Windstream Announces Partial Redemption of Its Subsidiary's 9.5% Senior Notes due 2015

Windstream Corp. announced today that its wholly owned subsidiary, PAETEC Holding Corp., is calling for redemption $150.0 million aggregate principal amount of its outstanding 9.5% Senior Notes due 2015 on January 3, 2012, at a redemption price payable in cash in other words equal to $1,047.50 per $1,000 principal amount of Notes, plus accrued and unpaid interest to, however excluding, the redemption date.

Windstream Corp. is a leading provider of advanced network communications, including cloud computing and managed services, to businesses nationwide.  The company as well offers broadband, phone and digital TV services to consumers primarily in rural areas.  Windstream has more than $6 billion in annual earnings and is listed on the S&P 500 index.  For more information, visit www.windstream.com .