Crown Castle International Declares Quarterly Preferred Stock Dividend Rate

August 1, 2001 at 6:06 AM EDT
HOUSTON, Aug 1, 2001 /PRNewswire/ -- Crown Castle International Corp. (NYSE: CCI) announced today that the quarterly dividend on its 6.25% Convertible Preferred Stock will be paid on August 15, 2001 to holders of record on August 1, 2001 in shares of the Company's Common Stock at a rate of 83.4218 shares of common stock per 1,000 shares of Preferred Stock.

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

Crown Castle engineers, deploys, owns and operates technologically advanced, shared wireless infrastructure. It offers near-universal broadcast coverage in the United Kingdom and significant wireless communications coverage to 68 of the top 100 US markets and more than 90 percent population coverage in the UK and Australia. Pro forma for all closed and previously announced transactions, Crown Castle owns, operates, and manages over 13,000 wireless communication towers internationally. In addition, Crown Castle has development rights to 4,000 fiber exchange sites in the UK. For more information on Crown Castle, visit: www.crowncastle.com .

     Contacts:  W. Benjamin Moreland, CFO
                Carmen Thompson, VP Finance
                Crown Castle International
                713-570-3000

                Ken Dennard, Easterly I.R.
                kdennard@easterly.com
                713-529-6600

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SOURCE Crown Castle International Corp.

CONTACT:          W. Benjamin Moreland, CFO, or Carmen Thompson, VP Finance, both
                  of Crown Castle International Corp., +1-713-570-3000; or Ken Dennard of
                  Easterly I.R., +1-713-529-6600, or kdennard@easterly.com, for Crown Castle
                  International Corp.

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