LAMAR ADVERTISING CO/NEW — Director's Dealing 2012

May 29, 2012

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: LAMAR ADVERTISING CO/NEW (LAMR)
CIK: 0001090425
Period of Report: 2012-05-24

Reporting Person: REIFENHEISER THOMAS V (Director)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2012-05-24	Class A Common Stock	A	1982	—	Acquired	19509	Direct

Footnotes

F1: The securities reported were granted pursuant to the Issuer's 1996 Equity Incentive Plan. 991 shares were fully vested on the date of grant and the remaining 991 shares vest on the last day of the Reporting Person's one-year term as director of the Issuer.