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CABARRUS <br />ECOA~OMIC DEVELOPMEN~i <br />INDUSTRIAL GRANT ANAL YSIS OVERVIEW (estimated) <br />Company's Legal Name: MRN Radio, a wholly owned subsidiary of International <br />Speedway Corporation <br />Company Representative: Kathy Milthorpe <br />State of Incorporation: Florida <br />Nature of Business: Independent Sports Radio Network (provides NASCAR <br />racing and related radio programming to >700 radio stations nationwide. <br />Current operations in Cabarrus County: None <br />Current Employment: In Daytona, Florida X35 employees <br />Proposed new or additional Cabarrus facility <br />Proposed Location: 400 Akins Drive, Concord <br />Additional Square Feet: None <br />Investment: $1,800,000 <br />Number of new full time jobs: 35 initially -total employment to <br />grow to 50-60 by 2010. <br />WCSR 3481184v1 ~ -' <br />