Director's Dealings

Fairpoint Group plc ("Fairpoint" or "the Company")

Director's Dealings

Fairpoint announces that on 16 April 2010 it has granted share options to Chris Moat, Andy Heath and Derek Oakley under the Fairpoint Group plc Save As You Earn ("SAYE") Scheme. Each director has been granted 12,964 options at an exercise price of 70p per 1p ordinary share. The SAYE Scheme is a three year scheme, open to all employees of the group, commencing on 1st June 2010 and completing on 31st May 2013. The options vest on 31st May 2013 and must be exercised within six months of the end of the scheme.

Following the grant of the options Mr. Moat has an interest in 184,864 ordinary shares and 1,297,964 options, Mr. Heath has an interest in 21,000 ordinary shares and 272,964 options and Mr. Oakley has an interest in 817,324 ordinary shares and 465,714 options.

Enquiries:

Fairpoint Group Plc 0845 296 0137

Chris Moat, Chief Executive Officer 084 5296 0200 Andy Heath, Finance Director

Shore Capital (Nomad and Joint Broker)

Guy Peters 020 7408 7912

Edward Mansfield

Oriel Securities (Joint Broker)

Tom Durie 020 7710 7600

Emma Griffen

Financial Dynamics  

Nick Henderson 020 7269 7114

Laura Pope 020 7269 7243