Location: Blountsville, AL

Partnership Interest Sold:

• 25% AL 1 RSA Limited Partnership

Purchaser: Oneonta Telephone Company (predecessor to Corr Wireless)

Location: Millington, TN

Partnership Interest Sold:

• 25% Memphis, TN MSA

Purchaser: Cingular

Location: Hogansburg, NY

Partnership Interest Sold:

• 13% NY 2 RSA Limited Partnership

Purchaser: Four Independent telcos

Location: East Corinth, VT

Partnership Interest Sold:

• 17% Vermont RSA L.P. (VT 1, VT 2b1 RSAs)

Purchaser: U.S. Cellular

Location: Yadkinville, NC

Partnership Interest Sold:

• 22% NC 15b1 RSA Limited Partnership

Purchaser: Alltel