Alamosa to Participate in the 2004 Smith Barney Citigroup Small & Mid-Cap Conference.

Business Editors/High-Tech Writers

2004 Smith Barney Citigroup Small & Mid-Cap Conference

LUBBOCK, Texas--(BUSINESS WIRE)--April 29, 2004

Alamosa Holdings, Inc. (Nasdaq/NM: APCS) is scheduled to participate in the 2004 Smith Barney Citigroup Small & Mid-Cap Conference to be held May 5th-6th at the Four Seasons Hotel in Las Vegas, Nevada.

David E. Sharbutt, Chairman & Chief Executive Officer, and Kendall W. Cowan, Chief Financial Officer, will present at 3:15 PM Pacific Daylight Time on May 6, 2004, followed by a question and answer session. Investors may listen to an audio version of the presentation, as well as simultaneously view slides via a live webcast at:

http://www.veracast.com/webcasts/sbcitigroup/small-mid-cap-2004/ 88210224.cfm (Due to the length of this URL, it may be necessary to copy and paste this hyperlink into your Internet browser's URL address field. You may also need to remove an extra space in the URL if one exists.)

Listeners should go to this site at least 15 minutes prior to the event to register and download and install any necessary software, Microsoft Windows Media Player or RealPlayer. Pre-registration is currently available. For those unable to listen to the live broadcast, a replay will be available for 90 days by accessing the above address. The presentation will also be available at Alamosa's web site at www.alamosapcs.com.

ABOUT ALAMOSA

Alamosa Holdings, Inc. is the largest (based on number of subscribers) PCS Affiliate of Sprint, which operates the largest all-digital, all-CDMA Third-Generation (3G) wireless network in the United States. Alamosa has the exclusive right to provide digital wireless mobile communications network services under Sprint's PCS division throughout its designated territory located in Texas, New Mexico, Oklahoma, Arizona, Colorado, Utah, Wisconsin, Minnesota, Missouri, Washington, Oregon, Arkansas, Kansas, Illinois and California. Alamosa's territory includes licensed population of 15.8 million residents.

FORWARD LOOKING STATEMENTS

Statements contained in this news release that are forward-looking statements, such as statements containing terms such as can, may, will, expect, plan, and similar terms, are subject to various risks and uncertainties. Such forward-looking statements are made pursuant to the "safe-harbor" provisions of the private Securities Litigation Reform Act of 1995 and are made based on management's current expectations or beliefs as well as assumptions made by, and information currently available to, management. A variety of factors could cause actual results to differ materially from those anticipated in Alamosa's forward-looking statements, including the following factors: Alamosa's dependence on its affiliation with Sprint; shifts in populations or network focus; changes or advances in technology; changes in Sprint's national service plans or fee structure with us; change in population; difficulties in network construction; increased competition in our markets; adverse changes in financial position, condition or results of operations. For a detailed discussion of these and other cautionary statements and factors that could cause actual results to differ from Alamosa's forward-looking statements, please refer to Alamosa's filings with the Securities and Exchange Commission, especially in the "risk factors" sections of Alamosa's Annual Report on Form 10-K for the year ended December 31, 2003 and in subsequent filings with the Securities and Exchange Commission. Investors and analysts should not place undue reliance on forward-looking statements.