X0303 4 2008-08-02 0001120462 IOWA TELECOMMUNICATIONS SERVICES INC IWA 0001308635 Anderson David M (Mike) IOWA TELECOMMUNICATIONS SERVICES, INC. 403 W. FOURTH STREET NORTH NEWTON IA 50208 0 1 0 0 VP-External Affairs&Marketing Common Stock 2008-08-02 4 F 0 811 17.68 D 30580 D Stock Option (right to buy) 2.119 2000-07-01 2012-04-26 Common Stock 16676 16676 D Pursuant to the option plan under which the option was granted, the exercise price has been reduced by the per share amount of dividends paid by the Company on its common stock since the date of option grant. /s/Craig A. Knock as Agent for David M. Anderson pursuant to Power of Attorney previously filed. 2008-08-04