CenturyTel Increases Quarterly Cash Dividend

MONROE, La., Feb. 27 /PRNewswire-FirstCall/ -- CenturyTel, Inc. (NYSE: CTL) today announced that its Board of Directors voted to increase the quarterly cash dividend to $.065 from $.0625 per share, a 4.0 percent increase, payable on March 23, 2007, to shareholders of record on March 12, 2007.

"CenturyTel is pleased to announce an increase in our common dividend for the 34th consecutive year," Glen F. Post III, CenturyTel's chairman and chief executive officer, said.

CenturyTel is a leading provider of communications, high speed Internet and entertainment services in small-to-mid-size cities through our broadband and fiber transport networks. Included in the S&P 500 Index, CenturyTel delivers advanced communications with a personal touch to customers in 25 states. Visit us at http://www.centurytel.com .

SOURCE: CenturyTel, Inc.


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