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<P align="right"><FONT size="2">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Filed by AirGate PCS, Inc.<BR>
Pursuant to Rule&nbsp;425 under the Securities Act of 1933, as amended<BR>
Subject Company: AirGate PCS, Inc.<BR>
Commission File No.: 027455
</FONT>
<P align="left" style="margin-left:0%; margin-right:0%"><FONT size="2"><B>Script of AirGate PCS Key Manager Conference Call &#150; September&nbsp;24, 2003</B>
</FONT>
<P align="left" style="margin-left:0%; margin-right:0%"><FONT size="2">Operator introduces Tom Dougherty.
</FONT>
<P align="left"><FONT size="2"><B>Introduction</B>
</FONT>

<P align="left" style="margin-left:0%; margin-right:0%"><FONT size="2">Good evening everyone, I&#146;m here with several members of our leadership team
including (introduce people), and xx and xx are also on the phone. Thanks for
joining us on very short notice, but it was important to me to gather everyone
together sooner rather than later. I&#146;ll begin this conversation and then we
will open up the phone lines so I can answer your questions.
</FONT>
<P align="left" style="margin-left:0%; margin-right:0%"><FONT size="2">Just after the market closed this afternoon, we announced the Company&#146;s
proposed recapitalization plan. You should have received a letter from me and
the press release earlier today. The purpose of this call is to discuss this
plan with you, provide clarity and information so you can answer employee
questions.
</FONT>
<P align="left" style="margin-left:0%; margin-right:0%"><FONT size="2">Before I get too deep into the details of this plan, I want to make something
very clear to all of you. This financial restructuring will have no impact on
you or the employment of your people here at AirGate. I can&#146;t express this
strongly enough. This is not a headcount reduction or job elimination proposal.
I suspect this issue will come up many times over the next few days and I want
to make sure each of you is very clear about the goals and purpose of this
recapitalization. This financial plan is designed to reduce our debt as well
as strengthen our balance sheet and base of shareholders. It&#146;s up to you as
leaders in this organization to ensure that your people understand this and the
rationale behind this plan.
</FONT>
<P align="left"><FONT size="2"><B>Plan Details</B>
</FONT>



<P align="center"><FONT size="2">1
</FONT>


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<P align="left" style="margin-left:0%; margin-right:0%"><FONT size="2">Okay, now that I&#146;ve cleared that up, let me discuss the details and foundation
of this plan. Because of the ongoing challenges in our business, we need a
strong, long-term capital structure to pursue our &#147;smart-growth&#148; strategy and
achieve our business objectives. We believe that achievement of this
recapitalization plan will provide us with a greatly
improved, simplified and more secure capital structure by substantially
reducing our debt burden. The plan will save more than $255&nbsp;million in
principal and interest payments, compared to our current debt structure.
</FONT>
<P align="left" style="margin-left:0%; margin-right:0%"><FONT size="2">The main component of the plan is an offer to exchange all of our $300&nbsp;million
outstanding old notes for a combination of $160&nbsp;million in new notes at a lower
interest rate and new shares of our common stock, which will represent
approximately 56&nbsp;percent of the outstanding equity.
</FONT>
<P align="left" style="margin-left:0%; margin-right:0%"><FONT size="2">We are very pleased to say that note holders representing more than two-thirds
of the principal amount of the Old Notes have agreed to tender their notes in
the exchange offer under the terms of a support agreement, which became
effective today. We are targeting completion of this restructuring plan for the
end of the year, subject to SEC review and other normal conditions.
