About Spanish Broadcasting System
Spanish Broadcasting System, Inc.

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Hispanic markets .

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S.S.

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Nearly half of New Mexico's manufacturers are located in Albuquerque and
Santa Fe.

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com , a bilingual Spanish-English online site providing content
related to Latin music, entertainment , news and culture.com

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EVANSTON, Ill., Evanston, Illinois, publisher of manufacturers '
directories since 1912, compiles and distributes manufacturing guides,
statistics and databases for all 50 states.

, Spanish
Broadcasting System, Inc.
The transaction, announced in the third quarter of 2004, was officially
consummated upon receipt of the final $65 million payment made by Styles
Media, in accordance with contractual terms agreed to by both parties.

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The Company also produces live
entertainment concerts and events throughout the U.

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, New Mexico gained 54 manufacturing
plants and 700 jobs in 2005 according to the 2006 New Mexico Manufacturers
Register, an industrial guide published annually by Manufacturers' News, Inc.
"Manufacturing productivity continues to outpace the gains in the rest of
the economy, growing 4% a year as companies adapt their business models to
utilize new technology and compete in a global economy," said Tom Dubin,
President of Manufacturers' News, Inc.

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MNI data reports these two cities gained a total of 30
plants in 2005.

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Albuquerque alone accounts for 871 plants or 37% of New
Mexico's manufacturers. Users
may select manufacturing companies using thirteen different criteria,
including area or zip code, county , SIC, sales volume, number of employees,
title and more. For more information, contact
Manufacturers ' News, Inc. The Company's
corporate website can be accessed at http://www.

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Between 2001 and 2003 New Mexico lost 4,493 jobs, but has since
recovered, adding 3,821 manufacturing jobs between 2003 and 2005. The
251-page directory provides an in-depth company profile of up to 30 facts,
including addresses, phone/fax numbers, web/email addresses, product(s)
manufactured, names and titles of key executives, area of distribution, annual
sales, number of employees, brand names, year established and more.com ., Evanston, IL, 60201,
847-864-7000, FAX 847-332-1100.

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New Mexico Manufacturing: Plants Up 54; Jobs Up 700

These two cities account for 1,097 plants or 47% of the state's
manufacturers . Upon the completion of all
previously announced transactions, SBS will own and operate 20 radio stations
located in the top Hispanic markets of New York, Los Angeles, Miami, Chicago,
San Francisco and Puerto Rico, including the #1 Spanish-language radio station
in America, WSKQ-FM in New York City, as well as 3 of the Top 4 rated radio
stations airing the Tropical, Regional Mexican, Spanish Adult Contemporary and
Hurban format genres and the highest billing Latino-formatted stations in each
of the three largest U. On July
13, 2005 the Company announced the acquisition of WDLP-TV , a full-power
television station serving South Florida.

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Manufacturers ' News, Inc.

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, 1633 Central St.

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Industrial machinery and
equipment grew by 7 plants while printing and publishing grew by 12 plants. This information can be downloaded at
http://www. http://www.com ., ("SBS"; Nasdaq: SBSA) announced today the
completion of its sale of radio stations KDAY-FM and KDAI-FM in Southern
California to Styles Media for $120 million.

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MNI's New Mexico data is also available on CD-ROM for $96 to $275. Styles Media Completes $120 million Acquisition

COCONUT GROVE, Fla.

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(MNI), Evanston, IL.

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MNI's private survey reports New Mexico is home to 2,325 manufacturing
companies employing 55,659 workers, compared to the 2,271 plants and 54,959
jobs reported a year earlier.
Detailed information on all of New Mexico 's 2,325 companies can be found
in the 2006 New Mexico Manufacturers Register, available in print for $72.

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SBS Consummates Sale of KDAY-FM and KDAI-FM

The Company also operates
LaMusica.

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According to the five-year analysis conducted by Manufacturers' News, New
Mexico has regained several thousand manufacturing jobs over the past two
years.
These two industries remain New Mexico's largest, accounting for 23% of New
Mexico's manufacturers.spanishbroadcasting.

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New Mexico 's top two industries indicated growth in 2005 according to
industry data compiled by the 2006 Register .

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is the largest Hispanic-controlled radio
broadcasting company in the United States. and Puerto Rico .