CT Communications Sponsoring NASCAR Late Model Stock Car Race.

CONCORD, N.C.--(BUSINESS WIRE)--Oct. 16, 1998--On October 24, 1998, CT Communications, Inc. (OTC BB:CNOTB), (CTC) will sponsor the Late Model Stock Car (LMSC) championship at the Concord Motorsport Park. The race is the culmination of an exciting four-day race week at the Park - a week filled with practicing, qualifying, and racing.

This CT Communications race has the potential to be the richest payday ever for a NASCAR Late Model Stock Car driver. The winner of the LMSC gets $15,000. During the pre-race ceremony on Saturday, the pole winner will be given the option of taking the AAR Roofing Challenge: if the pole winner starts in the rear of the field and still wins the race, he gets an additional $25,000, for a total of $40,000. With an additional $500 just to win the pole, and another $500 going to the half-way leader of the race, the pole winner has a chance to win $41,000 if he can make it to the front of the pack in the first 100 laps.

Schedule of events:

--Wednesday, October 21, opening night, is the Street Stock Open Practice from 6:00PM to 9:00PM;

--Thursday, October 22, is Open Practice for the Late Model Stock Cars, from 4:00PM to 10:00PM;

--On Friday, October 23, the drivers will start qualifying at 7:00PM for both the Street Stock and LMSC races;

--On Saturday, Race Day, the Pre-race Ceremony starts at 6:30PM followed by the 200 Lap CT Communications LMSC Championship at 7:00PM, and the 50 Lap CT Communications Street Stock Race.

Says David Laton, President of Concord Motorsport Park, "We're really excited to work with the people at CT Communications in presenting what may become the premier Late Model Stock Car event in the country. Most of the tracks in this area hold post-season races, but this one is attracting the cream of the crop, and will offer fans, not only here, but throughout the region, a chance to see virtually all of NASCAR's rising stars come together for one major event."

Says Nicholas L. Kottyan, Senior Vice President of CT Communications, "This is part of our ongoing effort to become partners with our neighbors in the Concord business community. In keeping with our recent support for local motorsports, CTC decided to sponsor this NASCAR Late Model Stock Car Championship because we felt it was good for our business. We want our customers to see that we support these types of events in our own backyard. It's an exciting time for us."

CT Communications, Inc., headquartered in Concord, NC, provides a full array of integrated telecommunications services to both residential and business customers. Offerings include local and long distance, digital wireless phones, paging, Internet, data services, and business telephone systems. CTC's largest subsidiary, Concord Telephone Company, is the 22nd largest telephone company in the United States.