</FONT>
<P align="left" style="margin-left:0%; margin-right:0%"><FONT size="2">Other features of the plan include:
</FONT>
<P><TABLE width="100%" border="0" cellpadding="0" cellspacing="0">
<TR valign="top">
       <TD width="5%"><FONT size="2">&nbsp;</FONT></TD>
       <TD width="3%" nowrap align="left"><FONT size="2">&#149;
</FONT></TD>
       <TD width="1%"><FONT size="2">&nbsp;</FONT></TD>
       <TD><FONT size="2">A reverse stock split
</FONT></TD>
</TR>
</TABLE>
<P><TABLE width="100%" border="0" cellpadding="0" cellspacing="0">
<TR valign="top">
       <TD width="5%"><FONT size="2">&nbsp;</FONT></TD>
       <TD width="3%" nowrap align="left"><FONT size="2">&#149;
</FONT></TD>
       <TD width="1%"><FONT size="2">&nbsp;</FONT></TD>
       <TD><FONT size="2">An increase in shares authorized for award under the Company&#146;s
stock incentive plan
</FONT></TD>
</TR>
</TABLE>
<P><TABLE width="100%" border="0" cellpadding="0" cellspacing="0">
<TR valign="top">
       <TD width="5%"><FONT size="2">&nbsp;</FONT></TD>
       <TD width="3%" nowrap align="left"><FONT size="2">&#149;
</FONT></TD>
       <TD width="1%"><FONT size="2">&nbsp;</FONT></TD>
       <TD><FONT size="2">An increase in the size of the Company&#146;s board of directors to at
least seven members, three of whom are to be approved by supporting
note holders.
</FONT></TD>
</TR>
</TABLE>
<P><TABLE width="100%" border="0" cellpadding="0" cellspacing="0">
<TR valign="top">
       <TD width="5%"><FONT size="2">&nbsp;</FONT></TD>
       <TD width="3%" nowrap align="left"><FONT size="2">&#149;
</FONT></TD>
       <TD width="1%"><FONT size="2">&nbsp;</FONT></TD>
       <TD><FONT size="2">A consent solicitation to remove substantially all covenants of the
indenture under which the Old Notes were issued which can be removed
without consent of all note holders, release the liens created under
the indenture and waive any defaults under the indenture that occur as
a result of the recapitalization plan. Also as I mentioned earlier,
more than two-thirds of supporting note holders have agreed to provide
this consent.
</FONT></TD>
</TR>
</TABLE>
<P align="center"><FONT size="2">2
</FONT>
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<P><TABLE width="100%" border="0" cellpadding="0" cellspacing="0">
<TR valign="top">
       <TD width="5%"><FONT size="2">&nbsp;</FONT></TD>
       <TD width="3%" nowrap align="left"><FONT size="2">&#149;
</FONT></TD>
       <TD width="1%"><FONT size="2">&nbsp;</FONT></TD>
       <TD><FONT size="2">And finally, the transfer of the Company&#146;s iPCS stock to a
liquidating trust for the benefit of the AirGate shareholders, subject
to approval of the iPCS bankruptcy court. Such shares would be
distributed to AirGate shareholders only if the iPCS
bankruptcy court approves a plan of reorganization for iPCS that calls
for distribution of iPCS shares to the trust.
</FONT></TD>
</TR>
</TABLE>
<P align="left" style="margin-left:0%; margin-right:0%"><FONT size="2">We are very optimistic that the plan will be approved and details will be
finalized before year&#146;s end. Once it&#146;s approved, I&#146;m proud to say that AirGate
will have a much more simplified capital structure and debt ratios that are
superior to all other Sprint affiliates.
</FONT>
<P align="left" style="margin-left:0%; margin-right:0%"><FONT size="2">Before I continue, I want to point something out to you. You may have read
the paragraph in the press release that outlines another refinancing option.
In the event the Company does not meet the 98% minimum tender requirement or
any other conditions to complete the recapitalization plan, the Company has the
option to pursue a prepackaged plan of reorganization or simply put &#151; a
prepackaged bankruptcy. That term might sound scary to some of you. However,
what it means is this: If we don&#146;t accomplish this recapitalization through
this current proposal, the board could vote to restructure our debt through
another form of reorganization &#151; such as a prepackaged bankruptcy.
