Dobson Communications Announces Debt Repurchases


OKLAHOMA CITY, March 17, 2004 (PRIMEZONE) -- Dobson Communications Corporation (Nasdaq:DCEL) announced today that it has completed a series of open market transactions since the beginning of 2004 to repurchase approximately $55.5 million (original principal amount) of its 8 7/8% Senior Notes for approximately $48.3 million. CUSIP for the 8 7/8% Senior Notes is 256072AD1.

About Dobson Communications

Dobson Communications is a leading provider of wireless phone services to rural markets in the United States. Headquartered in Oklahoma City, the Company owns wireless operations in 16 states, with markets covering a population of 10.6 million. The Company serves 1.6 million customers. For additional information on the Company and its operations, please visit its Web site at www.dobson.net.



            

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