X0305 4 2012-03-26 0 0001334978 Clear Channel Outdoor Holdings, Inc. CCO 0001361572 Bevan Jonathan David C/O CLEAR CHANNEL OUTDOOR HOLDINGS, INC. 200 EAST BASSE ROAD SAN ANTONIO TX 78209 0 1 0 0 See remarks Stock Option (Right to Buy) 7.90 2012-03-26 4 A 0 100000 0 A 2022-03-26 Class A Common Stock 100000 100000 D These options were granted under the Clear Channel Outdoor Holdings, Inc. 2005 Stock Incentive Plan and vest in four equal annual installments beginning on the first anniversary of the grant date. Mr. Bevan's title is Managing Director and Chief Operating Officer - International. /s/ Michelle S. Miller, as Attorney-in-Fact on behalf of Jonathan D. Bevan 2012-03-28