THE CORPORATE LIBRARY

Related Party Transactions and Outside Related Director Information

CenturyTel, Inc. (CTL)

4/4/2006 Proxy Information

Mr. Reppond retired from CenturyTel, Inc. in 1996 after serving as President-Telephone Group (or a comparable predecessor position) for several years.

Mr. Hanks was a senior or executive officer of CenturyTel with operational or strategic development responsibilities for several years prior to such time.

In exchange for legal services rendered to us in 2005, we paid fees of $737,905 to The Boles Law Firm, a law firm co-owned by William R. Boles, Jr. and his sister. Mr. Boles, a director of CenturyTel since 1992, is President and a director and practicing attorney with such firm, which has provided legal services to us since 1968.

During 2005, we purchased $1,141,266 of electrical contracting services from a firm owned by Johnny Hebert, who served as a director of CenturyTel through May 12, 2005.

During 2005, we paid $121,001 to a real estate firm owned by the brother of Harvey P. Perry, a director of CenturyTel. In exchange for such payments, such firm provided a variety of services with respect to numerous real estate transactions in several states, including locating and analyzing properties suitable for purchase or lease and negotiating purchase or lease terms with the land owners.

During 2005, we paid Rhonda Woodard $107,949 in salary and bonus for serving as Director of Customer Service Centers. Ms. Woodard is the sister-in-law of David Cole, an executive officer of CenturyTel, and has been employed by us since 1991.

During 2005, we paid Rickey Lowery approximately $83,802 in salary and bonus for serving as a lead database analyst technician. Mr. Lowery has been employed by us since 1989 and has been the son-in-law of Harvey P. Perry, a director of CenturyTel, since 1990.

During 2005, we paid Martha Amman $87,885 in salary and bonus for serving as Manager, Employment and Staffing. Ms. Amman is the sister of Harvey P. Perry, a director of CenturyTel, and has been employed by us since 1998.

During 2005, we paid H. Parnell Perry, Jr. $70,202 in salary and bonus for serving as a technician. Mr. Perry is the son of Harvey P. Perry, a director of CenturyTel, and has been employed by us since 1988.

During 2005, we paid Dale Shields $64,610 in salary and bonus for serving as Manager of Risk and Safety. Mr. Shields is the son-in-law of R. L. Hargrove, Jr., who served as a director of CenturyTel through May 12, 2005. Mr. Shields has been employed by us since 1983.

4/5/2005 Proxy Information

The Company paid fees of $811,704 to The Boles Law Firm for legal services rendered to the Company in 2004. William R. Boles, Jr., a director of the Company since 1992, is President and a director and practicing attorney with such firm, which has provided legal services to the Company since 1968. The Company also paid $120,000 in 2004 to Capital Strategies, LLC, a lobbying and consulting firm owned by Mr. Boles' brother-in-law.

During 2004, the Company purchased $1,504,999 of electrical contracting services from a firm owned by Johnny Hebert, a director of the Company who will retire at the Meeting.

During 2004, the Company paid $143,489 to a real estate firm owned by the brother of Harvey P. Perry, a director of the Company. In exchange for such payments, such firm provided a variety of services with respect to numerous real estate transactions in several states, including locating and analyzing properties suitable for purchase or lease and negotiating purchase or lease terms with the land owners.

During 2004, the Company paid Rhonda Woodard $99,095 in salary and bonus for serving as Director of Customer Service Centers. Ms. Woodard is the sister-in-law of David Cole, an executive officer of the Company, and has been an employee of the Company since 1991.

During 2004, the Company paid Rickey Lowery approximately $81,243 in salary and bonus for serving as a lead database analyst technician. Mr. Lowery has been an employee of the Company since 1989 and has been the son-in-law of Harvey P. Perry, a director of the Company, since 1990.

During 2004, the Company paid Martha Amman $85,707 in salary and bonus for serving as Manager, Employment and Staffing. Ms. Amman is the sister of Harvey P. Perry, a director of the Company, and has been an employee of the Company since 1998.

During 2004, the Company paid H. Parnell Perry, Jr. $67,970 in salary and bonus for serving as a technician. Mr. Perry is the son of Harvey P. Perry, a director of the Company, and has been an employee of the Company since 1988.

