Crown Castle Announces Tax Reporting Information for 2014 Distributions

HOUSTON, Jan. 20, 2015 (GLOBE NEWSWIRE) -- Crown Castle International Corp. (NYSE:CCI) ("Crown Castle") announced today certain year-end tax reporting information for its 2014 distributions.

The following tables summarize, for income tax purposes, the nature of distributions paid to holders of Crown Castle Common Stock and holders of Crown Castle 4.50% Mandatory Convertible Preferred Stock, respectively, presented on a per share basis, during the calendar year ended December 31, 2014. Stockholders are encouraged to consult with their tax advisors as to their specific tax treatment of Crown Castle's distributions.

Crown Castle Common Stock*

Ticker Symbol: CCI

Record Date Payable Date Cash
Distribution
(per share)
Ordinary
Taxable

Dividend
(per share)
Qualified
Taxable
Dividend

(per share)
3/20/2014 3/31/2014 $0.350 $0.350 --
6/20/2014 6/30/2014 $0.350 $0.350 --
9/19/2014 9/30/2014 $0.350 $0.350 --
12/19/2014 12/31/2014 $0.820 $0.820 --

* Prior to December 16, 2014, the CUSIP number for Crown Castle Common Stock was 228227104. On and after December 16, 2014, the CUSIP number for Crown Castle Common Stock was 22822V101.

Note: During the calendar year ended December 31, 2014, there were no Capital Gain Distributions, Unrecaptured Section 1250 Gain or Non-dividend Distributions made with respect to Crown Castle Common Stock.

Crown Castle 4.50% Mandatory Convertible Preferred Stock*

Ticker Symbol: CCI-PRA

Record Date Payable Date Cash
Distribution
(per share)**
Ordinary
Taxable

Dividend
(per share)
Qualified
Taxable
Dividend

(per share)
1/15/2014 2/3/2014 $1.1625 $1.1625 --
4/15/2014 5/1/2014 $1.125 $1.125 --
7/15/2014 8/1/2014 $1.125 $1.125 --
10/15/2014 11/3/2014 $1.125 $1.125 --

* Prior to December 16, 2014, the CUSIP number for Crown Castle 4.50% Mandatory Convertible Preferred Stock was 228227500. On and after December 16, 2014, the CUSIP number for Crown Castle 4.50% Mandatory Convertible Preferred Stock was 22822V200.

** On December 22, 2014, Crown Castle announced the declaration of a quarterly dividend on the Crown Castle 4.50% Mandatory Convertible Preferred Stock of $1.125 per share, which will be paid on February 2, 2015 to holders of record as of January 15, 2015.

Note: During the calendar year ended December 31, 2014, there were no Capital Gain Distributions, Unrecaptured Section 1250 Gain or Non-dividend Distributions made with respect to Crown Castle 4.50% Mandatory Convertible Preferred Stock.

ABOUT CROWN CASTLE

Crown Castle provides wireless carriers with the infrastructure they need to keep people connected and businesses running. With approximately 40,000 towers and 14,000 small cell nodes supported by approximately 7,000 miles of fiber, Crown Castle is the nation's largest provider of shared wireless infrastructure with a significant presence in the top 100 US markets. In addition, Crown Castle operates approximately 1,800 towers in Australia. For more information on Crown Castle, please visit www.crowncastle.com.

Contacts: Jay Brown, CFO
Son Nguyen, VP - Corporate Finance
Crown Castle International Corp.
713-570-3050

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Crown Castle International Corp.