8-K

                       SECURITIES AND EXCHANGE COMMISSION

                             Washington, D.C. 20549

                                    FORM 8-K

                                 CURRENT REPORT

                     Pursuant to Section 13 or 15(d) of the
                         Securities Exchange Act of 1934

                Date of Report (Date of earliest event reported):
                                  MAY 29, 2003



                                LAMAR MEDIA CORP.
             (Exact name of registrant as specified in its charter)


          DELAWARE                       0-20833                 72-1205791
(State or other jurisdiction         (Commission File          (IRS Employer
      of incorporation)                  Number)             Identification No.)



             5551 CORPORATE BOULEVARD, BATON ROUTE, LOUISIANA 70808
              (Address of principal executive offices and zip code)



                                 (225) 926-1000
              (Registrant's telephone number, including area code)

                                  CO-REGISTRANT

 Exact name of registrant as   State or other jurisdiction      IRS Employer
  specified in its charter          of incorporation          Identification No.

  LAMAR ADVERTISING COMPANY            DELAWARE                  72-1449411

ITEM 5. OTHER EVENTS.

      On May 30, 2003, Lamar Media Corp. (the "Company") issued a press release
announcing the pricing of its institutional private placement of $125 million
senior subordinated notes. In accordance with Rule 135(c) of the Securities Act
of 1933, the Company hereby files as Exhibit 99.1 a copy of the Company's press
release dated May 30, 2003 and hereby files as Exhibit 99.2 a copy of the
Company's press release dated May 29, 2003.

ITEM 7. EXHIBITS.

      The following exhibits are filed herewith:

Exhibit 99.1    Press Release dated May 30, 2003

Exhibit 99.2    Press release dated May 29, 2003





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                                   SIGNATURES

      Pursuant to the requirements of the Securities Exchange Act of 1934, the
registrant has duly caused this report to be signed on its behalf by the
undersigned hereunto duly authorized.

Date: May 30, 2003                  LAMAR ADVERTISING COMPANY


                                       By: /s/ Keith Istre
                                          ----------------------------------
                                           Keith Istre
                                           Chief Financial Officer

Date: May 30, 2003                  LAMAR MEDIA CORP.


                                       By: /s/ Keith Istre
                                          ----------------------------------
                                           Keith Istre
                                           Chief Financial Officer





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                                  EXHIBIT INDEX

Exhibit 99.1    Press Release dated May 30, 2003

Exhibit 99.2    Press Release dated May 29, 2003






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EX-99.1

                                                                    EXHIBIT 99.1

                                LAMAR MEDIA CORP.
                            5551 CORPORATE BOULEVARD
                              BATON ROUGE, LA 70808

       LAMAR MEDIA CORP. PRICES $125 MILLION IN SENIOR SUBORDINATED NOTES

Baton Rouge, LA - Friday, May 30, 2003 - Lamar Media Corp., a wholly-owned
subsidiary of Lamar Advertising Company (NASDAQ: LAMR), announced that it has
agreed to sell an aggregate principal amount of $125 million of 7 1/4% senior
subordinated notes due 2013 in an institutional private placement, as previously
announced. The issue price is 103.661% to yield 6 5/8%, resulting in net
proceeds of approximately $127.7 million. The notes will have the same terms and
conditions as the 7 1/4% senior subordinated notes due 2013 issued by Lamar
Media in December 2002. The net proceeds of the offering will be used to redeem
$100 million of the outstanding $199 million principal amount of Lamar Media's 8
5/8% senior subordinated notes due 2007 and to prepay a portion of outstanding
loans under the Company's credit facility. The closing of the offering is
expected in mid June and is subject to customary terms and conditions. On May
29, 2003, Lamar Media called for redemption on June 28, 2003 $100 million
principal amount of the outstanding 8 5/8% notes at the mandatory call price of
104.313% of the principal amount plus accrued and unpaid interest.

This announcement is neither an offer to sell nor a solicitation to buy any of
the notes.

The notes have not been registered under the Securities Act of 1933, as amended,
or any state securities laws, and are being offered only to qualified
institutional buyers in reliance on Rule 144A under the Securities Act and
outside of the United States in accordance with Regulation S under the
Securities Act. Unless so registered, the notes may not be sold in the United
States except pursuant to an exemption from the registration requirements of the
Securities Act and applicable state securities laws.

                                      # # #

EX-99.2

                                                                    EXHIBIT 99.2

                                LAMAR MEDIA CORP.
                            5551 CORPORATE BOULEVARD
                              BATON ROUGE, LA 70808

      LAMAR MEDIA CORP. TO OFFER $125 MILLION IN SENIOR SUBORDINATED NOTES

Baton Rouge, LA - Thursday, May 29, 2003 - Lamar Media Corp., a wholly-owned
subsidiary of Lamar Advertising Company (NASDAQ: LAMR), today announced that it
intends to offer up to $125 million in senior subordinated notes in an
institutional private placement, subject to market and other conditions. The net
proceeds of the offering will be used to redeem approximately $100 million of
the outstanding $199 million principal amount of Lamar Media's 8 5/8% Senior
Subordinated Notes due 2007 and for general corporate purposes. Lamar Media has
the right to redeem all or a portion of the 8 5/8% notes at 104.313% of the
principal amount plus accrued and unpaid interest.

This announcement is neither an offer to sell nor a solicitation to buy any of
the notes.

The notes have not been registered under the Securities Act of 1933, as amended,
or any state securities laws, and are being offered only to qualified
institutional buyers in reliance on Rule 144A under the Securities Act and
outside of the United States in accordance with Regulation S under the
Securities Act. Unless so registered, the notes may not be sold in the United
States except pursuant to an exemption from the registration requirements of the
Securities Act and applicable state securities laws.

This press release contains forward-looking statements regarding Lamar Media's
ability to complete the offering and redeem a portion of its 8 5/8% Senior
Subordinated Notes due 2007. These forward-looking statements involve a number
of risks and uncertainties. Among important factors that could cause actual
results to differ materially from those indicated in such forward-looking
statements are uncertainties relating to market conditions for corporate debt
securities in general and our notes in particular.

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