BEASLEY BROADCAST GROUP INC — Director's Dealing 2007

May 10, 2007

SEC Form 3 — Initial Statement of Beneficial Ownership

Issuer: BEASLEY BROADCAST GROUP INC (BBGI)
CIK: 0001099160
Period of Report: 2007-05-09

Reporting Person: KING LUTHER CAPITAL MANAGEMENT CORP (10% Owner)

Holdings (Non-Derivative)

Security	Shares	Ownership
Class A Common Stock	951820	Indirect

Footnotes

F1: Includes (i) 751,820 shares held by LKCM Private Discipline Master Fund, SPC (Master Fund) and (ii) 200,000 shares held by LKCM Investment Partnership, L.P. (LKCM Partnership).

F2: This Form 3 is filed on behalf of Master Fund, LKCM Partnership, Luther King Capital Management Corporation (LKCM), J. Luther King, Jr. and J. Bryan King (collectively, Filing Persons). LKCM Private Discipline Management, L.P. (PD Management) is the manager of Master Fund. LKCM Alternative Management, LLC (PD Alternative) is the general partner of PD Management. LKCM Investment Partnership GP, LLC (LKCM Partnership GP) is the general partner of LKCM Partnership. LKCM is the investment manager for Master Fund and LKCM Partnership. J. Luther King, Jr. is the controlling shareholder of LKCM and the controlling member of LKCM Partnership GP. J. Luther King, Jr. and J. Bryan King are controlling members of PD Alternative.

F3: Each of the Filing Persons hereby expressly disclaims membership in a group under the Securities Exchange Act of 1934 with respect to the securities reported herein, and this Form 3 shall not be deemed to be an admission that any such Filing Person is a member of such a group. Each of the Filing Persons hereby expressly disclaims beneficial ownership of the securities reported herein, other than to the extent of its pecuniary interest therein, and this Form 3 shall not be deemed to be an admission that any such Filing Person is the beneficial owner of the securities reported herein for purposes of the Securities Exchange Act of 1934 or for any other purpose.