Consolidated Communications Holdings, Inc. Announces Quarterly Dividend

Consolidated Communications Holdings, Inc. Announces Quarterly Dividend

MATTOON, Ill., June 29 /PRNewswire-FirstCall/ -- Consolidated Communications Holdings, Inc. (NASDAQ:CNSL) today announced that its board of directors has declared a quarterly dividend of $0.38738 per share on the company's common stock. The dividend is payable on August 1, 2006 to stockholders of record on July 15, 2006.

About Consolidated

Consolidated Communications Holdings, Inc. is an established rural local exchange company (RLEC) providing voice, data and video services to residential and business customers in Illinois and Texas. Each of the operating companies has been operating in their local markets for over 100 years. With approximately 241,000 local access lines and over 43,000 digital subscriber lines (DSL), Consolidated Communications offers a wide range of telecommunications services, including local and long distance service, custom calling features, private line services, dial-up and high-speed Internet access, digital TV, carrier access services, and directory publishing. Consolidated Communications is the 17th largest local telephone company in the United States.

Safe Harbor

This release contains forward-looking statements regarding future events and the future performance of Consolidated Communications Holdings, Inc. that involve risks, uncertainties and assumptions that could cause actual results to differ materially including, but not limited to, economic conditions, customer demand, increased competition in the relevant market and others. Please see the section entitled "Risk Factors" in our Annual Report on Form 10-K for the year ended December 31, 2005, as well as the documents that we file from time to time with the Securities and Exchange Commission, which contain additional important factors that could cause our actual results to differ from our current expectations and from the forward-looking statements discussed in this press release. Because of these risks, uncertainties and assumptions, you should not place undue reliance on the forward-looking statements. Furthermore, forward-looking statements speak only as of the date they are made. Consolidated does not undertake any obligation to update or review any such forward-looking information, whether as a result of new information, future events or otherwise.

Source: Consolidated Communications Holdings, Inc.

CONTACT: Stephen Jones, Vice President - Investor Relations of
Consolidated Communications Holdings, Inc., +1-217-258-9522,
investor.relations@consolidated.com , or Investor Relations, Kirsten Chapman
or Brad Gittings, both of Lippert - Heilshorn & Associates, +1-415-433-3777,
brad@lhai-sf.com

Web site: http://www.consolidated.com/

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