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Lamar Advertising Company Announces Issuance of $510 Million of 5 3/8% Senior Notes Due 2024



Lamar Advertising Company Announces Issuance of $510 Million of 5 3/8% Senior
Notes Due 2024

BATON ROUGE, La., Jan. 10, 2014 (GLOBE NEWSWIRE) -- Lamar Advertising Company
(Nasdaq:LAMR) announced today that its wholly owned subsidiary, Lamar Media
Corp., has closed its private placement of $510 million in aggregate principal
amount of its 5 3/8% Senior Notes due 2024. The proceeds of this offering to
Lamar Media, after the payment of fees and expenses, were approximately
$502.3 million.

The notes have not been and will not be registered under the Securities Act of
1933, as amended, or any state securities laws, and may not be offered or sold
in the United States or to U.S. persons absent registration under the
Securities Act or an applicable exemption from the registration requirements
of the Securities Act and applicable state securities laws.

This press release is for informational purposes only and is not an offer to
buy, or the solicitation of an offer to sell, securities.

CONTACT: Lamar Media Corp.
         Keith Istre
         Chief Financial Officer
         (225) 926-1000
         KI@lamar.com
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