FairPoint Communications to Release 2008 First Quarter Earnings Results

CHARLOTTE, N.C., May 8 /PRNewswire-FirstCall/ -- FairPoint Communications, Inc. announced today that it will release its 2008 first quarter financial results at 6:30 a.m. (EDT) on Friday, May 16, 2008. The Company will hold its earnings conference call at 8:30 a.m. (EDT) on the same morning, Friday, May 16, 2008.

Participants should call (888) 253-4456 (US/Canada) or (706) 643-3201 (international) at 8:20 a.m. (EDT) and request the FairPoint Communications First Quarter 2008 Earnings Call or Conference ID# 46956451. A telephonic replay will be available for anyone unable to participate in the live call. To access the replay, call (800) 642-1687 (US/Canada) or (706) 645-9291 (international) and enter confirmation code 46956451. The recording will be available from Friday, May 16, 2008 at 11:00 a.m. (EDT) through Friday, May 23, 2008 at 11:59 p.m. (EDT).

A live broadcast of the earnings conference call will be available via the Internet at http://www.fairpoint.com/ under the Investor Relations section. An online replay will be available beginning at 1:00 p.m. (EDT) on May 16, 2008 and will remain available for one year.

About FairPoint

FairPoint Communications, Inc. is an industry leading provider of communications services to communities across the country. Today, FairPoint owns and operates 32 local exchange companies in 18 states offering advanced communications with a personal touch including local and long distance voice, data, Internet, television and broadband services. FairPoint is traded on the New York Stock Exchange under the symbol FRP. Learn more at http://www.fairpoint.com/.

This press release may contain forward-looking statements by FairPoint that are not based on historical fact, including, without limitation, statements containing the words "expects," "anticipates," "intends," "plans," "believes," "seeks," "estimates" and similar expressions and statements. Because these forward-looking statements involve known and unknown risks and uncertainties, there are important factors that could cause actual results, events or developments to differ materially from those expressed or implied by these forward-looking statements. Such factors include those risks described from time to time in FairPoint's filings with the Securities and Exchange Commission ("SEC"), including, without limitation, the risks described in FairPoint's most recent Annual Report on Form 10-K on file with the SEC. These factors should be considered carefully and readers are cautioned not to place undue reliance on such forward-looking statements. All information is current as of the date this press release is issued, and FairPoint undertakes no duty to update this information.

CONTACTS: Investors: Brett Ellis 866-377-3747 bellis@fairpoint.com Media: Rose Cummings 704-602-7304 rcummings@fairpoint.com