June 23, 2008

Consolidated Communications Holdings, Inc. Announces Quarterly Dividend

MATTOON, Ill., June 23 /PRNewswire-FirstCall/ -- Consolidated Communications Holdings, Inc. (Nasdaq: CNSL) 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, 2008 to stockholders of record at the close of business on July 15, 2008.

About Consolidated

Consolidated Communications Holdings, Inc. is an established rural local exchange company providing voice, data and video services to residential and business customers in Illinois, Texas and Pennsylvania. Each of the operating companies has been operating in its local market for over 100 years. With approximately 282,641 ILEC access lines, 72,827 Competitive Local Exchange Carrier (CLEC) access line equivalents, 84,313 DSL subscribers, and 13,026 IPTV subscribers, Consolidated Communications offers a wide range of telecommunications services, including local and long distance service, custom calling features, private line services, high-speed Internet access, digital TV, carrier access services, and directory publishing. Consolidated Communications is the 13th largest local telephone company in the United States.

SOURCE
Consolidated Communications Holdings, Inc.

CONTACT:
Matt Smith, Director -- Investor Relations of Consolidated Communications Holdings, Inc., +1-217-258-9522, investor.relations@consolidated.com; or investors, Kirsten Chapman, or Cathy Mattison, cmattison@lhai.com, both of Lippert | Heilshorn & Associates, +1-415-433-3777, for Consolidated Communications Holdings, Inc.


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