URBAN ONE, INC. — Director's Dealing 2008

Nov 20, 2008

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: RADIO ONE INC (ROIA/ROIAK)
CIK: 0001041657
Period of Report: 2008-11-18

Reporting Person: HUGHES CATHERINE L (Director, Chairperson and Secretary, 10% Owner)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2008-11-18	Class D Common Stock (ROIAK)	A	20010	$0.16	Acquired	3143782	Direct

Footnotes

F1: The Reporting Person holds a total of 3,143,782 shares of Class D common stock of Radio One, Inc. as follows: (1) 125,276 shares in her own name, (2) 2,987,008 shares held by the Catherine L. Hughes Revocable Trust, and (3) 31,498 shares are held by the Hughes-Liggins Family Partners, LP, of which the revocable trust is a member of the general partner and a limited partner. The Reporting Person disclaims beneficial ownership of the shares except to the extent of her pecuniary interest therein.