INTEREP TO ACQUIRE WINSTAR UNIT

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(July 26, 2001) -- Interep Interactive, a division of Interep National Radio Sales, has agreed to acquire Winstar Interactive Media from Winstar Communications.

The deal is expected to close in the next month. Terms of the transaction were not disclosed.

Winstar Interactive Media generates ad sales, creates sponsorship and content-syndication packages and facilitates partnership programs for 18 Web publishers including Fodors.com, uBid, Kiplinger.com, Entrepreneur.com and Office.com. --Adrienne Mand

Copyright July 2001, Crain Communications Inc.

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