Investor Information

Corporate Headquarters
ALLTEL Corporation
One Allied Drive
Little Rock, Arkansas 72202
501.905.8000
www.alltel.com

Annual Meeting

The Annual Meeting of ALLTEL Corporation stockholders will be held at 11 a.m. (CDT) on Thursday, April 22, 1999, at Arkansas' Excelsior Hotel, Ballroom Level, Three Statehouse Plaza, Little Rock, Arkansas

Transfer Agent, Registrar and Dividend Disbursing Agent

General questions about accounts, stock certificates or dividends should be directed to:

First Union National Bank
Customer Service
1525 West W.T. Harris Blvd. 3C3
Charlotte, North Carolina 28288-1153
(toll-free) 888.243.5445

Investor Relations

Information requests from investors, security analysts and other members of the investment community should be addressed to:

Investor Relations Department
ALLTEL Corporation
One Allied Drive
Little Rock, Arkansas 72202
501.905.8999 fax 501.905.5444

Common Stock Price and Dividend Information
Ticker Symbol: AT
Newspaper Listings: ALLTEL, ALTEL

Market Price

The common stock is listed and traded on the New York and Pacific Stock exchanges. The above table reflects the range of high, low and closing prices as reported by Dow Jones & Company, Inc.

Annual Report and Form 10-K Requests

The 1998 Annual Report is available electronically from the Company's web site at www.alltel.com. The report and the Form 10-K Annual Report filed with the Securities and Exchange Commission are available without charge to stockholders upon request to:

Dividend Reinvestment and Stock Purchase Plan

ALLTEL offers a Dividend Reinvestment and Stock Purchase Plan for registered common stockholders. In addition to reinvesting dividends, the plan allows participants to invest cash toward the purchase of ALLTEL common stock. Additional information about dividend reinvestment may be obtained from the Agent, First Union National Bank.

Electronic Dividend Deposit

ALLTEL offers Electronic Dividend Deposit to registered common stockholders. Electronic deposit allows dividend payments to be automatically deposited into a checking or savings account and eliminates the inconvenience of delayed or lost dividend checks. More information about Electronic Dividend Deposit may be obtained from the Agent, First Union National Bank.