During 2004, the Company paid Dale Shields $62,713 in salary and bonus for serving as Manager of Risk and Safety, and allowed his late wife to use the Company's aircraft on several occasions in connection with medical emergencies. Mr. Shields is the son-in-law of R. L. Hargrove, Jr., a director of the Company who will retire at the Meeting. Mr. Shields has been an employee of the Company since 1983.

W. Bruce Hanks was Vice President of Strategic Issues for CenturyTel, Inc. from May 1999 to March 2001, Executive Vice President and Chief Operating Officer from October 1998 to May 1999, Senior Vice President of Corporate Development and Strategy from October 1996 to October 1998, and President of Telecommunications Services (or a comparable predecessor position) between July 1989 and October 1996.

R.L. Hargrove retired as an executive officer of CenturyTel, Inc., in 1987 after 12 years of service as an officer.

Jim D. Reppond retired from CenturyTel, Inc. in 1996 after serving as President-Telephone Group (or a comparable predecessor position) for several years.

3/29/2004 Proxy Information

The Company paid fees of $874,388 to The Boles Law Firm for legal services rendered to the Company in 2003. William R. Boles, Jr., a director of the Company since 1992, is President and a director and practicing attorney with such firm, which has provided legal services to the Company since 1968.

During 2003, the Company purchased $399,599 of electrical contracting services from a firm owned by Johnny Hebert, a director of the Company.

During 2003, the Company paid approximately $265,000 of interest and commitment fees to Regions Bank in its capacity as a participating lender under the Company's credit facility arranged and syndicated by JP Morgan Chase Bank, Wachovia Bank, N.A. and their affiliates. As disclosed elsewhere herein, an affiliated trust of Regions Bank, acting in its capacity as trustee of the Company's ESOP, is the record holder of 5.1% of the Common Shares. The president of a regional office of Regions Bank is the brother-in-law of William R. Boles, Jr., a director of the Company. For several decades, Regions Bank or its predecessors in northeast Louisiana have provided a wide variety of banking and trust services to the Company.

During 2003, the Company paid $98,448 to a real estate firm owned by the brother of Harvey P. Perry, a director of the Company. In exchange for such payments (approximately $12,520 of which was used to compensate subcontractors and vendors and to recoup other out-of-pocket costs), such firm provided a variety of services with respect to numerous real estate transactions in several states, including locating and analyzing properties suitable for purchase or lease and negotiating purchase or lease terms with the land owners.

During 2003, the Company paid Rhonda Woodard $88,085 in salary and bonus for serving as Director of Customer Service Centers. Ms. Woodard is the sister-in-law of David Cole, an executive officer of the Company, and has been an employee of the Company since 1991.

During 2003, the Company paid Rickey Lowery approximately $78,686 in salary and bonus for serving as a lead database analyst technician. Mr. Lowery has been an employee of the Company since 1989 and has been the son-in-law of Harvey P. Perry, a director of the Company, since 1990.

During 2003, the Company paid Martha Amman $82,876 in salary and bonus for serving as Manager, Employment and Staffing. Ms. Amman is the sister of Harvey P. Perry, a director of the Company, and has been an employee of the Company since 1998.

During 2003, the Company paid H. Parnell Perry, Jr. $63,533 in salary and bonus for serving as a technician. Mr. Perry is the son of Harvey P. Perry, a director of the Company, and has been an employee of the Company since 1988.

During 2003, the Company paid Dale Shields $61,235 in salary and bonus for serving as Manager of Risk and Safety, and allowed his wife to use the Company's aircraft in connection with a medical emergency. Mr. Shields is the son-in-law of R. L. Hargrove, Jr., a director of the Company, and has been an employee of the Company since 1983.

As an accommodation to the heirs of the Company's deceased founder, Clarke M. Williams, in May 2003 the Compensation Committee of the Board approved the sale of options to purchase 640,000 Common Shares that were originally granted to Mr. Williams as executive compensation. The options were sold to Bear Stearns & Co., Inc. by Mr. Williams' surviving spouse and by trusts created for the benefit of one of her grandchildren and her three daughters, including the wife of Harvey P. Perry, the Company's Vice Chairman of the Board. Under the Company's incentive compensation plans, options may not be transferred to non-family members unless the option holder is deceased and the transfer is approved by the Compensation Committee.

