FairPoint Communications 2006 Annual Report Download - page 125

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approved by the audit committee prior to engagement, regardless of the service being requested or the dollar amount involved.
Requests or applications for services that require specific separate approval by the audit committee are required to be submitted to the audit committee by
both management and the independent auditors, and must include a detailed description of the services to be provided and a joint statement confirming that the
provision of the proposed services does not impair the independence of the independent auditors.
The audit committee may delegate pre-approval authority to one or more of its members. The member or members to whom such authority is delegated
shall report any pre-approval decisions to the audit committee at its next scheduled meeting. The audit committee is prohibited from delegating to management
its responsibilities to pre-approve services to be performed by our independent auditors.



The financial statements filed as part of this Annual Report are listed in the index to the financial statements under “Item 8. Financial Statements and
Supplementary Data” in this Annual Report, which index to the financial statements is incorporated herein by reference. In addition, certain financial
statements of equity method investments owned by the Company are included as Exhibit 99.1 to this Annual Report.

The exhibits filed as part of this Annual Report are listed in the index to exhibits immediately preceding such exhibits, which index to exhibits is
incorporated herein by reference.
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