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C.E.I. Quarterly Dividend.

Business Editors/Hi-Tech Writers

BIRDSBORO, Pa.--(BUSINESS WIRE)--Feb. 27, 2001

The Board of Directors of Conestoga Enterprises, Inc. (NASDAQ:CENI), at its monthly meeting held on February 27, 2001, declared the quarterly common stock cash dividend of $.21 per share payable on

March 15, 2001 to common shareholders of record at the close of business on March 9, 2001.

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