Alaska Communications Systems Announces Quarterly Cash Dividend

Alaska Communications Systems Group, Inc. ("ACS") (NASDAQ:ALSK), today announced its board of directors declared a quarterly cash dividend of $0.215 per share on the company's common stock. The dividend is payable on July 16, 2008, to stockholders of record at the close of business on June 30, 2008. The company had approximately 43.3 million shares of common stock outstanding as of April 28, 2008.

About Alaska Communications Systems

Headquartered in Anchorage, ACS is Alaskas leading provider of broadband and other wireline and wireless solutions to Enterprise and mass market customers. The ACS wireline operations include the states most advanced data networks and, with the acquisition of Crest Communications and build of the AKORN fiber, will be the only company with a geographically diverse undersea fiber optic network connecting Alaska to the contiguous United States. The ACS wireless operations rely on the only statewide 3G network, reaching across Alaska from the North Slope to Ketchikan, with coverage extended via the best CDMA carriers in the Lower 49 and Canada. By investing in the fastest-growing market segments and attracting the highest-quality customers, ACS seeks to drive top and bottom-line growth, while continually improving customer experience and cost structure through process improvement. More information can be found on the company's website at or at its investor site at


ACS Corporate Communications (Media):
Director, Corporate Communications
Paula Dobbyn, 907-297-3000
ACS Investors (Investors):
Director, Investor Relations
Melissa Fouts, 907-564-7556

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