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FOR IMMEDIATE RELEASE
February 13, 2008

Eastlink secures 2007 designation as one of 50 Best Managed Companies

Halifax, Nova Scotia - Eastlink announced today that it has requalified for 2007 to maintain its status as a Best Managed company. Eastlink first won the Canada's 50 Best Managed Companies designation in 2006. This prestigious national award is sponsored by Deloitte, CIBC Commercial Banking, National Post, and Queen's School of Business.

"Over the past 15 years, Canada's 50 Best Managed Companies program has recognized the most innovative and Best Managed Companies in Canada. We are delighted to celebrate the accomplishments of Eastlink," said John Hughes, Deloitte partner and national leader of the Best Managed program.

Established in 1993, the Canada's 50 Best Managed Companies is a national awards program, recognizing Canadian companies that have implemented world-class business practices and created value in innovative ways. Applications are reviewed by an independent judging panel that evaluates how companies address various business challenges, including new technologies, globalization, brand management, leadership, leveraging and developing core competencies, designing information systems, and hiring the right talent to facilitate growth.

"We thank our employees for their creativity, dedication and professionalism which has earned Eastlink the Best Managed designation again in 2007," said Lee Bragg, co-CEO of Eastlink. "We have experienced tremendous growth in the past year and our employees' achievements are the reason we continue to be a leading telecommunications and entertainment provider."

For over 35 years, Eastlink has connected Maritimers to a world of entertainment. In 1999, the company diversified its business to become the first cable company in Canada to enter the local telephone market. This achievement created one of the most competitive telephone area codes in North America. While continuing to build on its core entertainment business, Eastlink delivers world class communication services to residential and business customers in easy to understand bundles that provide great value.

"It takes a company focused on values, a strong business plan and, most of all, hard work to succeed in today's market place," said Calvin Younger, senior vice-president, CIBC Commercial Banking. "Companies winning this year's Canada's 50 Best Managed Companies award exemplify these traits."

2007 winners of the Canada's 50 Best Managed Companies award, along with Requalified and Platinum Club members will be honoured at the annual Best Managed gala in Toronto on 25 February, 2008. On the same date, the Best Managed symposium will address leading-edge business issues that are key to the success of today's business leaders.

About Eastlink
Operating from its headquarters in Halifax, Nova Scotia, Eastlink is the fifth largest cable company in Canada and was the first to offer customers local telephone service over a state-of-the-art digital network. Eastlink is one of Canada's 50 Best Managed Companies with more than 800 employees who provide a range of communications, entertainment & advertising services to business and residential customers across the Atlantic Provinces. For more information on Eastlink products and services, please visit www.eastlink.ca.

Media Contact

Jill Laing
Public and Media Relations
(902) 446-1939
Jill.Laing@corp.eastlink.ca