Miami International, Orlando, Pensacola, St.

pentecostal belief

By
leveraging the operational infrastructure of our existing Internet
businesses OnePlace. "The site will undergo a complete
re-design and substantial upgrade of services and features for the
millions of people who are seeking compelling Christian content and
faith-influenced services.95 per day., Canada, Latin America, Caribbean, Australia and New Zealand. The
company is part of Cendant Car Rental Group, a wholly owned subsidiary of
Cendant Corporation (NYSE: CD), a diversified global provider of business and
consumer services primarily within the travel and real estate sectors.S.

belief http

----Salem
Communications Corporation (Nasdaq:SALM), the leading radio
broadcaster focused on Christian and family-themed programming, today
announced that it would acquire Christianity. Atsinger III,
President and CEO of Salem Communications. In addition to its
radio properties, Salem owns Salem Radio Network, which syndicates
talk, news and music programming to over 1,900 affiliated radio
stations; Salem Radio Representatives, a national sales force; Salem
Web Network, a leading Internet provider of Christian content and
online streaming; and Salem Publishing, a leading publisher of
Christian themed magazines.95 per day, a mid-size vehicle for just $19.95 per day or a full-size
vehicle for $21. Those needing a
little more room can take advantage of $49."

About Paxson Communications Corporation

Paxson Communications Corporation owns and operates the nation's
largest broadcast television distribution system.

Its headquarters are located in Jacksonville, Florida.

salvation obtained

"
The websites owned and operated by Salem Communications are
leading Christian themed websites reaching an audience of more than
three million unique visitors that view more than 33 million pages
each month.S. Minivan Rates As Low As $14.

About Budget
Budget Rent A Car System, Inc.com or
http://www.

appeal pastor

"The acquisition of Christianity."
"This site is foundational to our efforts to serve the vast
audience interested in this content," said Jim Cumbee, Salem's
President of Non-Broadcast Media. radio broadcaster focused on
Christian and family themes programming. Upon the close of all
announced transactions, the company will own 104 radio stations,
including 67 stations in 24 of the top 25 markets.
Petersburg /Clearwater, Sarasota, Tampa, West Palm Beach and Tallahassee.budget.cendant.

god stuart

"This acquisition provides
additional content of interest to our audience as well as a premier
web address to enable us to better deliver our ministries' and
advertisers' messages to our growing faith-based audience.com will
contribute to cash flow almost immediately and be accretive to
earnings in the first year of operation.
In addition, Budget is offering special one-way rates from Arizona to
California . However, as we
approach the new fall season, the entertainment programs on our
schedule may change to allow the Company to give its shareholders a
better return on their investment. television households via nationwide broadcast television,
cable and satellite distribution systems.

salvation headquarters

4 million. Actual results may differ materially
from those anticipated as a result of certain risks and uncertainties,
including , but not limited to, the ability of Salem to close and
integrate announced transactions, market acceptance of recently
launched music formats, competition in the radio broadcast, Internet
and publishing industries and from new technologies, adverse economic
conditions, and other risks and uncertainties detailed from time to
time in Salem's periodic reports on Forms 10-K, 10-Q, 8-K and other
filings filed with the Securities and Exchange Commission. The
Company will continue to offer the same or an increased amount of
entertainment programming than it has in the past.

pentecostal www

Budget Offers Bargain One -Way Rates From Florida and Arizona

Paxson reaches 87%
of U. For more information, visit
Paxson 's website at http://www.

sanctuary praise

com, an online provider
of compelling Christian content and a wide range of ministry
resources, for approximately $3.

belief pastor

Business Editors/Entertainment Editors

WEST PALM BEACH, Fla. Those reports are totally incorrect.tv

Note: Paxson distribution data provided by Nielsen Media Research.