NYSE Regulation based its determination on the “abnormally low” trading level of the Company’s common stock, which closed at $0.13 on November 18, 2008. In addition, the Company had previously fallen below the New York Stock Exchange’s (“NYSE”) continued listing standard for average closing price of less than $1.00 over a consecutive 30 trading day period. (AS OF JAN 29 2009, IDEARC SOLD FOR $0.07 A SHARE)
About Idearc Inc......Idearc Inc. delivers products on multiple platforms to help consumers find the information they want, wherever they are. Idearc’s multi-platform of advertising solutions includes
Superpages.com®, Superpages MobileSM, Superpages MobileSM for BlackBerry®, Switchboard.com, LocalSearch.comSM, Verizon® Yellow Pages, Verizon® White Pages, smaller-sized portable Verizon® Yellow Pages Companion Directories, FairPoint® Yellow Pages, FairPoint® White Pages, FairPoint® Yellow Pages Companion Directories, and Solutions on the Move™ and Solutions Direct™ direct mail packages. For more information, visit www.idearc.com.