FairPoint Communications to Present at the Morgan Stanley Tenth Annual

    Business Editors
    Morgan Stanley Tenth Annual Media & Communications Conference

    CHARLOTTE, N.C.--(BUSINESS WIRE)--May 3, 2005--FairPoint Communications, Inc. (NYSE:FRP) ("FairPoint") today announced that it will participate in the Morgan Stanley Tenth Annual Media & Communications Conference to be held in Washington, D.C. from May 5-6, 2005. Walter E. Leach, Executive Vice President and Chief Financial Officer and Timothy W. Henry, Vice President of Finance & Treasurer, will present at the conference on Friday, May 6th from 2:00 pm EST to 2:40 pm EST.

    About FairPoint

    FairPoint is a leading provider of communications services to rural communities across the country. Incorporated in 1991, FairPoint's mission is to acquire and operate telecommunications companies that set the standard of excellence for the delivery of service to rural communities. Today, FairPoint owns and operates 26 rural local exchange companies (RLECs) located in 17 states. FairPoint serves customers with approximately 274,098 access line equivalents (voice access lines and high speed data lines, which include DSL, cable modem and wireless broadband) as of December 31, 2004 and offers an array of services, including local and long distance voice, data, Internet and broadband offerings.

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CONTACT: FairPoint Communications, Inc. Investors, Timothy W. Henry, 866-377-3747; thenry@fairpoint.com; Media, Jennifer Sharpe, 704-227-3629, jsharpe@fairpoint.com; www.fairpoint.com

KEYWORD: NORTH CAROLINA DISTRICT OF COLUMBIA INDUSTRY KEYWORD: TELECOMMUNICATIONS TRADESHOW SOURCE: FairPoint Communications, Inc.

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