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Alaska Communications Systems Announces Quarterly Cash Dividend

ANCHORAGE, Alaska--(BUSINESS WIRE)--Alaska Communications Systems Group, Inc. ("ACS") (NASDAQ:ALSK) today announced its board of directors declared a quarterly cash dividend of $0.215 per share on the company's common stock. The dividend is payable on October 20, 2010 to stockholders of record at the close of business on September 30, 2010. The company had approximately 44.6 million shares of common stock outstanding as of July 19, 2010.

About Alaska Communications Systems

Headquartered in Anchorage, Alaska Communications Systems is Alaska's leading provider of broadband and other wireline and wireless solutions across businesses and consumers. The ACS wireline operations include the state's most advanced data networks and the only diverse undersea fiber optic system connecting Alaska to the contiguous United States. The company’s wireless operations include a statewide 3G CDMA network, reaching across Alaska from the North Slope to Ketchikan, with coverage extended via best-in-class CDMA carriers in the Lower 49 and Canada. By investing in the fastest-growing market segments and attracting the highest-quality customers, Alaska Communications Systems seeks to drive top and bottom-line growth, while continually improving the customer experience. More information can be found on the company's website at www.alaskacommunications.com or at its investor site at www.alsk.com.

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