BEASLEY BROADCAST GROUP INC — Director's Dealing 2008

Jan 7, 2008

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: BEASLEY BROADCAST GROUP INC (BBGI)
CIK: 0001099160
Period of Report: 2008-01-03

Reporting Person: BEASLEY GEORGE G (Director, Chief Executive Officer, 10% Owner)

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2008-01-03	Class B Common Stock	$	J	48044	Acquired		Class A Common Stock (48044)	Indirect

Holdings (Derivative)

Security	Exercise Price	Expiration	Underlying	Shares	Ownership
Class B Common Stock	$		Class A Common Stock (62322)	62322	Direct
Class B Common Stock	$		Class A Common Stock (10948034)	10948034	Indirect
Class B Common Stock	$		Class A Common Stock (48)	48	Indirect
Class B Common Stock	$		Class A Common Stock (211019)	211019	Indirect
Class B Common Stock	$		Class A Common Stock (24014)	24014	Indirect
Class B Common Stock	$		Class A Common Stock (296736)	296736	Indirect

Footnotes

F1: Class B common stock converts to Class A common stock on a one-for-one basis.

F2: This transfer was made from the George Beasley Estate Reduction Trust, dated June 7, 1999, B. Caroline Beasley and Bruce G. Beasley as Co-Trustees.

F3: This column is not applicable to this transaction.

F4: By George G. Beasley as Trustee of the George G. Beasley Revocable Living Trust, dated May 26, 2006, as amended.

F5: This column is not applicable to this holding.

F6: By George Beasley as Trustee of the GGB Family Limited Partnership Florida Intangible Tax Trust.

F7: By George G. Beasley as Trustee of the George G. Beasley Grantor Retained Annuity Trust #1, dated June 19, 2006.

F8: By George G. Beasley as Trustee of the George G. Beasley Grantor Retained Annuity Trust #2, dated June 19, 2006.

F9: George G. Beasley is the sole shareholder of GGB Family Enterprises, Inc.

F10: By George Beasley as Trustee of the REB Florida Intangible Tax Trust, dated August 20, 2004.