Level 3 Communications Elects Jeff Storey President and Chief Operating Officer


BROOMFIELD, Colorado, December 5 /PRNewswire/ --

Level 3 Communications, Inc. (Nasdaq: LVLT), a leading international
provider of fiber-based communications services, has elected Jeff K. Storey
as president and chief operating officer effective December 8. Storey will be
based at the company's headquarters in Broomfield, Colo., and will report to
James Q. Crowe, chief executive officer. Storey brings more than 25 years of
experience in the telecommunications industry to Level 3.

"Jeff Storey is a highly respected executive in the telecommunications
industry," said Crowe. "As the president and chief executive officer of
WilTel Communications, Jeff demonstrated his strong combination of management
and operational skills by growing that business significantly while
maintaining strong financial discipline."

"I am honored to join Level 3," said Storey. "Level 3's combination of
end-to-end network assets and broad service portfolio has tremendous
recognition in the marketplace. The opportunity ahead is to leverage that
combination and continue to develop innovative services that meet our
customers' expectations."

Storey, 48, was most recently with Leucadia National Corporation, where
he served as president of Leucadia Telecommunications Group. Prior to that
position, Storey spent five years with WilTel Communications and its
predecessor entities and was president and chief executive officer of WilTel
Communications from 2002 until its sale to Level 3 in December 2005. Storey
began his career in telecommunications in 1983 with Southwestern Bell
Telephone, where he held various engineering and operations positions. From
1994 until 1999 he worked at Cox Communications in various executive
positions.

About Level 3 Communications

Level 3 Communications, Inc. (NASDAQ: LVLT) is a leading international
provider of fiber-based communications services. Enterprise, content,
wholesale and government customers rely on Level 3 to deliver communications
services with an industry-leading combination of scalability and quality,
over an end-to-end fiber network. Level 3 offers a portfolio of metro and
long haul services over an end-to-end fiber network, including transport,
data, internet, content delivery and voice. For more information, visit
www.Level3.com.

Level 3 Communications, Level 3, the red 3D brackets and the Level 3
Communications logo are registered service marks of Level 3 Communications,
LLC and/or its affiliates in the United States and/or other countries. Level
3 services are provided by wholly owned subsidiaries of Level 3
Communications, Inc. Any other service, product or company names recited
herein are trademarks or service marks of their respective owners.

Forward-Looking Statement

Some of the statements made in this press release are forward looking in
nature. These statements are based on management's current expectations or
beliefs. These forward looking statements are not a guarantee of performance
and are subject to a number of uncertainties and other factors, many of which
are outside Level 3's control, which could cause actual events to differ
materially from those expressed or implied by the statements. The most
important factors that could prevent Level 3 from achieving its stated goals
include, but are not limited to the company's ability to: successfully
integrate acquisitions; increase the volume of traffic on the network; defend
intellectual property and proprietary rights; develop new products and
services that meet customer demands and generate acceptable margins;
successfully complete commercial testing of new technology and information
systems to support new products and services; attract and retain qualified
management and other personnel; and meet all of the terms and conditions of
debt obligations. Additional information concerning these and other important
factors can be found within Level 3's filings with the Securities and
Exchange Commission. Statements in this press release should be evaluated in
light of these important factors. Level 3 is under no obligation to, and
expressly disclaims any such obligation to, update or alter its
forward-looking statements, whether as a result of new information, future
events, or otherwise.

© PR Newswire Association LLC.

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