Radio Unica Communications Corp. Files Registration Statement Regarding Public Offering of Common Stock

Business Wire, July 12, 1999

MIAMI--(BUSINESS WIRE)-- July 12, 1999--

Radio Unica Communications Corp. announced that it filed a registration statement pursuant to the Securities Act of 1933 relating to the sale of shares of its common stock.

The managing underwriters for the proposed offering will be Salomon Smith Barney, Bear, Stearns, & Co., Inc., CIBC World Markets, and Donaldson, Lufkin & Jenrette.

Radio Unica is the only national Spanish-language radio network in the United States. Radio Unica's news/talk format offers the audience the opportunity to listen to popular Hispanic television personalities on radio. In addition, the Company has acquired the broadcast rights for several of the most popular sporting events among Hispanics including the 2000 and 2004 Summer Olympics, Copa America 1999 and 2001, Copa Oro 2000 and 2002, World Cup 2002 qualifying matches, and the NBA Finals in 1999 and 2000.

A registration statement relating to these securities has been filed with the Securities and Exchange Commission but has not yet become effective. These securities may not be sold nor may offers to buy be accepted prior to the time the registration statement becomes effective. This press release shall not constitute an offer to sell or the solicitation of an offer to buy nor shall there be any sale of these securities in any state in which such offer, solicitation or sale would be unlawful prior to registration or qualification under the securities laws of any such state.

A copy of the preliminary prospectus may be obtained from: Steven E. Dawson, Radio Unica Communications Corp., 8400 N.W. 52nd Street, Suite 101, Miami, Florida 33166.