FairPoint Communications 2003 Annual Report Download - page 95

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Exhibit 14
FairPoint Communications, Inc.
Code of Ethics for Financial Professionals
Employees are FairPoint Communications, Inc.'s most important asset. Accordingly, FairPoint expects all its and its subsidiaries'
employees to act with the highest standards of personal and professional honesty and integrity in all aspects of their activities, to comply with
applicable laws, rules and regulations, to deter wrongdoing and to comply with all policies and procedures adopted by FairPoint that govern
the conduct of its employees.
In response to rules adopted by the United States Securities and Exchange Commission under Section 406 of the Sarbanes-Oxley Act
of 2002, FairPoint has adopted this Code of Ethics for Financial Professionals. This Code sets forth written standards that are designed to
deter wrongdoing and to promote honest and ethical conduct by FairPoint's senior financial officers, including its chief executive officer, and is
a supplement to FairPoint's Code of Conduct and the other policies and procedures that govern the conduct of employees of FairPoint and its
subsidiaries. In addition to applying to FairPoint's chief executive officer, chief financial officer, vice president of finance and treasurer,
controller and regional controllers, this Code of Ethics for Financial Professionals shall apply to all of the other persons employed by
FairPoint or its subsidiaries who have significant responsibility for preparing or overseeing the preparation of FairPoint's financial statements
and the other financial data included in FairPoint's periodic reports to the Securities and Exchange Commission and in other public
communications made by FairPoint that are designated from time to time by the chief financial officer as senior financial professionals.
As a senior financial professional employed by FairPoint or one of its subsidiaries, I agree to use my best efforts and abilities at all times
to:
1. Act with honesty and integrity and promote honest and ethical conduct, including the ethical handling of actual or apparent
conflicts of interest in my personal and professional relationships, and promote honest and ethical conduct among my
colleagues by setting an example of such for them through my own conduct.
2. Protect the confidentiality of information I obtain in the course of my work, except when I am authorized or otherwise legally
obligated to disclose such information, and not use any confidential information for personal advantage.
3. Produce full, fair, accurate, timely and understandable disclosure in reports and other documents that FairPoint or its
subsidiaries file with, or submit to, the Securities and Exchange Commission and in other public communications made by
FairPoint or its subsidiaries.
4. Comply with applicable laws, rules and regulations of any federal, state or local government or of any other public or private
regulatory organization.
5. Act in good faith, responsibly, with due care, competence and diligence without misrepresenting material facts or allowing my
independent judgment to be subordinated to that of another.
6. Use and control all of the assets and resources employed or entrusted to me by FairPoint in a responsible and ethical manner.
7. Report any conduct that I believe could be a possible violation of this Code of Ethics for Financial Professionals promptly to
FairPoint's general counsel or to a member of FairPoint's board of directors serving on the audit committee of the board.
I understand that I am prohibited from directly or indirectly taking any action to fraudulently influence, coerce, manipulate or mislead
FairPoint's or its subsidiaries' independent public auditors for any purpose.
I also understand that I will be held accountable for my adherence to this Code of Ethics for Financial Professionals, and that my failure
to observe the terms of this Code of Ethics for Financial Professionals may result in disciplinary action up to and including immediate
termination. In addition, I understand that my agreement to comply with all of the terms of this Code of Ethics for Financial Professionals
does not constitute a contract of employment. Finally, I understand that violations of this Code of Ethics for Financial Professionals may
constitute violations of law, which could result in civil and criminal penalties for me, my supervisors and/or FairPoint.
I acknowledge that I have received and read FairPoint's Code of Ethics for Financial Professionals, have had an
opportunity to ask questions about it and understand all of my obligations under it.
Please print your name:
Please sign here: Date
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