The Companywill hold its earnings conference call at 8:30 a

The Companywill hold its earnings conference call at 8:30 a.m. (EDT), Wednesday, May 6,2009.Participants should call (888) 562-3356 (US/Canada) or (973) 582-2700(international) at 8:20 a.m. (EDT) and request the FairPoint CommunicationsFirst Quarter 2009 Earnings Call or Conference ID# 97880446. A telephonic replay will be available for anyone unable to participate in thelive call. To access the replay, call (800) 642-1687 (US/Canada) or (706)645-9291 (international) and enter confirmation code 97880446.The recordingwill be available from Wednesday, May 6, 2009 at 11:30 a.m (EDT) throughWednesday, May 13, 2009 at 11:59 p.m (EDT). A live broadcast of the earnings conference call will be available via theInternet at under the Investor Relations section.

An onlinereplay will be available beginning later that morning on May 6, 2009 and willremain available for one year.About FairPointFairPoint Communications, Inc. is an industry leading provider ofcommunications services to communities across the country. Today, FairPointowns and operates local exchange companies in 18 states offering advancedcommunications with a personal touch, including local and long distance voice,data, Internet, television and broadband services. FairPoint is traded on theNew York Stock Exchange under the symbol FRP.

Learn more at press release may contain forward-looking statements by FairPoint thatare not based on historical fact, including, without limitation, statementscontaining the words "expects," "anticipates," "intends," "plans," "believes,""seeks," "estimates" and similar expressions and statements. Because theseforward-looking statements involve known and unknown risks and uncertainties,there are important factors that could cause actual results, events ordevelopments to differ materially from those expressed or implied by theseforward-looking statements. Such factors include those risks described fromtime to time in FairPoint's filings with the Securities and ExchangeCommission ("SEC"), including, without limitation, the risks described inFairPoint's most recent Annual Report on Form 10-K on file with the SEC. Thesefactors should be considered carefully and readers are cautioned not to placeundue reliance on such forward-looking statements. All information is currentas of the date this press release is issued, and FairPoint undertakes no dutyto update this information.SOURCEFairPoint Communications, Inc.Investors: Brett Ellis, +1-866-377-3747, , orMedia: RoseCummings, +1-704-602-7304, .

SEI Thought Leadership Series Outlines Strategies, Opportunities for Competingin Multi-Trillion Dollar DCIO MarketProduct Packaging, Sales Structure Key to Successfully Tapping DefinedContribution Investment Only Market OAKS, Pa., April 30 /PRNewswire-FirstCall/ -- The Defined ContributionInvestment Only (DCIO) space, traditionally dominated by large firms withwell-known brands, is an increasingly attractive opportunity for investmentmanagers as plans broaden their fund selections to include specializedmanagers and strategies to satisfy their fiduciary responsibilities. Accordingto a four-part research series by SEI (Nasdaq: SEIC), with more than atrillion dollars in DCIO assets up for grabs over the next five years,managers with the strongest products, distribution strategies and salessupport will be the ones that capture assets and maintain profit margins. TheDCIO series, which was done in partnership with Sway Research, examines theopportunities in the DCIO market while providing insights to help managersbest position themselves for success."Historically, investment managers have been reluctant to enter this marketbecause it was tough to compete with the brand recognition and fundsaffiliated with record keepers. Today, with the right packaging, strong trackrecord and distribution model, managers can successfully compete for DCIOassets," said Phil Masterson, Managing Director for SEI's Investment ManagerServices division.

"This series was developed to help give managers theinsights that will start them on the right path." "The continued shift to open-architecture platforms, and the rising use ofasset allocation models and multi-manager portfolios, have expandedopportunities for investment managers of all sizes to gain share of the DCIOmarket," says Chris J. Brown, Principal of Sway Research.The briefs and an accompanying video presentation explore the key challengesfor managers seeking to build and maintain successful DCIO efforts.Specifically they explore DCIO distribution strategy, structure and staffing;DCIO product strategy; and maintaining profit margins on existing DCIObusinesses. The series serves as a resource for investment manager clients addressing thecritical aspects of building and maintaining a successful DCIO business. Todownload highlights of the research or to watch the video presentation, visit.