</FONT>
<P align="left" style="margin-left:0%; margin-right:0%"><FONT size="2">This prepackaged option is the same plan as the current proposal; it would
merely result in a court-enforced recapitalization plan. Just as in our
current proposal, this would not affect you. It won&#146;t mean a loss of jobs or
that we won&#146;t pay our vendors or suppliers. This course of action is NOT like
iPCS. Again, we don&#146;t anticipate having to take this course of action, but it
is another option of refinancing that is available to the board if we need it.
</FONT>
<P align="left" style="margin-left:0%; margin-right:0%"><FONT size="2">Now, why is this recapitalization good for AirGate? In both the short-term and
the long-term, we believe this restructuring will allow us to:
</FONT>
<P><TABLE width="100%" border="0" cellpadding="0" cellspacing="0">
<TR valign="top">
       <TD width="5%"><FONT size="2">&nbsp;</FONT></TD>
       <TD width="3%" nowrap align="left"><FONT size="2">&#149;
</FONT></TD>
       <TD width="1%"><FONT size="2">&nbsp;</FONT></TD>
       <TD><FONT size="2">Save AirGate more than $255&nbsp;million in debt service over the next
five years, which would enable us invest this savings back into the
business
</FONT></TD>
</TR>
</TABLE>
<P><TABLE width="100%" border="0" cellpadding="0" cellspacing="0">
<TR valign="top">
       <TD width="5%"><FONT size="2">&nbsp;</FONT></TD>
       <TD width="3%" nowrap align="left"><FONT size="2">&#149;
</FONT></TD>
       <TD width="1%"><FONT size="2">&nbsp;</FONT></TD>
       <TD><FONT size="2">Continue to support our &#147;smart growth&#148; strategy
</FONT></TD>
</TR>
</TABLE>
<P align="center"><FONT size="2">3
</FONT>
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<P><TABLE width="100%" border="0" cellpadding="0" cellspacing="0">
<TR valign="top">
       <TD width="5%"><FONT size="2">&nbsp;</FONT></TD>
       <TD width="3%" nowrap align="left"><FONT size="2">&#149;
</FONT></TD>
       <TD width="1%"><FONT size="2">&nbsp;</FONT></TD>
       <TD><FONT size="2">Provide us financial flexibility to consider other initiatives to
improve our operational and financial performance such as the
outsourcing of customer care and related services
</FONT></TD>
</TR>
</TABLE>
<P><TABLE width="100%" border="0" cellpadding="0" cellspacing="0">
<TR valign="top">
       <TD width="5%"><FONT size="2">&nbsp;</FONT></TD>
       <TD width="3%" nowrap align="left"><FONT size="2">&#149;
</FONT></TD>
       <TD width="1%"><FONT size="2">&nbsp;</FONT></TD>
       <TD><FONT size="2">Better position us to maintain and maximize our business
competitiveness in the marketplace
</FONT></TD>
</TR>
</TABLE>
<P><TABLE width="100%" border="0" cellpadding="0" cellspacing="0">
<TR valign="top">
       <TD width="5%"><FONT size="2">&nbsp;</FONT></TD>
       <TD width="3%" nowrap align="left"><FONT size="2">&#149;
</FONT></TD>
       <TD width="1%"><FONT size="2">&nbsp;</FONT></TD>
       <TD><FONT size="2">Reposition the company&#146;s equity enabling us to have a stock that
trades on a major exchange
</FONT></TD>
</TR>
</TABLE>
<P align="left" style="margin-left:0%; margin-right:0%"><FONT size="2">This financial restructuring shouldn&#146;t have any impact on your activities from
a day-to-day operational standpoint. This plan is designed to better position
AirGate financially and in the marketplace for continued &#145;smart growth.&#146;
</FONT>
<P align="left"><FONT size="2"><B>Business Challenges</B>
</FONT>

<P align="left" style="margin-left:0%; margin-right:0%"><FONT size="2">I&#146;d like to talk with you about our current business situation and the issues
we are facing today.</FONT>
<P align="left" style="margin-left:0%; margin-right:0%"><FONT size="2">As you are aware, this is a highly capital-intensive
business, particularly in the start-up phase, and in addition to our capital
needs to fund our operating losses, we have invested over $286&nbsp;million to
purchase property and equipment since the company commenced operations. While
much of AirGate&#146;s network is now complete and the majority of the investments
have been made, capital expenditures will continue to be necessary to increase
capacity and improve network operations.
