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FOR IMMEDIATE RELEASE
February 7, 2007

Eastlink Named One of Canada's 50 Best Managed Companies
Success Attributed to entrepreneurial culture, flexibility, and strength of employees

Halifax, Nova Scotia - Eastlink has been named one of Canada's 50 Best Managed Companies for 2006. After reviewing thousands of applications from companies across the country, Eastlink was selected for this national award that recognizes excellence in Canadian owned and managed companies. This prestigious award is sponsored by Deloitte, CIBC Commercial Banking, National Post and Queen's School of Business.

"The 2006 Best Managed winners are an outstanding group of Canadian-owned and managed companies that have proven their remarkable ability and commitment to apply best practices to all areas of their business operations," explained John Hughes, Partner, Private Company Services group with Deloitte, "These companies clearly demonstrate innovation, leadership and a laser focus on their customers and employees. Their example illustrates that focusing on business fundamentals while pursuing a clearly defined strategy is key to achieving exceptional results."

"To reach the elite ranks of Canada's 50 Best Managed Companies, a business needs to demonstrate enterprise-wide excellence," said John Hughes, Partner, Private Company Services group with Deloitte, a national sponsor of the Best Managed program. "It's a distinction that honours the broader company workforce, not just the senior ranks, and Eastlink has turned in the required team effort."

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.

"Eastlink is honoured and thrilled to be named one of Canada's 50 Best Managed Companies," said Lee Bragg, co-CEO of Eastlink. "It's Eastlink's people that truly set us apart from our competitors and are the reason we have achieved this designation. It is their flexibility, commitment and enthusiasm that supports our success and has made us a leading provider of communications and entertainment services."

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.

"Out of thousands of applications and a grueling vetting process, Eastlink emerged as one of Canada's 50 Best Managed Companies," enthused James McSherry, Executive Vice President and Managing Director, CIBC Commercial Banking, a national sponsor of the program. "This company is inspiring on every level - you can see their dedication to creating the best possible product and making sure every customer is satisfied."

2006 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 12 February, 2007. 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 Maritimes’ largest privately owned and operated telecommunications and entertainment company. Eastlink is one of Canada’s 50 Best Managed Companies with more than 750 employees who provide a range of communications, entertainment & advertising services to business and residential customers across the Maritimes. For more information on Eastlink and its products and services, visit www.eastlink.ca.

Media Contact

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