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05.01.2006 15:30:00

Alltel Names John Fletcher as General Counsel of New Wireline Company

Alltel (NYSE: AT) announced today that John P. Fletcherhas been named executive vice president and general counsel of the newcompany that Alltel's wireline business is forming after its mergerwith VALOR Communications Group Inc. Fletcher will assume his newposition Feb. 13.

Since 2000, Fletcher has been a partner with Kutak Rock LLP inLittle Rock. His work with the national law firm has focused oncorporate, securities and merger and acquisition matters.

In 2005, Fletcher played a key role in Alltel's transactions withWestern Wireless Corp., Midwest Wireless and the merger with VALOR. Healso has represented other public companies in a wide range of mergerand capital market transactions.

"I'm very pleased that John has agreed to join the new wirelinecompany," said Jeff Gardner, Alltel's chief financial officer who willbecome president and chief executive officer of the new company. "Hewill be a great asset to our leadership team."

Fletcher has been at Kutak Rock since 1998. He worked at the RoseLaw Firm of Little Rock from 1993-98.

He is a graduate of the Southern Methodist University Law School,where he served on the law journal and was elected to the Order of theCoif. He also is an honors graduate of Duke University.

Alltel announced Dec. 9 that it would spin off its wirelinebusiness and merge it with VALOR. The combination will create a majorwireline competitor focused on the rural U.S.

Alltel is a customer-focused communications company with more than15 million customers in 36 states and nearly $10 billion in annualrevenues.

Alltel, NYSE: AT

www.alltel.com

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