Clear Channel Outdoor SC 13D / ARES MANAGEMENT ownership change | CCO 22 May 20

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Reporting Person	Date of Transaction	No. of Shares (Common Stock)	Price Per Share $	Where/How Effected
ASSF IV AIV B Holdings III, L.P.	3/25/2020	200,000	0.40	Open Market/Broker
ASSF IV AIV B Holdings III, L.P.	3/25/2020	200,000	0.40	Open Market/Broker
ASSF IV AIV B Holdings III, L.P.	3/25/2020	350,000	0.41	Open Market/Broker
ASSF IV AIV B Holdings III, L.P.	3/26/2020	200,000	0.79	Open Market/Broker
ASSF IV AIV B Holdings III, L.P.	3/26/2020	200,000	0.71	Open Market/Broker
ASSF IV AIV B Holdings III, L.P.	3/31/2020	500,000	0.66	Open Market/Broker
ASSF IV AIV B, L.P.	4/17/2020	300,000	0.76	Open Market/Broker
ASSF IV AIV B, L.P.	4/17/2020	500,000	0.77	Open Market/Broker
ASSF IV AIV B, L.P.	4/21/2020	200,000	0.72	Open Market/Broker
ASSF IV AIV B, L.P.	4/21/2020	300,000	0.73	Open Market/Broker
ASSF IV AIV B, L.P.	4/22/2020	230,000	0.86	Open Market/Broker
ASSF IV AIV B, L.P.	4/23/2020	300,000	1.16	Open Market/Broker
ASSF IV AIV B, L.P.	4/23/2020	250,000	0.89	Open Market/Broker
ASSF IV AIV B, L.P.	4/28/2020	250,000	0.95	Open Market/Broker
ASOF Holdings I, L.P.	5/12/2020	1,000,000	0.92	Open Market/Broker
ASOF Holdings I, L.P.	5/13/2020	1,000,000	0.92	Open Market/Broker
ASOF Holdings I, L.P.	5/14/2020	750,000	0.94	Open Market/Broker
ASOF Holdings I, L.P.	5/15/2020	250,000	0.88	Open Market/Broker
ASOF Holdings I, L.P.	5/19/2020	400,000	0.94	Open Market/Broker
ASOF Holdings I, L.P.	5/20/2020	300,000	0.99	Open Market/Broker
ASOF Holdings I, L.P.	5/21/2020	400,000	0.92	Open Market/Broker
ASOF Holdings I, L.P.	5/21/2020	84,000	0.93	Open Market/Broker
ASOF Holdings I, L.P.	5/21/2020	300,000	0.93	Open Market/Broker

Clear Channel Outdoor (CCO) SC 13DClear Channel Outdoor / ARES MANAGEMENT ownership change