Spanish Broadcasting System Announces Promotion of Joe Mackay in Chicago

Spanish Broadcasting System (SBS) (NASDAQ: SBSA) announced today the promotion of radio industry veteran, Joe Mackay, as General Manager of 107.9 WLEY FM in Chicago. SBS is the largest publicly traded and Hispanic-controlled media company in the United States.

Joe MacKay currently serves as Director of National Sales for SBS and also is the National Sales Manager for 107.9 FM "La Ley". He will maintain these day to day responsibilities.

Prior to joining SBS in 2005, he was the National Sales Manager for WPWX-FM 92.3 and WSRB-FM 106.3 in Chicago. In addition, he also held a variety of sales and marketing roles for companies like Emmis Communications, CBS Radio, Lego Systems and Coca-Cola Bottling.

"MacKay has extensive radio industry experience and is a proven leader." said Marko Radlovic, Executive Vice President and Chief Operating Officer of SBS. "We are confident that Joe will be a valuable contributor to the future success of "La Ley" for years to come."

"I'm excited about the opportunity SBS is giving me and I'm very confident that I can lead 107.9 "La Ley" to a dominant position in the Chicago radio market," said Mackay.

About Spanish Broadcasting System, Inc.

Spanish Broadcasting System, Inc. is the largest publicly traded Hispanic-controlled media and entertainment company in the United States. SBS owns and/or operates 21 radio stations located in the top Hispanic markets of New York, Los Angeles, Miami, Chicago, San Francisco and Puerto Rico, including the #1 Spanish-language radio station in America, WSKQ-FM in New York City, as well as 4 of the Top 8 rated radio stations airing the Tropical, Mexican Regional, Spanish Adult Contemporary and Hurban format genres. The Company also owns and operates Mega TV, a television operation serving the South Florida market with national distribution through DirecTV Más. SBS also produces live concerts and events throughout the U.S. and Puerto Rico. In addition, the Company operates www.LaMusica.com, a bilingual Spanish-English online site providing content related to Latin music, entertainment, news and culture. The Company's corporate Web site can be accessed at www.spanishbroadcasting.com.