NAPLES, Fla., Oct. 3, 2008 (GLOBE NEWSWIRE) -- Beasley Broadcast Group, Inc. (NasdaqGM:BBGI - News), a large- and mid-size market radio broadcaster, will release its fiscal 2008 third quarter financial results before the market opens on Wednesday, November 5, 2008. The Company will host a conference call and simultaneous webcast that morning at 10:00 a.m. ET. Both the call and webcast are open to the general public.

The conference call number is 973/582-2717. Please call five minutes in advance to ensure that you are connected prior to the presentation. Interested parties may also access the live call on the Internet at the Company's Web site at http://www.bbgi.com. Please allow 15 minutes to register and download and install any necessary software. Following its completion, a replay of the call can be accessed for 5 days on the Internet from the Company's Web site or for 24 hours via telephone at 800/642-1687 (reservation #: 67734168). Questions and answers will be reserved for call-in analysts and institutional investors.

Founded in 1961, Beasley Broadcast Group, Inc. is a radio broadcasting company that owns or operates 44 stations (27 FM and 17 AM) located in eleven large- and mid-size markets in the United States.

The Beasley Broadcast Group, Inc. logo is available at http://www.globenewswire.com/newsroom/prs/?pkgid=4259

We hope you will be able to join the conference call. For further information, or to receive future Company news announcements via e-mail, please contact Denyse Mesnik, Beasley Broadcast Group, at 239/263-5000 or email@bbgi.com, or Joseph Jaffoni or Ratula Roy, Jaffoni & Collins, at 212/835-8500 or bbgi@jcir.com.

         Beasley Broadcast Group, Inc.
         B. Caroline Beasley, Chief Financial Officer
         239/263-5000 
         email@bbgi.com

         Jaffoni & Collins Incorporated 
         Joseph Jaffoni
         Ratula Roy
         212/835-8500 
         bbgi@jcir.com