IPO Company Profile
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Crown Castle International Corp.
510 Bering Drive, Suite 500, Houston, TX 77057 * (713) 570-3000

The company is a leading U.S. and international provider of wireless communications and broadcast transmission infrastructure and related services.

Primary Underwriting Group
ManagerTierPhone
Lehman Brothers IncorporatedLead Manager (212) 526-8100
CS First BostonCo-manager (212) 325-2000
Goldman, Sachs & Co.Co-manager (212) 902-5959
Salomon Smith BarneyCo-manager (212) 723-7300

Offering Information
NYSE:TWRS Service: SIC 4899
Type of Shares:Common Shares Filing Date:6/19/98
U.S. Shares:14,000,000 Offer Date:8/17/98
Non-U.S. Shares:0 Filing Range:$14.00 - $16.00
Primary Shares:14,000,000 Offer Price:$13.00
Secondary Shares:0 Gross Spread:$0.74
Offering Amount: $210,000,000 Selling:$0.44
Expenses: - Reallowance:$0.10
Post-IPO Shares: -
Employees:709

Legal Counsel, Auditor and Registrar
Issuer's Law Firm: Cravath, Swaine & Moore
Bank's Law Firm: Latham & Watkins
Auditor: KPMG Peat Marwick

Selected Financial Data

Dollar amounts in U.S. millions except for per share data
3 Month Ending Financials
Full Year
Audited
Income
Latest
Unaudited
Income
Prior
Audited
Income
Balance
Sheet
12/31/97 3/31/98 3/31/98
Revenue:$180.94$45.93Assets:$392.69
Net Income:-$56.46-$16.99Curr Assets:$66.58
EPS:Liabilities:$195.97
Prior EPS:Curr Liab:$8.07
Cash Flow/Oper:Equity:$196.72
Cash Flow/Fin:Cash:$53.40
Cash Flow/Inv:Working Cap:$58.51

Use of Proceeds
The proceeds from the proposed offering will be used for the redemption of 50% of the outstanding shares of the Senior Convertible Preferred Stock, working capital and general corporate purposes.

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