</FONT>
<P align="left" style="margin-left:0%; margin-right:0%"><FONT size="2">Since the beginning of 2002, like others in the wireless communications
industry, we have been challenged by a weaker operating environment and
therefore experienced significant declines in per share equity prices. These
factors, and a weak outlook for the wireless industry, have severely limited
our ability to raise new capital.
</FONT>
<P align="left" style="margin-left:0%; margin-right:0%"><FONT size="2">The reasons for this weaker operating environment include declining rates of
subscriber growth, intense competition resulting in offerings of increasingly
large bundles of minutes at lower prices and higher rates of churn resulting
from competition as well as programs for sub-prime credit quality subscribers.
In addition, the issues facing our industry have certainly been exacerbated by
the overall weakness and uncertainties in the economy and the impact on
consumer spending.
</FONT>
<P align="center"><FONT size="2">4
</FONT>
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<P align="left" style="margin-left:0%; margin-right:0%"><FONT size="2">Like others in the wireless industry, our business has been and continues to be
affected by these market conditions
</FONT>
<P align="left"><FONT size="2"><B>Our Commitments</B>
</FONT>

<P align="left" style="margin-left:0%; margin-right:0%"><FONT size="2">Throughout this challenging period in our business, we believe that AirGate has
taken the lead in addressing those issues which are most directly in our
control and in reducing and managing our costs. As I outlined in my letter,
I&#146;m very pleased with the progress we are making toward achieving our
&#145;smart-growth&#146; strategy. Although we&#146;re in one of the more volatile industries
today, the people of AirGate are keeping our commitments.
</FONT>
<P align="left" style="margin-left:0%; margin-right:0%"><FONT size="2">In December, we will be releasing our fiscal year-end results, which will allow
us to share our most recent successes. Until then, I wanted to share a few
examples of how we are delivering on our commitments:
</FONT>
<P><TABLE width="100%" border="0" cellpadding="0" cellspacing="0">
<TR valign="top">
       <TD width="5%"><FONT size="2">&nbsp;</FONT></TD>
       <TD width="3%" nowrap align="left"><FONT size="2">&#149;
</FONT></TD>
       <TD width="1%"><FONT size="2">&nbsp;</FONT></TD>
       <TD><FONT size="2">AirGate is significantly improving our operating results under our
&#145;smart-growth&#146; strategy
</FONT></TD>
</TR>
</TABLE>
<P><TABLE width="100%" border="0" cellpadding="0" cellspacing="0">
<TR valign="top">
       <TD width="5%"><FONT size="2">&nbsp;</FONT></TD>
       <TD width="3%" nowrap align="left"><FONT size="2">&#149;
</FONT></TD>
       <TD width="1%"><FONT size="2">&nbsp;</FONT></TD>
       <TD><FONT size="2">During the last two quarters, we increased our cash position. With
more cash on hand, we have gained the financial flexibility to consider
alternative operating strategies that will enable us to further improve
our operational performance, such as enhanced customer care and related
services &#151; which I know you&#146;re glad to hear.
</FONT></TD>
</TR>
</TABLE>
<P><TABLE width="100%" border="0" cellpadding="0" cellspacing="0">
<TR valign="top">
       <TD width="5%"><FONT size="2">&nbsp;</FONT></TD>
       <TD width="3%" nowrap align="left"><FONT size="2">&#149;
</FONT></TD>
       <TD width="1%"><FONT size="2">&nbsp;</FONT></TD>
       <TD><FONT size="2">AirGate&#146;s subscriber base continues to stabilize with better
quality subscribers than ever before.
