Alaska Communications Systems Group

Ticker Symbol: ALSK Exchange: NASDAQ

Company Profile

Headquarterd in Anchorage, ACS is Alaska's leading provider of broadband and other wireline and wireless communications solutions to business and residential customers. ACS operates in two segments: Wireline and Wireless. The company's wireline operations include a statewide Metro Ethernet network, data hosting centers in Alaska and Oregon and the state's only undersea fiber optic system connecting Alaska to the contiguous United States. ACS' wireless operations include the largest 3G network in the state covering 75% of Alaska's population, as well as ample 3G and 4G wireless spectrum

Key Products & Services:
3G wireless services, broadband internet access and wireline voice

Target Investor:
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Risk:

Key Statistics 2005 2006 2007 2008 2009 2010
Revenue ($ millions) $326.8 $348.7 $385.8 $389.6 $346.5 $341.5
EPS $0.31 $0.78 $0.17 ($0.07) ($0.08) ($0.69)
Dividend $0.80 $0.86 $0.86 $0.86 $0.86 $0.86

DRIP Plan Summary:
Shares Needed to Qualify: 1
Minimum Additional Investment: $25
Maximum Additional Investment: $10,000/transaction, $120,000/year
Additional Purchase Discount: None
Purchase Trading Fee: $5 plus $0.06/share
$2 plus $0.06/share
Dividend Reinvestment Trading Fee: $0.06/share (all shareholders)
Dividend Reinvestment Service Fee: 5%, maximum = $3 (owners of > 100 shares)

Plan Prospectus

Investor Contact Information:
Transfer Agent: Bank of New York Mellon
Mail: Alaska Communications Systems Group Inc.
c/o The Bank of New York Mellon
P.O. Box 358035
Pittsburgh, PA 15252
Phone: 877-870-2426
IR website: http://www.alsk.com/


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