Beasley Broadcast Group Declares Quarterly Cash Dividend of $0.045 Per Share

Beasley Broadcast Group Declares Quarterly Cash Dividend of $0.045 Per Share

NAPLES, Fla., March 12, 2014 (GLOBE NEWSWIRE) -- Beasley Broadcast Group, Inc.
(Nasdaq:BBGI) ("the Company"), a large- and mid-size market radio broadcaster,
announced today that its Board of Directors declared a quarterly cash dividend
of $0.045 per share of its Class A and Class B common stock. The dividend is
payable on April 10, 2014, to shareholders of record on March 31, 2014.

While the Company intends to pay regular quarterly cash dividends for the
foreseeable future, all subsequent dividends will be reviewed quarterly and
declared by the Board of Directors at its discretion.

About Beasley Broadcast Group

Founded in 1961, Beasley Broadcast Group, Inc., www.bbgi.com, is a radio
broadcasting company that owns and operates 44 stations (28 FM and 16 AM)
located in eleven large- and mid-size markets in the United States.The
Company also operates one station in the expanded AM band in Augusta, GA.

Note Regarding Forward-Looking Statements:

Statements in this release that are "forward-looking statements" are based
upon current expectations and assumptions, and involve certain risks and
uncertainties within the meaning of the U.S. Private Securities Litigation
Reform Act of 1995.Words or expressions such as "intends," "expects,"
"expected," "anticipates" or variations of such words and similar expressions
are intended to identify such forward-looking statements.Key risks are
described in our reports filed with the SEC including in our Annual Report on
Form 10-K for the year ended December 31, 2012.Readers should note that
forward-looking statements are subject to change and to inherent risks and
uncertainties and may be impacted by several factors, including: external
economic forces that could have a material adverse impact on our advertising
revenues and results of operations; our radio stations may not be able to
compete effectively in their respective markets for advertising revenues; we
may not remain competitive if we do not respond to changes in technology,
standards and services that affect our industry; our substantial debt levels;
and, the loss of key personnel.Our actual performance and results could
differ materially because of these factors and other factors discussed in the
"Management's Discussion and Analysis of Results of Operations and Financial
Condition" in our SEC filings, including but not limited to annual reports on
Form 10-K or quarterly reports on Form 10-Q, copies of which can be obtained
from the SEC, www.sec.gov, or our website, www.bbgi.com.All information in
this release is as of March 12, 2014, and we undertake no obligation to update
the information contained herein to actual results or changes to our
expectations.

CONTACT: B. Caroline Beasley, Chief Financial Officer
         Beasley Broadcast Group, Inc.
         239/263-5000; email@bbgi.com
        
         Joseph N. Jaffoni
         JCIR
         212/835-8500 or bbgi@jcir.com

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