Entercom Communications Announces Quarterly Cash Dividend of $0.38 Per Share

David Field, President & CEO of Entercom commented, "We arepleased to announce the initiation of regular quarterly dividends.Based on the closing price of Entercom's Class A common stock onFebruary, 21, 2006, the dividend represents an annualized yield ofover 5%. The outstanding free cash flow characteristics of ourbusiness model, combined with our strong balance sheet, enable us toreward our shareholders by paying significant cash dividends while wecontinue to buy back our stock. In December 2005, the Board ofDirectors authorized our fourth $100 million share buyback and we nowhave $59 million remaining under this current authorization. Since theinception of the first share repurchase program in 2004, we haverepurchased 10.0 million of common stock for $340.7 million. Entercomhas now retired 19% of its outstanding common stock since thecommencement of the repurchase programs. In addition, we will continueto pursue meaningful radio station acquisitions where we believe wecan generate value for our shareholders."

Entercom is one the nation's five largest radio broadcasters, withoperations in Boston, Seattle, Denver, Sacramento, Portland, KansasCity, Indianapolis, Milwaukee, New Orleans, Norfolk, Buffalo, Memphis,Providence, Greensboro, Rochester, Greenville/Spartanburg, Madison,Wichita, Wilkes- Barre/Scranton and Gainesville/Ocala.

The information in this news release is being widely disseminatedin accordance with the Securities and Exchange Commission's RegulationFD.

This news announcement contains certain forward-looking statementsthat are based upon current expectations and certain unaudited proforma information that is presented for illustrative purposes only andinvolves certain risks and uncertainties within the meaning of theU.S. Private Securities Litigation Reform Act of 1995. Additionalinformation and key risks are described in the Company's filings onForms 8-K, 10-Q and 10-K with the Securities and Exchange Commission.Readers should note that these statements might be impacted by severalfactors including changes in the economic and regulatory climate andthe business of radio broadcasting, in general. The unaudited proforma information and same station operating data reflect adjustmentsand are presented for comparative purposes only and do not purport tobe indicative of what has occurred or indicative of future operatingresults or financial position. Accordingly, the Company's actualperformance may differ materially from those stated or implied herein.The Company assumes no obligation to publicly update or revise anyunaudited pro forma or forward-looking statements.