OKLAHOMA CITY, Dec. 31, 2003 (PRIMEZONE) -- American Cellular Corporation today reported that, as of 5:00 p.m., New York City time, on December 30, 2003, $900 million principal amount, representing all of American Cellular's outstanding 10% Senior Notes due 2011, have been tendered in exchange for new 10% Senior Notes due 2011, which have been registered under the Securities Act of 1933. American Cellular has accepted all tenders of its 10% Senior Notes.
American Cellular is a wholly owned, indirect subsidiary of Dobson Communications Corporation (Nasdaq:DCEL).