</FONT></TD>
</TR>
</TABLE>
<P><TABLE width="100%" border="0" cellpadding="0" cellspacing="0">
<TR valign="top">
       <TD width="5%"><FONT size="2">&nbsp;</FONT></TD>
       <TD width="3%" nowrap align="left"><FONT size="2">&#149;
</FONT></TD>
       <TD width="1%"><FONT size="2">&nbsp;</FONT></TD>
       <TD><FONT size="2">We have improved our churn rate, although we need even more
improvement in the future.
</FONT></TD>
</TR>
</TABLE>
<P><TABLE width="100%" border="0" cellpadding="0" cellspacing="0">
<TR valign="top">
       <TD width="5%"><FONT size="2">&nbsp;</FONT></TD>
       <TD width="3%" nowrap align="left"><FONT size="2">&#149;
</FONT></TD>
       <TD width="1%"><FONT size="2">&nbsp;</FONT></TD>
       <TD><FONT size="2">We have successfully reduced and controlled operating expenses by
making important, and often difficult, organizational decisions that
have improved our financial condition.
</FONT></TD>
</TR>
</TABLE>
<P><TABLE width="100%" border="0" cellpadding="0" cellspacing="0">
<TR valign="top">
       <TD width="5%"><FONT size="2">&nbsp;</FONT></TD>
       <TD width="3%" nowrap align="left"><FONT size="2">&#149;
</FONT></TD>
       <TD width="1%"><FONT size="2">&nbsp;</FONT></TD>
       <TD><FONT size="2">We have hired a Director of Audit Services who also has
responsibility for helping develop programs to address security and
loss prevention issues.
</FONT></TD>
</TR>
</TABLE>
<P align="left" style="margin-left:0%; margin-right:0%"><FONT size="2">At the same time, we have been exploring ways to capitalize on the Sprint
wireless product and service offerings, and take advantage of the Sprint brand
recognition to capitalize on new growth initiatives, including PCS Vision, data
services and wireline-to-
</FONT>
<P align="center"><FONT size="2">5
</FONT>
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<P align="left" style="margin-left:0%; margin-right:0%"><FONT size="2">wireless migration opportunities. These combined
successes and future strategies will ready us to maximize the company&#146;s
position when the market demand for Sprint wireless products and services
strengthen.
</FONT>
<P align="left" style="margin-left:0%; margin-right:0%"><FONT size="2">And, while all of these initiatives have certainly improved our
operating efficiencies, our highly leveraged capital structure remains a drag
on further operational improvement. The recent progress in our business
demonstrates our commitment and ability to execute. We believe we have an
opportunity to continue to build value.
</FONT>
<P align="left" style="margin-left:0%; margin-right:0%"><FONT size="2">I know this is a lot of information to share with you, but it&#146;s important to me
that you understand how this recapitalization is in the best interest of
AirGate&#146;s future. Before I take your questions, I&#146;d like to touch on some other areas of our business.
</FONT>
<P align="left" style="margin-left:8%"><FONT size="2">- 3rd Quarter Performance highlights
</FONT>
<P align="left" style="margin-left:8%"><FONT size="2">- Hurricane Readiness/Recovery
</FONT>
<P align="left" style="margin-left:8%"><FONT size="2">I would like to compliment our field team for their outstanding
efforts preparing for and recovering from the effects of Hurricane
Isabel on our markets. Due to the well coordinated preparation
efforts of our IT, Marketing, Network and Sales groups, by late
Friday, we only had six cell sites off the air and all of our affected
retail stores were back in operation. This is a great statement to
the strength of our operating teams.
