VCG Valor Comm Grp

VALOR Communications Group, Inc. Announces Exchange Offer for 7-3/4% Senior Notes Due 2015 IRVING, Texas, July 6 /PRNewswire-FirstCall/ -- VALOR Communications Group, Inc. (NYSE:VCG), today announced that on Friday, July 1, 2005, it commenced an offer to exchange all outstanding 7-3/4% Senior Notes due 2015 (the "old notes"), for up to $400 million aggregate principal amount at maturity of 7-3/4% Senior Notes due 2015 (the "new notes") that have been registered under the Securities Act of 1933, as amended. The terms of the new notes to be issued in the exchange are substantially identical to the old notes, except that the transfer restrictions and registration rights relating to the old notes will not apply to the new notes. The new notes will mature on February 15, 2015. The exchange offer will expire at 5:00 p.m., (EDT) on August 3, 2005, unless VALOR Communications Group, Inc. decides to extend the exchange offer. The exchange agent for the exchange offer is The Bank of New York, Attention: Corporate Trust Administration, 101 Barclay Street - Floor 8 West, New York, NY 10286. For information by telephone, call 212-815-5788. About VALOR Communications Group VALOR Communications Group is one of the largest providers of telecommunications services in rural communities in the southwestern United States. The company, through its subsidiary VALOR Telecom, offers to residential, business and government customers a wide range of telecommunications services, including: local exchange telephone services, which covers basic dial-tone service as well as enhanced services, such as caller identification, voicemail and call waiting; long distance services; and data services, such as providing digital subscriber lines. VALOR Communications Group is headquartered in Irving, Texas. For more information, visit http://www.valortelecom.com/ Safe Harbor Statement "Safe Harbor" Statement under the Private Securities Litigation Reform Act of 1995: Statements in this press release regarding VALOR Communications Group's business which are not historical facts are "forward-looking statements" that involve risks and uncertainties. For a discussion of such risks and uncertainties, which could cause actual results to differ materially from those contained in the forward-looking statements, see "Risk Factors" in the Prospectus dated June 30, 2005 relating to the exchange offer filed with the Securities and Exchange Commission. We disclaim any obligation to publicly update or revise any forward-looking statement, whether as a result of new information, the occurrence of future events or otherwise, except as required by law. DATASOURCE: VALOR Communications Group, Inc. CONTACT: investor relations, Keith Terreri or Sheryl Seyer, +1-972-373-1296, or fax, +1-972-373-1150, or , or media, Cynthia T. Cruz, +1-972-373-1134, or fax, +1-469-420-2540, or , all of VALOR Communications Group, Inc. Web site: http://www.valortelecom.com/

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