Board Approval of Liquidation and Dissolution of the Bank
In a meeting held August 4, 2005, the Board of Directors (Board) of the Rural Telephone Bank (Bank) approved resolutions to liquidate and dissolve the Bank, subject to lifting of the current statutory restriction limiting the amount of Government-owned Class A stock that the Bank can redeem. This notice is being published to ensure that all interested parties are informed of the details of the resolutions approved by the Board.
Confirmation of Stock Ownership Records
The Rural Telephone Bank (Bank) has sent letters to all of its stockholders of record, asking them to confirm their stockholdings. This notice is being published to notify any persons who believe that they own shares of stock in the Bank but have not received a stock confirmation letter that they should contact the Bank immediately.