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Cincinnati Bell Inc. Announces Extension of Exchange Offer


CINCINNATI--(BUSINESS WIRE)--Aug. 19, 2005--Cincinnati Bell Inc. (NYSE:CBB)(the "Company") announced today the extension of its offer to exchange (the "Exchange Offer") registered 7% Notes due 2015 for the outstanding and unregistered 7% Notes due 2015.

The Company has extended the expiration date of the Exchange Offer until 5:00 p.m., New York City time, on August 26, 2005, unless further extended by the Company.

Except for the extension of the expiration date, all other terms and conditions of the Exchange Offer remain as set forth in the Exchange Offer documents previously furnished to the holders of the unregistered notes.

This announcement is not an offer to exchange or a solicitation of an offer to exchange with respect to any unregistered notes, nor is this an offer to sell or a solicitation of an offer to buy any registered notes in any state in which such offer, solicitation or sale would be unlawful.

About Cincinnati Bell Inc.

Cincinnati Bell Inc. (NYSE:CBB) is parent to one of the nation's most-respected and best-performing local exchange and wireless providers with a legacy of unparalleled customer service excellence. With headquarters in Cincinnati, Ohio, Cincinnati Bell provides a wide range of telecommunications products and services to residential and business customers in Ohio, Kentucky and Indiana. For more information, visit

Safe Harbor Note

Certain of the statements contained in this release constitute forward-looking statements within the meaning of the Private Securities Litigation Reform Act. In particular, statements, projections or estimates that include or reference the words "believes," "anticipates," "plans," "intends," expects," "will," or any similar expression fall within the safe harbor for forward-looking statements contained in the Reform Act. Actual results or outcomes may differ materially from those indicated or suggested by any such forward-looking statement for a variety of reasons, including, but not limited to: Cincinnati Bell's ability to maintain its market position in communications services, including wireless, wireline and internet services; general economic trends affecting the purchase or supply of telecommunications services; world and national events that may affect the ability to provide services; changes in the regulatory environment; any rulings, orders or decrees that may be issued by any court or arbitrator; restrictions imposed under various credit facilities and debt instruments; work stoppages caused by labor disputes; adjustments resulting from year-end audit procedures; and Cincinnati Bell's ability to develop and launch new products and services. More information on potential risks and uncertainties is available in recent filings with the Securities and Exchange Commission, including Cincinnati Bell's Form 10-K report, Form 10-Q reports and Form 8-K reports. The forward-looking statements included in this release represent company estimates as of August 19, 2005. Cincinnati Bell anticipates that subsequent events and developments will cause its estimates to change.

    CONTACT: Cincinnati Bell Inc.
             Michael Vanderwoude, 513-397-7685

    SOURCE: Cincinnati Bell Inc.