Frontier Communications 2004 Annual Report Download - page 93

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CITIZENS EPPICS
In January 1996, our wholly-owed subsidiary, Citizens Utilities Trust (the Trust), in an underwritten public
offering, issued 4,025,000 units of 5% Company Obligated Mandatorily Redeemable Convertible Preferred Securities
due 2036 (EPPICS), representing preferred undivided interests in the assets of the Trust, each with a liquidation
preference of $50 per unit. These units are listed on the New York Stock Exchange, and trade under the symbol
“CZN_P.” Each unit is convertible, at the option of the holder, into Citizens Communications Company common shares
at a rate of 4.3615 Citizens shares per $50 EPPICS unit, or a conversion price per Citizens common share of $11.46.
Citizens declares and pays quarterly distributions on its EPPICS at an annualized rate of 5%, payable in cash or common
stock at the option of the Company. EPPICS must be purchased through, held and converted by a broker or custodial
institution. Please contact your broker or custodial institution for additional information about this security.
STOCK TRANSFER AGENT
Registered shareholders with inquiries concerning account histories, stock transfers, account consolidations, lost
certificates, changes of address, receipt of duplicate material, and any account-related information should contact
Illinois Stock Transfer Company by telephoning 800.757.5755 or 312.427.2953, by faxing to 312.427.2879, or by
writing to Citizens Communications, c/o Illinois Stock Transfer Company, 209 West Jackson Boulevard, Suite 903,
Chicago, IL 60606-6905.
WEBSITE
Company information, including quarterly and annual financial publications, press releases, public remarks and
presentations by Citizens management, and other materials, may be found at www.czn.net.
SHAREHOLDER INQUIRIES
Investor material is available on Citizens’ website at www.czn.net. Copies of the company’s 2004 Form 10-K
report filed with the U.S. Securities and Exchange Commission and other information about the company may be
requested by telephoning 402.572.4972, faxing to 203.614.4602, or emailing [email protected].
CORPORATE HEADQUARTERS
Citizens Communications
3 High Ridge Park
Stamford, CT 06905-1390
Tel. 203.614.5600
Fax 203.614.4602
Email [email protected]