Iowa Telecom to Present at the Lehman Brothers Worldwide Wireless and Wireline Conference

Business Wire, May 21, 2008

NEWTON, Iowa -- Iowa Telecommunications Services, Inc. (NYSE: IWA) today announced it will participate in the Lehman Brothers Worldwide Wireless and Wireline Conference in New York City on Wednesday, May 28, 2008. Alan L. Wells, Iowa Telecom chairman and chief executive officer, and Craig A. Knock, vice president, chief financial officer and treasurer, will be speaking at the conference.

An online simulcast and replay of the Company's presentation will be available at 3:30 p.m. Eastern Time on Wednesday, May 28, 2008 on the Company's website at www.IowaTelecom.com under "Investor Relations". Please go to the site at least 15 minutes prior to the presentation to download and install any necessary audio software. The presentation will also be available at http://cc.talkpoint.com/LEHM002/052808a_jw/default.asp?entity=lowa. A replay of the presentation will be available for 90 days on both web sites.

About Iowa Telecom

Iowa Telecommunications Services, Inc. (d/b/a Iowa Telecom) is a telecommunications service provider that offers local telephone, long distance, Internet, broadband and network access services to business and residential customers. Today, the Company serves over 450 communities and employs nearly 700 people throughout the State of Iowa. The company's headquarters are in Newton, Iowa. The Company trades on the New York Stock Exchange under the symbol IWA. For further information regarding Iowa Telecom, please go to www.iowatelecom.com and select "Investor Relations." The Iowa Telecom logo is a registered trademark of Iowa Telecommunications Services, Inc. in the United States.