HEFTEL BROADCASTING CORP
10-Q/A, 1997-02-26
RADIO BROADCASTING STATIONS
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<PAGE>


                           SECURITIES AND EXCHANGE COMMISSION
                                 Washington, D.C. 20549

                                      FORM 10-Q-A

(Mark One)
   / /        Quarterly Report Pursuant to Section 13 or 15(d) of the 
              Securities Exchange Act of 1934

                                          or

   /X/        Transition report Pursuant to Section 13 or 15(d) of the 
              Securities Exchange Act of 1934

   For the Transition period from October 1, 1996 to December 31, 1996
                            Commission file number 0-24516

                            HEFTEL BROADCASTING CORPORATION
                 (Exact name of registrant as specified in its charter)

               Delaware                              99-0113417
   (State or other jurisdiction of                 (I.R.S. Employer
    incorporation or organization)                Identification No.)

     100 Crescent Court, Suite 1777                      75201
          Dallas, Texas 75201                          (Zip Code)
 (Address of principal executive offices)

     Registrant's telephone number, including area code: (214) 855-8882

                  6767 West Tropicana Avenue, Suite 102
                          Las Vegas, Nevada 89103
              (former address, if changed from last report)
                            September 30, 1996
          (former fiscal year end, if changed from last report)

     Securities registered pursuant to Section 12(b) of the Act: None

          Securities registered pursuant to Section 12(g) of the Act:
                    Class A Common Stock, $.001 Par Value

Indicate by check mark whether the registrant (1) has filed all reports 
required to be filed by Section 13 or 15(d) of the Securities Exchange Act of 
1934 during the preceding 12 months (or for such shorter period that the 
registrant was required to file such reports), and (2) has been subject to 
filing requirements for the past 90 days.

                            Yes /X/           No / /

Indicate the number of shares outstanding of each of the issuer's classes of 
common stock, as of the latest practical date.

<TABLE>
<CAPTION>
Class                                      Outstanding at February 13, 1997
- -----                                      --------------------------------
<S>                                        <C>
Class A Common Stock, $.001 Par Value      16,377,731 shares
Class B Common Stock, $.001 Par Value      None
</TABLE>

<PAGE>
                                   SIGNATURES

     Pursuant to the requirements of the Securities Exchange Act of 1934, the
registrant has duly caused this Form 10-Q/A to be signed on its behalf by the 
undersigned thereunto duly authorized.


                                  HEFTEL BROADCASTING CORPORATION
                                  (Registrant)


                                  By:  /s/ Jeffrey T. Hinson       
                                       ----------------------------
                                  Name:    Jeffrey T. Hinson      
                                  Title:   Chief Financial Officer

Date: February 25, 1997



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