September 26, 1994 FCC ANNOUNCES LOCATION OF THE 30 REGIONAL NARROWBAND PCS LICENSES TO BE AUCTIONED ON OCTOBER 26, 1994 The Federal Communications Commission ("FCC") will hold a simultaneous multiple round auction for 30 regional Personal Communications Service (PCS) licenses in the 900 MHz band ("narrowband PCS"). The auction will begin at 10:00 A.M. on Wednesday, October 26, 1994. The bidding will begin at 10:00 A.M. and end at 9:00 P.M. each day until bidding has closed on all licenses. The auction will be held at the Postal Square Building (adjacent to Union Station; entrance on North Capitol Street) 2 Massachusetts Avenue, N.E., Washington, D.C. 20002. Those wishing to participate in the auction must submit a FCC Form 175 in accordance with the FCC's rules and the instructions contained in the procedures, terms and conditions found in the Bidders Information Package. The FCC Form 175 must be transmitted pursuant to the instructions set forth in Section II.A.1. of the procedures, terms and conditions (Public Notice Report No. AUC-94-03, Auction No. 3, released August 17, 1994) and must be received no later than 5:30 P.M. ET, Monday, September 26, 1994. Applicants are also required to submit an upfront payment (in U.S. dollars) calculated based on the maximum number of megahertz - pops (MHz-pops) upon which the bidder intends to bid in any single round of bidding. As detailed in Section VI of the procedures, terms and conditions, the upfront payment must be submitted by wire transfer or cashier's check payable to the Federal Communications Commission or "FCC" accompanied by a completed Remittance Advice FCC Form 159, and must be received by the Mellon Bank in Pittsburgh, Pennsylvania no later than 11:59 P.M. ET, Wednesday, October 5, 1994. Applications should be submitted either by hand delivery, certified U.S. mail (return receipt requested) or private courier. Whether mailed, hand delivered or sent by private courier, applications must be addressed to: Tradewinds International, Inc. General Aviation Terminal, Hanger 7 No. 7 Thomas Avenue Washington National Airport Washington, D.C., 20001 (202) 637-3221 Attention: Narrowband PCS Processing Late applications will not be accepted. Limited space will be available at the auction for members of the public to observe the auction. -FCC- Auction Hotline: 202-418-1400