Prospectus Supplement, dated May 21, 1997
to Prospectus dated December 16, 1996
CFW COMMUNICATIONS COMPANY
DIVIDEND REINVESTMENT AND
STOCK PURCHASE PLAN
This Prospectus Supplement describes a change in the
administration of the CFW Communications Company Dividend
Reinvestment and Stock Purchase Plan (the "Plan").
Effective May 22, 1997, CFW Communications Company (the
"Company") will begin serving as the registrar and transfer agent
for its common stock. The Company is replacing First Union
National Bank of North Carolina ("First Union") as registrar and
transfer agent. As a result, certain amendments are being made
to the Plan.
ADMINISTRATION
The Company will serve as the Plan Administrator. As the
Plan Administrator, the Company maintains records and sends
statements of your account to you. Shares of common stock
purchased under the Plan are registered in the name of the Plan
and credited to the accounts of participants. References to the
Plan Administrator in the Prospectus shall be deemed to be
references to the Company.
ADDRESS OF THE ADMINISTRATOR
All communications with the Company in its capacity as Plan
Administrator, including the transmission of optional cash
payments, shall be directed to:
CFW Communications Company Dividend Reinvestment
and Stock Purchase Plan
c/o Shareholder Relations Administrator
CFW Communications Company
P.O. Box 1990
Waynesboro, VA 22980
OPTIONAL CASH PURCHASES
Cash purchases may be made when you join the Plan by
enclosing a check or money order payable to CFW Communications
Company Dividend Reinvestment and Stock Purchase Plan with the
authorization form. After you are enrolled, please use the form
provided with your account statement when you make cash
purchases.
AUTHORIZATION
Each current participant in the Plan will be deemed to have
substituted the Company for First Union as his agent to receive
cash dividends that may become payable to him on shares of
Company common stock as previously designated by the participant.
The Company will arrange for a broker to apply such dividends,
together with any optional cash payments as such participant may
make, to the purchase of Company common stock. A participant may
withdraw from the Plan at any time by notifying the Company in
writing, as explained in more detail in the Prospectus.
PLEASE RETAIN THIS PROSPECTUS SUPPLEMENT FOR FUTURE REFERENCE.
