Interep to Release First Quarter 2002 Earnings On May 1, 2002 Before Market Opens; Conference Call At 11:00AM -ET-

Business Wire, April 17, 2002

Business Editors

NEW YORK--(BUSINESS WIRE)--April 17, 2002

Interep (NASDAQ: IREP) announced today that it will release first quarter 2002 financial results before the market opens on Wednesday, May 1, 2002.

The conference call will begin at 11:00AM (ET) and will be hosted by Ralph Guild, Chairman and CEO and Bill McEntee, Executive Vice President and CFO.

Please call the following number five minutes before the scheduled start time:

                       (800) 634-2899 (Domestic)
                    (847) 413-2900 (International)

Digital replay will be available one hour following the conclusion of the conference call through Wednesday, May 15, 2002. Please call:

                       (888) 843-8996 (Domestic)
                    (630) 652-3044 (International)
                          Pass Code: 5566799

A live audio webcast and a replay of the call will be available on the web at www.streetevents.com and in the investor relations section of www.interep.com.

About Interep:

Interep (Nasdaq: IREP) is the nation's largest independent advertising sales and marketing company specializing in radio, the Internet and complementary media, with offices in 21 cities. Interep is the parent company of ABC Radio Sales, Allied Radio Partners, Caballero Spanish Media, Cumulus Radio Sales, D&R Radio, Infinity Radio Sales, McGavren Guild Radio, MG/Susquehanna, as well as Interep Interactive, the company's interactive representation and web publishing division specializing in the sales and marketing of on-line advertising, including streaming media. Interep Interactive includes Cybereps, Winstar Interactive and Perfect Circle Media. In addition, Interep provides a variety of support services, including: consumer and media research, sales and management training, promotional programs and unwired radio "networks." Clients also benefit from Interep's new business development team, the Interep Marketing Group. For more information, visit the company's website at www.interep.com.