HickoryTech Corporation Declares Regular Quarterly Dividend


MANKATO, Minn., May 1, 2008 (PRIME NEWSWIRE) -- HickoryTech Corporation (Nasdaq:HTCO) announced today that its board of directors has declared a regular quarterly dividend of 12 cents per share, payable June 5, 2008, to shareholders of record May 15, 2008. The company has a long history of paying quarterly cash dividends.

About HickoryTech

HickoryTech Corporation (Nasdaq:HTCO), headquartered in Mankato, Minn., offers integrated communication products and services to business and residential customers over a regional fiber network. The company is in its 110th year of operation and has approximately 410 employees. The Telecom Sector, with facilities-based operations in Minnesota and Iowa, offers local voice, long distance, high-speed Internet, Digital TV and IP networking services to residential and business customers. In addition, the Telecom Sector develops telecom and carrier access billing solutions and customer management systems. The Enventis Sector provides IP-based voice, data and network solutions to businesses across a five-state region. For more information, visit www.hickorytech.com.

Forward Looking Statement

The press release may contain forward-looking statements that are not based on historical facts. Such forward-looking statements involve known and unknown risks, uncertainties and other factors that may cause actual results, events or developments to be materially different from future results, events or developments described in the forward-looking statements. Such factors include those risks described in HickoryTech's Form 10-K on file with the SEC. These factors should be considered carefully and readers are cautioned not to place undue reliance on such forward-looking statements. Except as required by federal securities laws, HickoryTech undertakes no obligation to update any of its forward-looking statements for any reason.



            

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