32

Antonio L. Harrison
[Information Redacted]

October 7, 1987

Mr. David C. Driskell
[Information Redacted]

Dear Mr. Driskell: [The words "Mr. Driskell" crossed out and replaced with a handwritten "David"]

This note is sent as an updated since our last conversation concerning your
participation in the acquisition group of a major radio property--KYS-D.C. We
have been moving forward on several fronts: securing the financial data from
the seller, identifying an investment banker, and identifying potential financing.

We have established direct contact with the seller--NBC-- and have been directed
to Kidder Peabody, its investment banker. The enclosed letter from the
President of NBC Radio to our legal counsel, Curtis White, would suggest that
the financial data should be available within short order. Mr. White will be in
further contact with Kidder Peabody next week to determine the status of the
financial information. One of the enclosed news article provides some
indication of what the range of the purchase price might be-- at least, the
bottom range.

I have had conversations with contacts at both Goldman Sachs and Drexel Burnham
Lambert regarding serving as investment banker for our group in this
transaction. Further discussions will be held with both once we have received
the financial information and have determined if we are going to proceed with
this effort.

Since our initial conversation, I have been moving forward to identify potential
equity and debt moneys. The response has been a "qualified" positive in most of
the discussions held to date. These responses were qualified in the same manner
as yours, that is, pending a review of financial data.

We are proceeding on the assumption of purchasing with a down-payment of
approximately ten percent (10%). We anticipate the use of the minority purchase
program which grants deferral of the capital gain through the issuance of a tax
certificate through the FCC (See enclosure).

Thank you for your consideration of this effort. I believe that we may have an
excellent opportunity at hand. While I am sure we will not be the only group
moving to acquire this property, I am confident that at this time we are poised
for potential success. You shall next hear from me after receipt of the financial data.

Sincerely yours,
/S/ "Tony"
Antonio L. Harrison

Enclosure