</FONT>
<P align="left" style="margin-left:8%"><FONT size="2">- Budgets -
</FONT>
<P align="left" style="margin-left:8%"><FONT size="2">As all of you are aware, our fiscal year ends in a few short days.
Many of you have been involved in preparing and providing input for
our 2004 operating budgets. We anticipate receiving approval for the
next year&#146;s budget later in the week at our board meeting. Budget
packages will be sent out to all
departments during the second week of October. This will give
everyone visibility to our financial goals for your organizations for
the next twelve months.
</FONT>
<P align="left"><FONT size="2"><B>Conclusion</B>
</FONT>

<P align="left" style="margin-left:0%; margin-right:0%"><FONT size="2">Finally, I want to take this opportunity to thank you for your hard work and
dedication since the last time we spoke. I know each of you is working very
hard to achieve your goals and,
</FONT>
<P align="center"><FONT size="2">6
</FONT>
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<P align="left" style="margin-left:0%; margin-right:0%"><FONT size="2">as I mentioned in my letter I sincerely appreciate your patience during these challenging times.
</FONT>
<P align="left" style="margin-left:0%; margin-right:0%"><FONT size="2">All employees should have received my letter and the press release announcing the plan. We&#146;ll
be holding an All Hands Conference call tomorrow at 10:00 am. After the call and over the next few days,
please hold local meetings with your teams and make yourself available to your people. As key leaders
in this organization, I need your support to make sure that your people understand what this plan means
to them.
The takeaway messages for this recapitalization plan are clear:
</FONT>
<P><TABLE width="100%" border="0" cellpadding="0" cellspacing="0">
<TR valign="top">
       <TD width="5%"><FONT size="2">&nbsp;</FONT></TD>
       <TD width="3%" nowrap align="left"><FONT size="2">&#149;
</FONT></TD>
       <TD width="1%"><FONT size="2">&nbsp;</FONT></TD>
       <TD><FONT size="2">This plan puts AirGate in a stronger financial position and that is
good for the people of AirGate.
</FONT></TD>
</TR>
</TABLE>
<P><TABLE width="100%" border="0" cellpadding="0" cellspacing="0">
<TR valign="top">
       <TD width="5%"><FONT size="2">&nbsp;</FONT></TD>
       <TD width="3%" nowrap align="left"><FONT size="2">&#149;
</FONT></TD>
       <TD width="1%"><FONT size="2">&nbsp;</FONT></TD>
       <TD><FONT size="2">Daily operations remain as they do today &#151; focused on business
results and our &#147;smart-growth&#148; strategy.
</FONT></TD>
</TR>
</TABLE>
<P><TABLE width="100%" border="0" cellpadding="0" cellspacing="0">
<TR valign="top">
       <TD width="5%"><FONT size="2">&nbsp;</FONT></TD>
       <TD width="3%" nowrap align="left"><FONT size="2">&#149;
</FONT></TD>
       <TD width="1%"><FONT size="2">&nbsp;</FONT></TD>
       <TD><FONT size="2">This plan will not have an impact on employment for the people of
AirGate.
</FONT></TD>
</TR>
</TABLE>
<P align="left" style="margin-left:0%; margin-right:0%"><FONT size="2">If you receive any questions that you can&#146;t answer, please let Dennis Lee know
and we&#146;ll work to get you the information you need. Also, if you receive calls
from outside parties, please refer them to Will Seippel at (404)&nbsp;525-7272.
</FONT>
<P align="left" style="margin-left:0%; margin-right:0%"><FONT size="2">Please
offer reassurance to your people and keep them focused on:
</FONT>
<P align="left"><FONT size="2"><B>&#149;&nbsp;</B>Acquiring high-quality subscribers
</FONT>
<P align="left"><FONT size="2"><B>&#149;&nbsp;</B>Strong customer service
</FONT>
<P align="left"><FONT size="2">&#149;&nbsp;Maintaining strong network support
</FONT>
<P align="left"><FONT size="2"><B>&#149;&nbsp;</B>Keeping costs and expenses to a minimum
</FONT>

<P align="left"><FONT size="2">&#149;&nbsp;Compliance with company standards
</FONT>
<P align="left" style="margin-left:0%; margin-right:0%"><FONT size="2">Okay, now I&#146;d like to open up the lines to take your questions. Tonight, because of the
small size of the group, I hope to answer as many of your questions as possible.
