Atlantic Tele-Network (ATNI)

ITEM 12.    SECURITY OWNERSHIP OF CERTAIN BENEFICIAL OWNERS AND MANAGEMENT AND RELATED STOCKHOLDER MATTERS

        Information required by this Item regarding security ownership of certain beneficial owners, directors and executive officers will be set forth in our 2008 Proxy Statement under "Security Ownership of Certain Beneficial Owners and Management" and is incorporated herein by reference.

        Information required by this Item regarding our equity compensation plans will be set forth in our 2008 Proxy Statement under Atlantic Tele-Network, Inc. 2008 Equity Incentive Plan and is incorporated herein by reference.

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ITEM 12.    SECURITY OWNERSHIP OF CERTAIN BENEFICIAL OWNERS AND MANAGEMENT AND RELATED STOCKHOLDER MATTERS

        Information required by this Item regarding security ownership of certain beneficial owners, directors and executive officers will be set forth in our 2008 Proxy
Statement under "Security Ownership of Certain Beneficial Owners and Management" and is incorporated herein by reference.

        Information
required by this Item regarding our equity compensation plans will be set forth in our 2008 Proxy Statement under Atlantic Tele-Network, Inc. 2008 Equity Incentive Plan and
is incorporated herein by reference.

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Item 12.    Security Ownership of Certain Beneficial Owners and Management and Related Stockholder Matters

The information required by this item will be included in the Proxy Statement, and such information is incorporated herein by reference.