EXHIBIT 99.1 [McLEODUSA LOGO APPEARS HERE] McLeodUSA Incorporated McLeodUSA Technology Park 6400 C Street SW, PO Box 3177 Cedar Rapids, IA 52406-3177 Press and Investor Contact: Bryce E. Nemitz bnemitz@mcleodusa.com Phone: (319) 298-7800 FAX: (319) 298-7767 For Immediate Release McLeodUSA Announces Proposed Private Debt Offering Cedar Rapids, Iowa, February 10, 1999--McLeodUSA Incorporated (NASDAQ/NMS:MCLD), announced today it plans to raise approximately $250 million in a proposed private offering of senior notes to "qualified institutional buyers" as defined in Rule 144A under the Securities Act of 1933 and pursuant to offers and sales that occur outside the United States in accordance with Regulation S under the Securities Act of 1933. The senior notes proposed to be offered by McLeodUSA will not be registered under the Securities Act of 1933 or any state securities laws and, unless so registered may not be offered or sold except pursuant to an applicable exemption from the registration requirements of the Securities Act of 1933 and applicable state securities laws. This press release shall not constitute an offer to sell or the solicitation of an offer to buy the proposed senior notes. # # #