CUMULUS MEDIA INC

Ticker: CMLS CUSIP: 231082801 Class: Common Stock

Tikvah Management LLC's Holding History (CIK: 0001606477)

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

Q1 2019

Shares 104,047 Value ($000) $1,874 Avg Close $15.38 Range $10.99 - $20.00

Q4 2018

Shares 173,117 Value ($000) $1,870 Avg Close $13.79 Range $9.70 - $17.68

Q3 2018

Shares 66,726 Value ($000) $1,136 Avg Close $18.20 Range $16.08 - $20.99

Period	Shares	Value ($000)	Average Close	Price Range
Q1 2019	104,047	$1,874	$15.38	$10.99 - $20.00
Q4 2018	173,117	$1,870	$13.79	$9.70 - $17.68
Q3 2018	66,726	$1,136	$18.20	$16.08 - $20.99