W. Bruce Hanks was Vice President of Strategic Issues for CenturyTel, Inc. from May 1999 to March 2001, Executive Vice President and Chief Operating Officer from October 1998 to May 1999, Senior Vice President of Corporate Development and Strategy from October 1996 to October 1998 and President of Telecommunications Services (or a comparable predecessor position) between July 1989 and October 1996.

R. L. Hargrove retired as an executive officer of CenturyTel, Inc. in 1987 after 12 years of service as an officer.

Jim D. Reppond retired from CenturyTel, Inc. in 1996 after serving as President-Telephone Group (or a comparable predecessor position) for several years.

4/10/2003 Proxy Information

The Company paid fees of approximately $1,039,480 to The Boles Law Firm for legal services rendered to the Company in 2002. William R. Boles, Jr., a director of the Company since 1992, is President and a director and practicing attorney with such firm, which has provided legal services to the Company since 1968.

During 2002, the Company paid approximately $665,832 to a real estate firm owned by the brother of Harvey P. Perry, a director and executive officer of the Company. In exchange for such payments (approximately $75,000 of which was used to compensate subcontractors and vendors and to recoup other out-of-pocket costs), such firm provided a variety of services with respect to numerous real estate transactions in several states, including locating and analyzing properties suitable for purchase or lease and negotiating purchase or lease terms with the land owners.

During 2002, the Company purchased approximately $758,913 of electrical contracting services from a firm owned by Johnny Hebert, a director of the Company.

During 2002, the Company paid Rickey Lowery approximately $77,726 in salary and bonus for serving as a lead database analyst technician. Mr. Lowery has been an employee of the Company since 1989 and has been the son-in-law of Harvey P. Perry, a director and executive officer of the Company, since 1990.

During 2002, the Company paid Martha Amman approximately $74,731 in salary and bonus for serving as Manager, Employment and Staffing. Ms. Amman is the sister of Harvey P. Perry, a director and executive officer of the Company, and has been an employee of the Company since 1998.

During 2002, the Company paid H. Parnell Perry, Jr. approximately $65,562 in salary and bonus for serving as a technician. Mr. Perry is the son of Harvey P. Perry, a director and executive officer of the Company, and has been an employee of the Company since 1988.

During 2002, the Company paid Paul Hargrove approximately $62,898 in salary and bonus for serving as a manager in the Corporate Tax Department. Mr. Hargrove is the son of R.L. Hargrove, Jr., a director of the Company, and was employed by the Company between 1983 and December 31, 2002.

During 2002, the Company paid Rhonda Woodard approximately $74,110 in salary and bonus for serving as Director of Customer Service Centers. Ms. Woodard is the sister-in-law of David Cole, an executive officer of the Company, and has been an employee of the Company since 1991.

In connection with the Company's negotiations to obtain a controlling interest in SkyComm Technologies Corporation ("SkyComm"), in November 2002 the Company made a $375,000 bridge loan to an affiliate of SkyComm, which in turn used a portion of the loan proceeds to repay a $200,000 interest-bearing loan made to it in October 2002 by Ernest Butler, Jr., then a director of the Company. Upon the Company's funding of the initial installment of its investment in SkyComm on December 31, 2002, SkyComm's affiliate paid I. E. Butler Securities Inc. ("Butler Securities") $160,000, plus reimbursement of out-of-pocket expenses, for investment banking services rendered in connection with assisting SkyComm to raise capital. If SkyComm receives additional future funding from the Company or other investors identified by Butler Securities, Butler Securities will be entitled to additional payments. Mr. Butler, together with his spouse and children, owns 100% of Butler Securities, and is also the Chairman and President thereof. Mr. Butler, age 74, resigned from the Board effective December 31, 2002.

Effective December 31, 2002, Jim D. Reppond terminated a ten-year consulting agreement that the Company entered into with him in connection with his retirement in 1996. During 2002, Mr. Reppond received consulting fees of $16,717 under this agreement.