PTGi Board of Directors Declares Special Dividend of $8.50 per Share

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Primus Telecommunications Group, Incorporated
PTGI
, a leading international wholesale service provider to fixed and mobile network operators worldwide, announced today that its Board of Directors has approved a special cash dividend of $8.50 per share on all issued and outstanding PTGi common stock. The special cash dividend will be paid on August 27, 2013 to holders of record of PTGi common stock as of August 20, 2013. For material special dividends, the rules of the New York Stock Exchange require the ex-dividend date to be one business day after the payment date. Accordingly, the ex-dividend date has been set for August 28, 2013. Neil Subin, Chairman of PTGi's Board of Directors, stated, "The proceeds of the North America Telecom and BLACKIRON Data transactions position PTGi to pay special dividends to shareholders, and we are pleased to declare an initial special dividend. The Board intends to return additional value to PTGi shareholders as, and if, additional funds become available to do so." About PTGi PTGi (Primus Telecommunications Group, Incorporated) is one of the leading international wholesale service providers to fixed and mobile network operators worldwide. PTGi owns and operates its own global network of next-generation IP soft switches and media gateways. Founded in 1994, PTGi is headquartered in Herndon, Virginia.
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