X0202 4 2007-04-04 0 0001328571 NTELOS HOLDINGS CORP NTLS 0001281082 QUADRANGLE GP INVESTORS LLC 375 PARK AVENUE 14TH FLOOR NEW YORK NY 10152 0 0 1 0 0001271784 QUADRANGLE GP INVESTORS LP 375 PARK AVEUNE 14TH FLOOR NEW YORK NY 10152 0 0 1 0 0001122322 QUADRANGLE CAPITAL PARTNERS LP 375 PARK AVE 14TH FL NEW YORK NY 10152 0 0 1 0 0001122313 QUADRANGLE SELECT PARTNERS LP 375 PARK AVENUE 14TH FLOOR NEW YORK NY 10152 0 0 1 0 0001281078 QUADRANGLE CAPITAL PARTNERS A LP 375 PARK AVENUE 14TH FLOOR NEW YORK NY 10152 0 0 1 0 Common Stock, par value $0.01 per share 2007-04-04 4 S 0 6325000 17.4288 D 5937880 I See Footnotes Includes 4,135,120 shares of Common Stock of NTELOS Holdings Corp. currently held by Quadrangle Capital Partners LP, 225,945 shares of Common Stock currently held by Quadrangle Select Partners LP and 1,576,815 shares of Common Stock currently held by Quadrangle Capital Partners-A LP. Quadrangle GP Investors LLC is the general partner of Quadrangle GP Investors LP, which is the general partner of each of the Quadrangle Funds. Each of the Reporting Persons named above disclaims beneficial ownership of the shares of Common Stock reported herein that are beneficially owned by each of the Quadrangle Funds, except to the extent of each of their pecuniary interest therein. /s/ Michael Huber, Managing Member 2007-04-05