CORPORATE OFFICE
30 North LaSalle Street
Suite 4000
Chicago, Illinois 60602-2507
Office: 312-630-1900
FAX: 312-630-1908
312-630-9299
TELEPHONE AND
[LOGO] DATA SYSTEMS, INC.
_____________________________________________________________________
January 13, 1998
American Paging, Inc.
1300 Godward Street NE #3100
Minneapolis, MN 55413
RE: Revolving Credit Agreement dated January 1, 1994, as amended (the
"Revolving Credit Agreement"), between American Paging, Inc. ("API") and
Telephone and Data Systems, Inc. ("TDS")
Ladies and Gentlemen:
This letter will constitute TDS's agreement to amend the Revolving Credit
Agreement by changing all of the references to "$180,000,000" in the
Revolving Credit Agreement to "$185,000,000." All of the other terms and
conditions of the Revolving Credit Agreement shall remain in full force and
effect.
The amendment is subject to completion of American Paging's business plan and
budget for 1998 and approval of an extension of credit from TDS to American
Paging by the TDS Board of Directors.
Please acknowledge your agreement to this amendment by executing the copy of
this letter and return it to the undersigned.
Very truly yours,
TELEPHONE AND DATA SYSTEMS, INC. TELEPHONE AND DATA SYSTEMS, INC.
By: /s/ LEROY T. CARLSON, JR. By: /s/ MURRAY L. SWANSON
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LeRoy T. Carlson, Jr. Murray L. Swanson
President Executive Vice President, Finance
Accepted and agreed to as of the date set forth above.
AMERICAN PAGING, INC.
By: /s/ TERRENCE T. SULLIVAN
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Terrence T. Sullivan
President and Chief Executive Officer