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This release includes certain non-GAAP financialmeasures, including but not limited to operating cash flow, free cash flow andadjustments to GAAP measures to exclude the effect of nonrecurring items. Inaddition to providing key metrics for management to evaluate the Company’sperformance, we believe these measurements assist readers in theirunderstanding of period-to-period operating performance and in identifyinghistorical and prospective trends. Reconciliations of non-GAAP financialmeasures to the most comparable GAAP measures are included in the attachedfinancial schedules. Reconciliation of additional non-GAAP financial measuresthat may be discussed during the earnings call described below will beavailable on the Company’s Web site at Investors are urgedto consider these non-GAAP measures in addition to, and not in substitutionfor, measures prepared in accordance with GAAP.Investor Call.

As previously announced, CenturyTel’s management will host aconference call at 10:30 a.m Central Time today. Interested parties canaccess the call by dialing 866.206.6509. The call will be accessible forreplay through May 6, 2009, by calling 888.266.2081 and entering theconference ID number 1346640. Investors can also listen to CenturyTel’searnings conference call and replay by accessing the Investor Relationsportion of the Company’s Web site at through May 20, 2009.Certain non-historical statements made in this release and future oral orwritten statements or press releases by us or our management, in each case asthey relate to CenturyTel or EMBARQ, the operations of either such company orour pending merger with EMBARQ, are intended to be forward-looking statementswithin the meaning of the Private Securities Litigation Reform Act of 1995. Included in the S&P 500 Index,CenturyTel delivers advanced communications with a personal touch to customersin 25 states. (2) – Revenue impact of settlement loss related to Supplemental Executive Retirement Plan.

(3) – Includes (i) $6.7 million income tax expense due to the nondeductible portion of settlement payments related to the Supplemental Executive Retirement Plan; (ii) $5.0 million after- tax charge associated with our $800 million bridge credit facility related to the EMBARQ acquisition; (iii) $4.7 million after-tax impact of integration costs associated with pending acquisition of EMBARQ and (iv) $4.1 million after-tax impact of settlement loss related to Supplemental Executive Retirement Plan, including revenue impact.These unfavorable items were partially offset by $5.8 million income tax benefit caused by a reduction to our deferred tax asset valuation allowance. (4) – Gain on the sale of a nonoperating investment, net of tax. (5) – Includes $6.4 million of capital expenditures related to the integration of EMBARQ.Excluding these costs, free cash flow was $170.4 million for the three months ended March 31, 2009.SOURCECenturyTel, Inc.Tony Davis of CenturyTel, Inc., +1-318-388-9525, . Although Redskins coach Mike Shanahan mostly spoke in generalities at the Combine about his team’s specific plans next season, he did reveal one interesting nugget. Kyle Shanahan, Mike’s son who has been hired as offensive coordinator, will call plays. “Kyle did a great job calling plays last year [for Houston],” Mike Shanahan said. “I’m heavily involved in offense and defense.” Mike Shanahan always called plays in Denver, despite other people holding the title of offensive coordinator and though he’s giving that part of his coaching responsibility up, keeping it in the family, he still will be heavily involved in the offensive game plan.

“I think one of the reasons why I’ve stayed in this profession is I love the game,” Mike said “I love the Xs and Os. I love the game, and I’ll always be involved in both sides of the ball. I’ll also delegate a lot of responsibility to people that have proven they can handle it.”Source: Pro Football Weekly This article is also featured on GridironFans . CALGARY, ALBERTA, Apr 30 (MARKET WIRE) — (Canadian dollars, except as noted)This news release contains “forward-looking information and statements”within the meaning of applicable securities laws. For a full disclosureof the forward-looking information and statements and the risks to whichthey are subject, see the “Cautionary Statement Regarding Forward-LookingInformation and Statements” later in this news release.Precision Drilling Trust (the “Trust”) announced today that aregistration statement on Form F-7 covering the previously announcedrights offering to unitholders of the Trust (the “Rights Offering”) hasbeen filed with the U.S Securities and Exchange Commission and iseffective. Pursuant to the Rights Offering, each holder of trust units ofthe Trust (the “Trust Units”) and holders of exchangeable units ofPrecision Drilling Limited Partnership (the “Exchangeable Units”), whichare exchangeable into Trust Units on a one for one basis, will receiveone transferable right (a “Right”) for every Trust Unit or ExchangeableUnit held.