X0202 4 2007-02-05 1 0001062613 FAIRPOINT COMMUNICATIONS INC FRP 0001107968 THL EQUITY ADVISORS IV LLC C/O THOMAS H. LEE PARTNERS, L.P. 100 FEDERAL STREET, 35TH FLOOR BOSTON MA 02110 0 0 1 0 Common Stock 2007-02-05 4 S 0 3843290 19.40 D 0 I Please see footnote 2 Common Stock 2007-02-05 4 S 0 3520 19.40 D 0 D Represents shares of the Issuer held directly by Thomas H. Lee Equity Fund IV, L.P. ("Equity"), Thomas H. Lee Foreign Fund IV, L.P. ("Foreign") and Thomas H. Lee Foreign Fund IV-B, L.P. ("Foreign B" and together with Equity and Foreign, the "Funds"). The reporting person is the general partner of each of the Funds. As such, the reporting person may be deemed to beneficially own the shares of the Issuer owned directly by each of the Funds. The reporting person disclaims beneficial ownership of such shares, and this report shall not be deemed an admission that the reporting person is the beneficial owner of the securities for the purpose of Section 16 or for any other purpose, except to the extent of its pecuniary interest therein. /s/ Charles P. Holden 2007-02-07