FairPoint Communications Appoints David L. Hauser Chairman and CEO

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Tue Jun 16, 2009 7:30am EDT

Public Utility Company Veteran to Guide FairPoint through Next Phase of Growth

CHARLOTTE, N.C., June 16 /PRNewswire-FirstCall/ -- FairPoint Communications,
Inc. (NYSE: FRP) announced today its Board of Directors has appointed David L.
Hauser to the position of Chairman and Chief Executive Officer. Hauser most
recently served as group executive and chief financial officer at Duke Energy
Corporation (NYSE: DUK). Hauser has been a member of FairPoint's Board of
Directors since February 2005, serving as a director, chairman of the
Compensation Committee and a member of the Audit Committee.

(Photo: http://www.newscom.com/cgi-bin/prnh/20090616/NY33016)

Hauser, 57, will assume his new responsibilities upon the retirement of
FairPoint Chairman and CEO Eugene B. Johnson, effective July 1, 2009. Johnson
had earlier indicated his intentions to retire. 

"David's past experience, financial acumen and extensive public company
experience will be instrumental in successfully realizing the growth and
opportunities that we envision for FairPoint," said Jane E. "Bonnie" Newman,
lead director of FairPoint.  "He will be passionately focused on customers and
shareholders alike."

Hauser joined Duke Energy (then Duke Power) in 1973. He held numerous
positions throughout the company including senior vice president of global
asset development. He also managed the fleet, warehousing and procurement
divisions. In June 1998, he was named senior vice president and treasurer. He
became acting chief financial officer in November 2003. Hauser was named group
vice president and chief financial officer in February 2004 and was named to
his most recent position in April 2006. 

"FairPoint is a dynamic, customer-focused organization that can and will
respond to the challenges that it faces today," said Hauser.  "There is no
doubt in my mind that we will be successful in the markets we serve, and that
our employees will continue to be the driver and backbone of that success."

Hauser continued, "While it is gratifying to be named chairman and CEO of this
longstanding organization, I am very aware of the operational and financial
concerns surrounding the company.  My primary focus will be to address these
concerns in quick succession and empower our team to seek and implement
solutions.  There is a lot of work to be done, and I am looking forward to
getting started."

"David has done it all," commented Johnson.  "From operations to finance,
there are numerous aspects of the enterprise that he has touched.  This,
coupled with his experience on FairPoint's Board of Directors, makes him the
ideal choice for our new Chairman and CEO.  I am thrilled to hand the reigns
over to him."

"As I assume this new role, I offer my thanks to Gene as he was the driving
force behind the company's growth for close to 20 years, punctuated by
FairPoint's acquisition of the northern New England properties.  On behalf of
the Board and the employees, I wish to thank Gene for his tireless efforts."

A native of High Point, N.C., Hauser graduated from Furman University in South
Carolina with a Bachelor of Arts degree in business administration. He
received a Master of Business Administration degree from the University of
North Carolina at Charlotte. He completed the Executive Program of
Professional Management Education at the University of North Carolina at
Chapel Hill.  

Hauser serves on the board of EnPro Industries, Inc. He is a member of the
boards of trustees of Furman University and the North Carolina Blumenthal
Performing Arts Center. He is also a member of the Business Advisory Council
for the University of North Carolina at Charlotte, and the North Carolina
Association of Certified Public Accountants.  

About FairPoint
FairPoint Communications, Inc. is an industry leading provider of
communications services to communities across the country. Today, FairPoint
owns and operates local exchange companies in 18 states offering advanced
communications with a personal touch, including local and long distance voice,
data, Internet, television and broadband services. FairPoint is traded on the
New York Stock Exchange under the symbol FRP.  Learn more at
www.fairpoint.com.

This press release may contain forward-looking statements by FairPoint that
are not based on historical fact, including, without limitation, statements
containing the words "expects," "anticipates," "intends," "plans," "believes,"
"seeks," "estimates" and similar expressions and statements. Because these
forward-looking statements involve known and unknown risks and uncertainties,
there are important factors that could cause actual results, events or
developments to differ materially from those expressed or implied by these
forward-looking statements. Such factors include those risks described from
time to time in FairPoint's filings with the Securities and Exchange
Commission ("SEC"), including, without limitation, the risks described in
FairPoint's most recent Annual Report on 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. All information is current
as of the date this press release is issued, and FairPoint undertakes no duty
to update this information.


SOURCE  FairPoint Communications, Inc.

Investors: Brett Ellis, +1-866-377-3747, bellis@fairpoint.com; Media: Rose
Cummings, +1-704-602-7304, rcummings@fairpoint.com, both of FairPoint
Communications, Inc.
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