Fast Facts:

• Founded: 1961 by George G. Beasley
• Executive Offices: Naples, FL
• Number of Employees: Approximately 622
• Number of Radio Stations Owned: 42
• Number of Markets Served: 11
• Fiscal Year 2009 Consolidated Net Revenue: $96.7 Million
• Fiscal Year 2009 Net Income: $3.4 Million
  (Note: 2008 non-GAAP Net Income adjusted to exclude the non-cash, pre-tax impairment charge of $62.5M was $7.8M, as compared to 2007 non-GAAP Net Income adjusted to exclude the non-cash, pre-tax impairment charge of $2.2M which was $6.1M)

Founded in 1961, Beasley Broadcast Group, Inc. (NASDAQ: BBGI) currently owns or operates 42 radio stations (26 FM and 16 AM) located in eleven large- and mid-size markets across the nation.

Nearly 41% of Beasley stations are located in the nation's top 50 markets such as Philadelphia, Miami-Fort Lauderdale, Las Vegas, West Palm Beach, Boston and Atlanta. The remaining stations are primarily in regional centers like coastal North Carolina, Northeast Georgia and Southwest Florida where Beasley operates large station clusters.

Beasley stations are home to a diverse range of formats, featuring top on-air personalities and programming that appeals to a wide range of audiences and demographic groups. These include Country, Oldies, Adult Contemporary, Sports, Talk, CHR and Rock, among others, reflecting a diversity that translates into a broad revenue base. No format or targeted demographic group represents a disproportionate share of the company’s revenue.

Beasley stations follow a proven operating strategy of building strong station brand identities to support their goals for business success, listener enjoyment and advertiser effectiveness. This includes delivering targeted promotions that energize audiences to deliver results for local and national advertisers. It also means conducting extensive market research to help improve station ratings and identifying re-format opportunities to reach under-served segments of the listening audience.

Beasley station clusters are some of the largest station groups in their respective markets, when ranked by revenue. Clustering helps enhance each station group appeal to the widest range of advertisers in a given market while generating important operating efficiencies.

The end result is a financially sound radio broadcasting company led by its three largest clusters (Philadelphia, Miami and Las Vegas – each of which still has capacity for expansion), three completed mid-size market clusters (Fayetteville, Greenville-New Bern and Augusta) and two AM-only clusters (Boston and Atlanta).

When ranked by revenue, and for the year 2008, Beasley Broadcast Group is the 17th largest radio broadcasters in the Nation, according to BIA Financial Network, Inc.