Level 3 Communications Elects Jeff Storey President and Chief Operating Officer

Broomfield, Colorado (ots/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.

ots Originaltext: Level 3 Communications, Inc.
Im Internet recherchierbar: http://www.presseportal.de

Contact:
media, Jeff Battcher, +1-720-888-3288, or Jennifer Daumler,
+1-720-888-3356, or investors, Valerie Finberg, +1-720-888-2501, Mark
Stoutenberg, +1-720-888-2518, all of Level 3 Communications, Inc.
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