HickoryTech Corporation Declares Regular Quarterly Dividend

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Thu Jul 31, 2008 2:30pm EDT

MANKATO, Minn.--(Business Wire)--
HickoryTech Corporation (Nasdaq: HTCO) announced today that its
board of directors has declared a regular quarterly dividend of 12
cents per share, payable Sept. 5, 2008, to shareholders of record Aug.
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 420
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.

HickoryTech
Jennifer Spaude, 507-386-3765

Copyright Business Wire 2008
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