Emmis Communications Corp.

Jeffrey H. Smulyan, 60, serves as Chairman of the Board of Emmis Communications Corporation, an Indianapolis-based radio, TV and magazine publishing company with operations in 10 U.S. markets, as well as Hungary, Belgium, Bulgaria and Slovakia. A cum laude graduate of the University of Southern California with a B.A. in History and Telecommunications, Smulyan earned a Juris Doctor degree from USC School of Law, where he served as note and comment editor of the USC Law Review. After operating two radio stations - WNTS in Indianapolis and KCRO in Omaha - Smulyan formed and became principal shareholder of Emmis in 1980. A public company since 1994, Emmis owns and operates 21 FM and 2 AM radio stations in the nation's largest markets; six local, regional and national magazine operations; and the No. 1 radio network in Hungary and nine radio stations in the Flanders region of Belgium. Emmis is currently in the process of selling its 16 television stations and has announced the sale of 15 of them. In 1995, Emmis became the first company to own top-rated stations in New York and Los Angeles simultaneously. A former director of the National Association of Broadcasters and former Chairman of the Board of Directors of the Radio Advertising Bureau, Smulyan serves as past chair of the Central Indiana Corporate Partnership, a consortium of CEOs from central Indiana's largest corporations, sits on the Board of Trustees of the University of Southern California and the Board of Directors of Finish Line, Inc., an athletic apparel company. He is a member of the American, Indiana and Federal Communications bar associations, and has served on numerous civic boards and committees. As principal shareholder, he led a group that purchased the Seattle Mariners baseball team in 1989, selling the club three years later. During that time, Smulyan served on the Major League Baseball owner's Ownership and Television committees. In 2000, Smulyan was honored with the American Women in Radio and Television's Silver Satellite Award, the National Association of Broadcasters' National Radio Award, and as Radio Ink's "Radio Executive of the Year." In 1995, the radio industry newspaper, R & R, voted Smulyan one of the 10 most influential radio executives of the past two decades. He received the American Women in Radio and Television's Star Award in 1994 and the Entrepreneur of the Year Award from Ernst & Young the following year. In 2004, he was inducted into the Broadcasting & Cable Hall of Fame. Other honors include the Cystic Fibrosis Foundation's Breath of Life Award; the Jewish National Fund's Tree of Life Award; the Indianapolis Business Journal's Entrepreneur of the Year Award; the Leukemia Society Diamond of Hope Award; the State of Indiana's "Sagamore of the Wabash"; and he has been inducted into the Indiana Business Hall of Fame. In 1994, Smulyan was named by The White House to head the U.S. Delegation to the Plenipotentiary Conference of the International Telecommunications Union. As a United States Ambassador, he represented the U.S. in various bilateral meetings, negotiating a landmark agreement between Israel and the PLO.

Greg Loewen, age 36, serves as Senior Vice President/Chief Strategy Officer for Emmis. He most recently worked at The Toronto Star, Canada's largest newspaper, where he served the dual role of Vice President of Digital Media & Strategy and Publisher, thestar.com (2004 - 2007). In these roles, he was responsible for the Star's internet business as well as strategic planning, consumer and trade marketing, market research, business development and external partnerships/acquisitions. Prior to joining the Star, Loewen was a Global Account Manager in the Toronto office of Monitor Group (1993-2004), a leading global strategy consultancy. He is a top graduate of Queen's University in Ontario (Bachelor of Commerce) and graduated as a Baker Scholar from the Harvard Business School (Masters in Business Administration).

Mickey Levitan has been the Chief Human Resource Officer at Emmis since 2001. Prior to joining Emmis, he was the founder and CEO of an Indianapolis-based educational technology company. Levitan's previous HR experience includes serving as Director of Human Resources for Apple Computer (1998-2000) and as Executive Director of Organizational Effectiveness & Assistant to the President of Cummins Engine (1996-98). While at Cummins, Levitan led human resources for its largest business unit. At Apple, he was responsible for business units comprising one third of the company. Before joining the business world, Levitan did many years of community development work and then served in the federal government. The community development work started with the Peace Corps in West Africa (1980-83) and continued in Asia with Save the Children for nine years. His initial assignments were in Nepal and Bangladesh (1986-1988). He then became Country Director for the program in Thailand (1988-94). With the government, Levitan served in the Clinton White House (1994-95) as a White House Fellow. He is a graduate of Dartmouth College, Stanford Graduate School of Business, and Stanford Food Research Institute.

