R.H. Donnelley Inc. Offers to Exchange Certain 6.875% Senior Notes due 2013, 6.875% Series A-1 Senior Discount Notes due 2013, 6.875% Series A-2 Senior Discount Notes due 2013, 8.875% Series A-3 Senior Notes due 2016 and 8.875% Series A-4 Senior Notes due 2017 of R.H. Donnelley Corporation

CARY, N.C., May 8 /PRNewswire-FirstCall/ -- R.H. Donnelley Corporation(NYSE: RHD; the 'Company') announced today that R.H. Donnelley Inc. ('RHDI'),a wholly-owned subsidiary of the Company, has commenced concurrent exchangeoffers to refinance a portion of the Company's outstanding senior notes.

The exchange offers will expire at 12:00 midnight, New York City time, onJune 6, 2008, unless such deadline is extended by RHDI. In order to beeligible to receive the total exchange amount, holders of Old Notes (asdefined below) must tender their Old Notes prior to 5:00 p.m., New York Citytime, on May 21, 2008 (such date and time, the 'Early Participation Deadline'),unless such deadline is extended by RHDI.

RHDI is offering to exchange up to the maximum amount of the applicableOld Notes set forth below in exchange for 11.75% Senior Notes due May 15, 2015of RHDI (the 'New Notes'). The New Notes will be senior unsecured obligationsof RHDI and will be fully and unconditionally guaranteed by the Company andeach of RHDI's subsidiaries on a general, senior unsecured basis.