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Crown Castle International Declares Quarterly Preferred Stock Dividend

HOUSTON, Jan 18, 2005 -- Crown Castle International Corp. (NYSE: CCI) announced today that the quarterly dividend on its 6.25% Convertible Preferred Stock will be paid on February 15, 2005 to holders of record on February 1, 2005. The dividend will be paid in shares of the Company's common stock, and the dividend rate will be announced in a press release on or before the record date of February 1, 2005.

Contact regarding Dividend Payments: Patti Knight, Mellon Investor Services at 214-922-4420.

Crown Castle International Corp. engineers, deploys, owns and operates technologically advanced shared wireless infrastructure, including extensive networks of towers. Crown Castle offers significant wireless communications coverage to 68 of the top 100 United States markets and to substantially all of the Australian population. Crown Castle owns, operates and manages over 10,600 and over 1,300 wireless communication sites in the U.S. and Australia, respectively. For more information on Crown Castle visit: http://www.crowncastle.com

Contacts: W. Benjamin Moreland, CFO
Jay Brown, Treasurer
Crown Castle International Corp.
713-570-3000

SOURCE Crown Castle International Corp.

W. Benjamin Moreland, CFO, or Jay Brown, Treasurer, both of Crown Castle
International Corp., +1-713-570-3000

 

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