Emmis Announces Q2 Earnings Call

On Tuesday, Oct. 10, 2006, Emmis Communications will host a conference call to discuss second quarter earnings. Emmis Chairman/Chief Executive Officer Jeff Smulyan and Executive Vice President/Chief Financial Officer Patrick Walsh will host the call.

To access this conference call, please dial 1.517.623.4891 or listen online at www.emmis.com

DATE/TIME Tuesday, Oct. 10, 2006

Eastern 9 a.m.

Central 8 a.m.

Mountain 7 a.m.

Pacific 6 a.m.

CALL NAME/PASSCODE Emmis Communications

MODERATORS Jeff Smulyan

Patrick Walsh

PLEASE NOTE To facilitate call entry, we recommend that you place your call five minutes before the scheduled start time.

CALL PLAYBACK A digital playback of the call will be available until 5 p.m. on Tuesday, Oct. 17, at 1.203.369.0658

Investors have the opportunity to listen to the conference call over the Internet through the Emmis website, www.emmis.com. To listen to the live call, please go to the website at least 15 minutes early to register, download, and install any necessary audio software. For those who cannot listen to the live broadcast, a replay will be available on the site shortly after the call.

If you have any questions or need further clarification, please contact:

Kate Snedeker, Media & Investor Relations, 1.317.684.6576, kate@emmis.com

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