Dobson Communications Announces Notice of Redemption for Dobson Cellular Systems, Inc.'s Remaining First Priority Senior Secured Floating Rate Notes Due 2011


OKLAHOMA CITY, Oct. 5, 2006 (PRIMEZONE) -- Dobson Communications Corporation (the Company) (Nasdaq:DCEL) announced today that its wholly owned subsidiary Dobson Cellular Systems, Inc. (Dobson Cellular) has issued a notice of redemption for the remaining $15,559,000 in outstanding First Priority Senior Secured Floating Rate Notes due 2011 (CUSIP No. 256067-AF-6). The redemption date will be November 7, 2006 and the redemption price shall equal 102.000% of the principal amount plus accrued interest.

Dobson Communications is the third largest wireless services provider in the United States, primarily serving rural markets in 17 states. For additional information on the Company and its operations, please visit its Web site at www.dobson.net.



            

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