Date: July 27, 2005

JOHN SCHER & CCE CALL TRUCE

Clear Channel Music Group and New York promoter John Scher reportedly announced they have resolved their legal dispute, but did not release details. In 2002, Clear Channel acquired many of the assets of Scher's former company, Metropolitan Entertainment Inc., including a disputed non-compete agreement. That was the issue in question in Federal Court.

Contact: John Scher, (212) 277-7171; Clear Channel, (713) 693 -8600

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