R.H. Donnelley Corp. Completes Sales of Senior Notes Generating Gross Proceeds of Approximately $2.1 Billion (Business Wire)

Recently...   •   Stock Market Alert's Stocks to Watch! April 5, 2006   •   Upcoming Beckman Coulter Investor Events in 2006   •   MannKind to Webcast Investor Day Presentations   •   Save the World Air Retains CCG Investor Relations   •   Spectrem Affluent Investor Index(TM) Falls 3 Points in March to 10 -- First Decline Since October 2005   •   NewMarket Technology Inc. Changes Conference Call Phone Number to Accommodate Significant Increase in Investor Interest   •   PC World Magazine Calls AirDefense Personal Indispensible   •   Epicor(R) Reports Preliminary Fourth Quarter and Fiscal Year 2005 Earnings   •   ActivIdentity Appoints Mark J. Lustig as Chief Financial Officer   •   Jones Lang LaSalle Reports Record Earnings; 2005 Net Income of $104 Million, $3.12 Per Share Archive   •   April 2006   •   February 2006   •   December 2005   •   November 2005   •   March 2005   •   January 2005   •   October 2004   •   September 2004   •   August 2004   R.H. Donnelley Corporation (NYSE: RHD - News; the "Company"), today announced that on January 27, 2006 it issued $365 million aggregate principal amount at maturity (approximately $332 million gross proceeds) of 6.875% series A-1 senior discount notes due 2013. In addition, on January 27, 2006 a newly formed subsidiary of the Company, R.H. Donnelley Finance Corporation III ("Finance Corp."), issued $660 million aggregate principal amount at maturity (approximately $600 million gross proceeds) of 6.875% series A-2 senior discount notes due 2013 and $1,210 million of aggregate principal amount of 8.875% series A-3 notes due 2016. The proceeds of the series A-1 senior discount notes were used to fund a portion of the repurchase of all of the Company's outstanding shares of convertible preferred stock on January 27, 2006. The proceeds from the series A-2 senior discount notes and the series A-3 senior notes will be used to pay Dex Media, Inc.'s stockholders in connection with the completed acquisition of Dex Media, Inc. and for other general corporate purposes including the payment of fees and expenses. All of the senior notes were sold in a private offering for resale to qualified institutional buyers in accordance with Rule 144A under the Securities Act of 1933 (the "Securities Act") and in offshore transactions pursuant to Regulation S under the Securities Act. The senior notes have not been registered under the Securities Act and may not be offered or sold in the United States absent registration or an applicable exemption from the registration requirements. This press release shall not constitute an offer to sell or the solicitation of an offer to buy such senior notes and is issued pursuant to Rule 135c under the Securities Act. Contact: R.H. Donnelley Corporation Investors: Jenny L. Apker, 800-497-6329 Investors: James M. Gruskin, 800-497-6329 Media: Tyler D. Gronbach, 919-297-1541 -------------------------------------------------------------------------------- Source: R.H. Donnelley Corporation Source: Business Wire All trademarks and copyrighted information contained herein are the property of their respective owners.