Parties to the Transaction

McLeod is an Iowa corporation authorized to do business in California. Its principal place of business is located at McLeodUSA Technology Park, 6400 C Street, SW, Cedar Rapids, Iowa 52406-3177. McLeod's ultimate parent is McLeodUSA Incorporated (Parent). By Decision (D.) 01-05-055, McLeod was granted a certificate of public convenience and necessity (CPCN) to operate in California as a limited facilities-based and resale provider of local exchange services, and as a limited facilities-based provider of interexchange services. By D.96-12-021, McLeod was granted a CPCN to resell interexchange services.

FL-V, FL-VII, FLDE-VI, FLDE-VII, and FLDE-VIII are members of a family of affiliated private investment funds. Their principal place of business is located at 767 Fifth Avenue, New York, New York 10153.