X0202 5 2004-12-31 0 0 0000739708 CLEAR CHANNEL COMMUNICATIONS INC CCU 0001096790 MAYS L LOWRY CLEAR CHANNEL COMMUNICATIONS 200 EAST BASSE ROAD SAN ANTONIO TX 78209 1 1 0 0 Chairman Common Stock 2004-02-12 5 G 0 801724 D 5925501 D Common Stock 2004-02-12 5 G 0 801724 A 17500289 I by LLM Partners Common Stock 2004-02-24 5 G 0 393832 D 5531669 D Common Stock 2004-02-24 5 G 0 393832 A 17894121 I by LLM Partners Common Stock 2004-03-11 5 G 0 408968 D 5122701 D Common Stock 2004-03-11 5 G 0 408968 A 18303089 I by LLM Partners Common Stock 2004-04-12 5 G 0 408002 D 4714699 D Common Stock 2004-04-12 5 G 0 408002 A 18711091 I by LLM Partners Common Stock 2004-06-09 5 G 0 2480 D 4712219 D Common Stock 2004-06-09 5 G 0 9750 D 4702469 D Common Stock 2004-06-30 5 G 0 1011994 D 3690475 D Common Stock 2004-06-30 5 G 0 1011994 A 19723085 I by LLM Partners Common Stock 2004-06-30 5 G 0 98571 D 3591904 D Common Stock 2004-08-05 5 G 0 340214 D 3251690 D Common Stock 2004-08-05 5 G 0 340214 A 20063299 I by LLM Partners Common Stock 2004-08-05 5 G 0 375576 D 2876114 D Common Stock 2004-08-11 5 G 0 714 D 2875400 D Common Stock 2004-08-23 5 G 0 555430 D 2319970 D Common Stock 2004-08-23 5 G 0 555430 A 20618729 I by LLM Partners Common Stock 2004-09-30 5 G 0 1258166 D 1061804 D Common Stock 2004-09-30 5 G 0 1258166 A 21876895 I by LLM Partners Common Stock 2004-10-05 5 G 0 1009368 D 52436 D Common Stock 2004-10-05 5 G 0 1009368 A 22886263 I by LLM Partners Common Stock 2004-12-31 5 G 0 174123 D 0 I Charitable Lead Annuity Trust This reported item is a gift. L. Lowry Mays 2005-02-11