X0304 4 2012-01-20 0 0001334978 Clear Channel Outdoor Holdings, Inc. CCO 0001478852 Cooper Ronald C/O CLEAR CHANNEL OUTDOOR HOLDINGS, INC. 200 EAST BASSE ROAD SAN ANTONIO TX 78209 0 1 0 0 Please see General Remark Class A Common Stock 2012-01-20 4 D 0 75000 0 D 47626 D In connection with the Severance Agreement and General Release entered into by Mr. Cooper on January 20, 2012, the parties agreed that his 75,000 unvested restricted stock units will be forfeited upon his termination of employment, which will be no later than February 29, 2012. Ronald Cooper's title is Chief Executive Officer - Americas. /s/ Michelle Miller, as Attorney-in-Fact on behalf of Ronald Cooper 2012-01-24