CORRECTING and REPLACING Clear Channel Outdoor Celebrates the Art of Felix Gonzalez-Torres and the Artistic Spirit of Texas Communities with Unique Outdoor Exhibition

SAN ANTONIO--(BUSINESS WIRE)--In the seventh graph, second sentence, the ninth city listed should read Killeen (sted Kileen).

“With this exhibition of works created especially for the outdoor medium, Artpace gave our billboards the chance to display their full potential as a lively and engaging art form that enriches our cultural landscape. It has been inspiring to be part of such a creative project.”

The corrected release reads:

CLEAR CHANNEL OUTDOOR CELEBRATES THE ART OF FELIX GONZALEZ-TORRES AND THE ARTISTIC SPIRIT OF TEXAS COMMUNITIES WITH UNIQUE OUTDOOR EXHIBITION

Artpace San Antonio Mounts Third and Final Installation of Year-long Gonzalez-Torres Exhibit on Clear Channel Billboards in El Paso, Dallas, Houston and San Antonio

Creative Possibilities of Billboard Medium Highlighted as Unconventional Canvas for Fine Art

Clear Channel Outdoor Holdings, Inc. (NYSE: CCO) and Artpace San Antonio today announce the third and final installation of Felix Gonzalez-Torres: Billboards, a year-long outdoor exhibition of the American, Cuban-born artist’s work displayed on Clear Channel billboards across Texas. The installation utilizes the drama of billboards to create one-of-a-kind displays outside the walls of institutional settings and dramatically placed into public spaces.

Felix Gonzalez-Torres was one of the inaugural participants in Artpace’s renowned International Artist-in-Residence Program. Celebrating its 15^th anniversary, Artpace, a laboratory for the advancement of contemporary art, pays tribute to the artist’s works by mounting this year-long exhibition on 13 billboards in communities across Texas. Eight installations have already been displayed throughout the year, and the remaining five pieces are currently on view in Dallas, El Paso, Houston and San Antonio until December 31, 2010. The artist, who died of AIDS related causes in 1996, just one year after his residency at Artpace, was known for his monumental works designed especially for the large scale presentation billboards provide.

“San Antonio is not only our headquarters but it is a city flourishing with art and culture. We are thrilled to partner with Artpace, and help it achieve its mission to educate and offer an intimate experience of art to our communities,” said Michelle Costa, Group President – South Region of Clear Channel Outdoor. “With this exhibition of works created especially for the outdoor medium, Artpace gave our billboards the chance to display their full potential as a lively and engaging art form that enriches our cultural landscape. It has been inspiring to be part of such a creative project.”

“The exhibition would simply not have been possible without the support of Clear Channel Outdoor and the company’s market managers,” said Matthew Drutt, Executive Director of Artpace. “This special anniversary project elevates our mission to nurture the creative expression of emerging and established artists, engaging the communities around us. With the success of this exhibition, we look forward to continuing our partnership with Clear Channel in future collaborations.”

Through this partnership, Clear Channel Outdoor brings visual art to its local audiences, allowing the exhibition to be on view in locations where the public may not have access to institutions like Artpace, and highlighting the billboard medium as a unique, customizable platform, and an exceptional tool for any type of display.

Felix Gonzalez-Torres: Billboards has helped inform people across Texas about the mission and educational programs of Artpace. The ongoing exhibition now provides special guided tours and lectures arranged throughout El Paso, Houston and San Antonio. Gonzalez-Torres’ work flourishes on the large billboards as his work focuses on the questions of public and private space, authorship, originality and the role of institutionalized meaning. Surrounded by the Texas landscape and magnified on the Clear Channel billboards, Gonzalez-Torres’ transcendent displays become must-see destinations. Visit Artpace’s website on the exhibition for more information: http://www.artpace.org/Felix-Gonzalez-Torres-Billboards.php.

Clear Channel Outdoor is the predominant out-of-home provider in Dallas/Fort Worth, Houston, San Antonio and El Paso. Clear Channel Airports, a division of Clear Channel Outdoor, is also the leading marketer of airport advertising and contemporary custom display concepts throughout Texas, including markets like Amarillo, Austin, Brownsville, College Station, Corpus Christi, Dallas/Fort Worth, El Paso, Harlingen, Killeen, Laredo, Lubbock, McAllen, Midland, San Antonio, Tyler, and Waco.

About Clear Channel Outdoor

Clear Channel Outdoor (NYSE:CCO) is the world’s largest outdoor advertising company with close to one million displays in 45 countries across 5 continents. In the United States, the company operates over 200,000 advertising displays and has a presence in 48 of the top 50 Designated Market Areas. It also operates airport, rail, and mall advertising businesses worldwide. Its Spectacolor (U.S.) and DEFI (international) divisions are the global market leaders in spectacular sign displays, including in New York’s Times Square. Clear Channel Adshel is the company's international street furniture division, which operates over 3,500 municipal advertising contracts worldwide. Clear Channel Outdoor also operates digital displays and networks in most of its divisions. More information may be found by visiting www.clearchanneloutdoor.com.

Certain statements in this release constitute “forward-looking statements” within the meaning of the Private Securities Litigation Reform Act of 1995. Such forward-looking statements involve known and unknown risks, uncertainties and other factors which may cause the actual results performance or achievements of the Company to be materially different from any future results, performance or achievements expressed or implied by such forward-looking statements.