Atlantic Tele-Network, Inc. Announces Quarterly Dividend of 25 Cents Per Share.

ST. THOMAS, U.S. Virgin Islands -- Atlantic Tele-Network, Inc. (AMEX:ANK), announced that its Board of Directors has declared a quarterly dividend of $0.25 per share, payable on July 12, 2004 on all common shares outstanding to shareholders of record as of June 30, 2004.

Atlantic Tele-Network, Inc. is a telecommunications company with headquarters in St. Thomas, U.S. Virgin Islands. Its principal subsidiary, Guyana Telephone and Telegraph Company, Limited, is 80% owned by ATN and is the national telephone service provider in the Cooperative Republic of Guyana for all local, long-distance and international service. ATN owns 100% of Choice Communications, LLC, the largest Internet service provider in the United States Virgin Islands and the only wireless TV provider in the USVI, as well as 100% of Atlantic Tele-Center, Inc., a Web-enabled outsourcing call center in Guyana. ATN also holds a 44% equity investment in Bermuda Digital Communications Ltd., the non-wireline cellular operator in Bermuda using the name "Cellular One."