Mr. Walsh became Executive Vice President and Chief Financial Officer of Emmis in September 2006 and added the position of Chief Operating Officer in December 2008. Mr. Walsh came to Emmis from iBiquity Digital Corporation, the developer and licensor of HD Radio technology, where he served as Chief Financial Officer and Senior Vice President from 2002 to 2006. Prior to joining iBiquity, Mr. Walsh was a management consultant for McKinsey & Company, and served in various management positions at General Motors Acceptance Corporation and Deloitte & Touche LLP.

Scott Enright, 46, is Executive Vice President, General Counsel and Secretary of Emmis Communications Corporation and its subsidiaries. Prior to joining Emmis as Associate General Counsel in October 1998, Enright was a partner in the Indianapolis law firm of Bose McKinney & Evans, LLP and worked in the Office of Indiana's Lt. Governor John M. Mutz. In the community, Enright serves as General Counsel of The Friedman Foundation for Educational Choice, Inc., as a member of the Indiana University J.D./M.B.A. Advisory Board, and as an Elder at Second Presbyterian Church. Professionally, he is on the Board of Managers of The Broadcast Traffic Consortium, LLC, a joint venture among several radio broadcasters to build a first-of-its-kind network to distribute traffic data in North America via radio technology. He has also served on the executive committee of the Sports and Entertainment Law Section of the Indianapolis Bar Association, and is a member of the Association of Corporate Counsel and the American Society of Corporate Secretaries. He is a founder of the United States Knarling Association. Enright is a graduate of St. Olaf College in Northfield, Minnesota with a Bachelor of Arts degree in history and political science (1985) and Indiana University Bloomington's Kelley School of Business and School of Law, with a Masters in Business Adminstration/Juris Doctorate (1990).

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"Mr. Nathanson joined Emmis in 1998 as Television Division President, resigning effective October 1, 2000. He is currently a media consultant. Mr. Nathanson has over 30 years of television broadcasting experience, having served as President of Programming and Development for Twentieth Television from 1996 to 1998; as General Manager of KTLA-TV in Los Angeles, California from 1992 to 1996; and as General Manager of the Fox television station KTTV from 1988 to 1992. In addition, he was President of all the Fox Television stations from 1990 to 1992."

Paul W. Fiddick is President of Emmis International, a division of Emmis Communications Corp. (NASDAQ:EMMS). Emmis International operates national radio channels in Hungary (Slager Radio), Slovakia (Radio Expres), Bulgaria (Radio FM Plus, Radio Fresh, and STAR FM), and a network serving the Flanders region of Belgium (Be One). Paul Fiddick served as Assistant Secretary for Administration of the U.S. Department of Agriculture from 1999 until 2001, and also served as Acting Secretary of Agriculture during the interregnum between the Clinton and Bush administrations. Immediately prior to government service, Paul Fiddick was Vice Chairman and acting President of Motorola's internet affiliate, RadioWave.com, Inc. Paul Fiddick co-founded Heritage Media Corporation in 1987, and was President of its radio division until its sale to News Corporation, Ltd. in 1997. At Heritage, he acquired a total of 24 radio stations in seven major markets, including the largest station cluster in the Kansas City market. The radio division was the fastest-growing of Heritage Media's four business groups in the 1990's, and reported thirty-eight consecutive quarterly cash flow increases to its shareholders. Prior to joining Heritage, Paul Fiddick was President of the radio subsidiary of Multimedia, Inc., and held executive positions at radio stations in Milwaukee, Wisconsin, and Kansas City, Missouri. Paul Fiddick sat on the board and was a past Chairman of the Radio Advertising Bureau, and served two terms as a director of the National Association of Broadcasters. He is currently a member of the General Administration Board for the Graduate School, USDA. He also serves on the advisory board for Business for Diplomatic Action.

"Mr. Leventhal is President and majority owner of LMCS, LLC, an investment, management and consulting company. Previously, Mr. Leventhal co-owned and operated Top Value Fabrics, Inc., a wholesale fabric and textile company in Carmel, Indiana, for 27 years."