CUMULUS MEDIA INC

Ticker: CMLS CUSIP: 231082801 Class: Common Stock

MACKAY SHIELDS LLC's Holding History (CIK: 0000061227)

Note: Option positions (PUT/CALL) are excluded.

Q1 2020

Shares 73,100 Value ($000) $396 Avg Close $11.98 Range $4.31 - $17.73

Q4 2019

Shares 26,300 Value ($000) $462 Avg Close $15.32 Range $12.72 - $18.15

Period	Shares	Value ($000)	Average Close	Price Range
Q1 2020	73,100	$396	$11.98	$4.31 - $17.73
Q4 2019	26,300	$462	$15.32	$12.72 - $18.15