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EXHIBIT 1.04
NOTICE OF GUARANTEED DELIVERY
OFFER FOR ALL OUTSTANDING
9% SERIES A SENIOR SUBORDINATED NOTES DUE 2011
IN EXCHANGE FOR
9% SERIES B SENIOR SUBORDINATED NOTES DUE 2011
OF
SALEM COMMUNICATIONS HOLDING CORPORATION
THIS EXCHANGE OFFER WILL EXPIRE AT 5:00 P.M., NEW YORK CITY TIME, ON
, 2001, UNLESS EXTENDED
Registered holders of privately placed 9% Series A Senior Subordinated
Notes Due 2011 (the "Old Notes") who wish to tender their Old Notes in exchange
for a like principal amount of 9% Series B Senior Subordinated Notes Due 2011
(the "Exchange Notes") and (i) whose Old Notes are not immediately available, or
(ii) who cannot deliver their Old Notes and Letter of Transmittal or any other
documents required by the Letter of Transmittal to The Bank of New York, as
exchange agent (the "Exchange Agent") on or prior to the Expiration Date, or
(iii) who cannot complete the procedures for delivery by book-entry transfer on
a timely basis must use this Notice of Guaranteed Delivery or one substantially
equivalent hereto. This Notice of Guaranteed Delivery may be delivered by hand
or sent by facsimile transmission or mail to the Exchange Agent. See "THE
EXCHANGE OFFER -- Procedures for Tendering Old Notes" in the Prospectus.
The Exchange Agent is The Bank of New York, whose mailing address,
facsimile number and telephone number are as follows:
<Table>
By Hand, Overnight Courier, By Facsimile: By U.S. Mail
or Registered/Certified Mail Delivery: (212) 815-6339 The Bank of New York
The Bank of New York Confirm Facsimile P. O. Box 11265
101 Barclay Street By Telephone: Church Street Station
Bond Redemption Unit Carolle Montreuil Fiscal Agencies
Lobby Level (212) 815-5920 Dept. 101B 7E
New York, NY 10286 New York, NY 10286
Attn: Carolle Montreuil Attn: Carolle Montreuil
</Table>
Delivery of this Notice of Guaranteed Delivery to an address other than as
set forth above or transmission of instructions via a facsimile transmission to
a number other than as set forth above will not constitute a valid delivery.
This Notice of Guaranteed Delivery is not to be used to guarantee
signatures. If a signature on a Letter of Transmittal is required to be
guaranteed by an Eligible Institution under the instructions thereto, such
signature guarantee must appear in the applicable space provided on the Letter
of Transmittal for Guarantee of Signatures.
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Ladies and Gentlemen:
The undersigned hereby tenders the principal amount of Old Notes
indicated below, upon the terms and subject to the conditions contained in
the Registration Statement on Form S-4 filed by Salem Communications
Holding Corporation, a Delaware corporation ("Salem Holding"), Salem
Communications Corporation, a Delaware corporation ("Parent") and Parent's
subsidiaries other than Salem Holding identified therein as Other
Registrants with the Securities and Exchange Commission (the "Registration
Statement") and the accompanying Prospectus dated , 2001
included therein (the "Prospectus"), receipt of which is hereby
acknowledged.
DESCRIPTION OF SECURITIES TENDERED
<Table>
<Caption>
NAME AND ADDRESS OF REGISTERED CERTIFICATE NUMBER(S) PRINCIPAL AMOUNT OF
HOLDER AS IT APPEARS ON THE OLD NOTES OF OLD NOTES TRANSMITTED OLD NOTES TRANSMITTED
------------------------------------- ------------------------ ---------------------
- ------------------------------------------ ------------------------- -------------------------
- ------------------------------------------ ------------------------- -------------------------
- ------------------------------------------ ------------------------- -------------------------
- ------------------------------------------ ------------------------- -------------------------
- ------------------------------------------ ------------------------- -------------------------
</Table>
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THE FOLLOWING GUARANTEE MUST BE COMPLETED
GUARANTEE
(NOT TO BE USED FOR SIGNATURE GUARANTEE)
The undersigned, a firm that is a member of a registered national
securities exchange or a member of the National Association of Securities
Dealers, Inc. or a commercial bank or trust company having an office, branch,
agency or correspondent in the United States, which is a member of a recognized
Medallion Signature Program approved by the Securities Transfer Association,
Inc., hereby guarantees to deliver to the Exchange Agent at one of its addresses
set forth above, either the Old Notes tendered hereby in proper form for
transfer, or confirmation of the book-entry transfer of such Old Notes to the
Exchange Agent's account at The Depository Trust Company pursuant to the
procedures for book-entry transfer set forth in the Prospectus, in either case
together with a properly completed and duly executed Letter of Transmittal (or
facsimile thereof), with any required signature guarantees, and any other
documents required by the Letter of Transmittal within five New York Stock
Exchange, Inc. trading days after the date of execution of this Notice of
Guaranteed Delivery.
Name of Firm:
(AUTHORIZED SIGNATURE)
Address:
(ZIP CODE)
Area Code and Telephone Number:
Name:
(PLEASE TYPE OR PRINT)
Title:
Date: , 2001
If Old Notes will be tendered by book-entry transfer, provide the following
information:
DTC Account Number:
Date:
NOTE: DO NOT SEND OLD NOTES WITH THIS NOTICE OF GUARANTEED DELIVERY. OLD NOTES
SHOULD BE SENT WITH YOUR LETTER OF TRANSMITTAL.
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