Legal Organization & Company Ownership:

Holding Company:

Alaska Power & Telephone Company (AP&T)

Power Subsidiaries:

Alaska Power Company

BBL Hydro, Inc.

Goat Lake Hydro, Inc.

Telecommunications Subsidiaries:

Alaska Telephone Company

AP&T Wireless, Inc.

AP&T Long Distance, Inc.

Bettles Telephone, Inc.

North Country Telephone, Inc.

Construction/Consulting Subsidiaries:

Hydro-West International