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HickoryTech (ticker: HTCO, exchange: NASDAQ Global Market (.O)) News Release - 14-May-2007

HickoryTech Corporation Declares Regular Quarterly Dividend

MANKATO, Minn.--(BUSINESS WIRE)--May 14, 2007--HickoryTech Corporation (Nasdaq:HTCO) announced today that its board of directors has declared a regular quarterly dividend of 12 cents per share, payable June 5, 2007 to shareholders of record May 15, 2007. The company has a long history of paying quarterly cash dividends.

About HickoryTech:

HickoryTech Corporation (NASDAQ:HTCO), headquartered in Mankato, Minn., offers integrated communication products and services to business and residential customers over a regional fiber network. The company is in its 110th year of operation and has approximately 400 employees. The Telecom Sector, with facilities-based operations in Minnesota and Iowa, offers local voice, long distance, high-speed Internet, Digital TV and IP networking services to residential and business customers. In addition, the Telecom Sector develops telecom and carrier access billing solutions and customer management systems. The Enventis Sector provides IP-based voice, data and network solutions to businesses across a five-state region. For more information, visit www.hickorytech.com.

Certain statements included in this press release that are not historical facts are "forward-looking statements." Such forward-looking statements are based on current expectations, estimates and projections about the industry in which HickoryTech operates and management's beliefs and assumptions. The forward-looking statements are subject to uncertainties. These statements are not guarantees of future performance and involve certain risks, uncertainties and probabilities. Therefore, actual outcomes and results may differ materially from what is expressed or forecasted in such forward-looking statements. You are cautioned not to place undue reliance on these forward- looking statements, which speak only as of the date on which they were made. Except as required by federal securities laws, HickoryTech undertakes no obligation to update any of its forward-looking statements for any reason.


    CONTACT: HickoryTech
             Jennifer Spaude, 507-386-3765

    SOURCE: HickoryTech