X0306 4 2019-11-04 0001334978 Clear Channel Outdoor Holdings, Inc. CCO 0001163368 PACIFIC INVESTMENT MANAGEMENT CO LLC 650 NEWPORT CENTER DRIVE NEWPORT BEACH CA 92660 0 0 1 0 Common Stock 2019-11-04 4 S 0 37273 2.66 D 104887448 I See footnote Common Stock 2020-07-29 4 S 0 14507 0.92 D 104872941 I See footnote Common Stock 2020-07-29 4 S 0 400 0.91 D 104872541 I See footnote The amount of shares of the Issuer's common stock reported on this Form 4 has been adjusted to reflect 820,614 shares that were not included in the Reporting Person's original Form 3 filed on May 13, 2019 and an in-kind distribution of 25,112 shares of the Issuer's common stock to an investment advisory client upon the closing of the client's account in July 2019. The Reporting Person is the investment adviser to certain investment advisory clients or discretionary accounts that sold the shares in the table above. The Reporting Person disclaims beneficial ownership in the reported shares, except to the extent of its pecuniary interest therein. /s/ Jason Nagler, Senior Vice President, Pacific Investment Management Company LLC 2020-07-31