Dobson Communications Announces Completion Of Exchange Offer For Its 8 7/8% Senior Notes Due 2013


OKLAHOMA CITY, Dec. 31, 2003 (PRIMEZONE) -- Dobson Communications Corporation (Nasdaq:DCEL) today reported that, as of 12:00 p.m., midnight, New York City time, on December 30, 2003, $650 million principal amount, representing all of its outstanding 8 7/8% Senior Notes due 2013, have been tendered in exchange for new 8 7/8% Senior Notes due 2013, which have been registered under the Securities Act of 1933. Dobson Communication has accepted all tenders of its 8 7/8% Senior Notes.

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 11.1 million. The Company serves 1.6 million customers. For additional information on the Company and its operations, please visit its Web site at http://www.dobson.net.



            

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