CTE President and CEO to Address the 16th Annual Wachovia Securities Nantucket Equity Conference

About CTE

Headquartered in Dallas, PA, Commonwealth Telephone Enterprises,Inc., serves business and residential customers with a full array oftechnologically advanced data and voice telecommunications productsand services, including broadband data services and high-speedInternet access, delivered over its 100% digitally switched,fiber-rich network.

CTE's primary operating segments are: Commonwealth TelephoneCompany ("CT"), the nation's eighth largest publicly held independentlocal exchange carrier, which has been operating in various ruralPennsylvania markets since 1897; and, CTSI, LLC ("CTSI"), a localexchange carrier operating in competitive markets outside CT'sterritory, that formally commenced operations in 1997. CTE deploysbroadband DSL technology to offer high-speed Internet access in the CTand CTSI service territories. CTE's support businesses include epix(R)Internet Services (www.epix.net), a rural dial-up Internet serviceprovider ("ISP"), and Commonwealth Communications, a provider oftelecommunications equipment and facilities management services.

A web site featuring current information regarding CommonwealthTelephone Enterprises, Inc., can be found on the Internet atwww.ct-enterprises.com. However, the information on this web site doesnot form a part of this release.