</FONT>
<P align="left" style="margin-left:0%; margin-right:0%"><FONT size="2">Unfortunately, due to scheduling conflicts resulting from a board planning meeting in
Charleston, SC scheduled a year ago, we had to schedule our investor conference
call for next Wednesday morning. Therefore, I&#146;ll be limited to how much
information I can provide this morning during the All Hands Conference call, because of SEC rules that require me to
release information to the public before I discuss it with others. I
So, I&#146;ll need your assistance in filling in the gaps with our people until the investor conference
call is
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<H5 align="left" style="page-break-before:always">&nbsp;</H5><P>
<P align="left" style="margin-left:0%; margin-right:0%"><FONT size="2">completed. Please encourage you to participate in that call as well. I sincerely believe that the
more employees know and understand this plan, the more optimistically you can look
forward to the company&#146;s future. Now let&#146;s take your questions.
</FONT>
<P align="left" style="margin-left:0%; margin-right:0%"><FONT size="2"><B><I>Questions and Answers (Tom and Team)</I></B><BR>
<I>Operator will provide instructions for participants to ask questions and proceed with Q&#038;A.</I><BR><I>
Operator will indicate that there are no questions and turn the call back to Tom for a concluding comment such as:</I>
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<P align="left" style="margin-left:0%; margin-right:0%"><FONT size="2">Thank you for spending time with me and have a good evening.
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<P align="left"><FONT size="2"><B>Additional Information</B>
</FONT>

<P align="left" style="margin-left:0%; margin-right:0%"><FONT size="2">AirGate PCS, Inc. (the &#147;Company&#148;) expects to file an exchange offer
registration statement and a proxy statement relating to the recapitalization
transaction with the Securities and Exchange Commission (the &#147;SEC&#148;) as soon as
possible. Broadview International, LLC and Masson and Company are advising the
Company on the transaction. Jefferies &#038; Company has been appointed
dealer-manager for the exchange offer. The Company and its directors and
executive officers may be deemed to be participants in the solicitation of
proxies from the stockholders of the Company with respect to the transactions
contemplated by the exchange offer. Information about the Company&#146;s directors
and officers is included in the Company&#146;s Annual Report on Form 10-K filed with
the SEC on January&nbsp;17, 2003 and in the Company&#146;s Proxy Statement for its 2003
Annual Meeting of Shareowners filed with the SEC on January&nbsp;28, 2003.
</FONT>
<P align="left" style="margin-left:0%; margin-right:0%"><FONT size="2">The foregoing reference to the registered exchange offer shall not constitute
an offer to sell or the solicitation of an offer to buy, nor shall there be any
sale of shares of the Company&#146;s common stock or the Company 9 3/8% senior
subordinated secured notes due 2009 in any state in which such offer,
solicitation or sale would be unlawful prior to registration or qualification
under the securities laws of any such state. Investors and security holders
are urged to read the Registration Statement on Form S-4, including the
prospectus relating to the exchange offer and the Proxy Statement on Schedule
14A (and, in each case, any amendments thereto) when they become available
because they will contain important information.
</FONT>
<P align="left" style="margin-left:0%; margin-right:0%"><FONT size="2">These documents and amendments to these documents will be filed with the SEC.
When these and other documents are filed with the SEC, they may be obtained at
the SEC&#146;s web site at www.sec.gov. You may also obtain each of these documents
(when available) from the Company by directing your request to Barbara L.
Blackford, Vice President, General Counsel and Corporate Secretary at (404)
525-7272.
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