Level 3 Communications Announces Network Services Agreement With America Online

BROOMFIELD, Colo. (PROTEXT) - Level 3 Communications, Inc.(Nasdaq: LVLT) today announced it has signed an agreement withAmerica Online, Inc. (NYSE: AOL) for managed modem and networkconnection services. "AOL is clearly one of the companies in the vanguard of theinformation revolution," said Kathy Perone, senior vice presidentof Sales for Level 3. "We are pleased to provide networkinfrastructure services to help AOL as it continues to work tobring the best possible online experience to its members acrossthe United States." "We're pleased to add Level 3 as a provider of dialup accessto AOLnet for the AOL and CompuServe services," said GeraldineMacDonald, vice president, AOLnet Operations. "Our agreementmeans that we'll be able to bring our members more modems andcontinue to enhance access." Level 3's Managed Modem Service was introduced in Fall 1998and is the first service to utilize Level 3's revolutionarySoftswitch-enabled network. Softswitches are technically advancedsoftware control systems, which Level 3 uses to provide customerswith services that combine the innovation and rapidly improvingperformance of IP networks with the reliability and ubiquity oftelephone networks. About Level 3 Communications Level 3 Communications, Inc., is a communications andinformation services company that is building the firstinternational network optimized for Internet Protocol technology.The Level 3 Network combines local, long distance, and underseanetworks, connecting customers end-to-end across the U.S. and inEurope and Asia. The company expects to complete its plannednetwork construction in phases beginning in the first quarter of2001. In the interim, Level 3 is offering service in the U.S. andEurope using a combination of company owned facilities and leasednetwork connections. Level 3's common stock is traded on TheNasdaq National Market (U.S.) under the symbol LVLT. Its WorldWide Web address is (http://www.Level3.com). Forward Looking Statement The statements made by Level 3 in this press release may beforward looking in nature. Actual results may differ materiallyfrom those projected in forward-looking statements. Level 3believes that its primary risk factors include, but are notlimited to: substantial capital requirements; development ofeffective internal processes and systems; the ability to attractand retain high quality employees; changes in the overalleconomy; technology; the number and size of competitors in itsmarkets; law and regulatory policy; and the mix of products andservices offered in its target markets. Additional informationconcerning these and other potential important factors can befound within Level 3's filings with the U.S. Securities andExchange Commission. Statements in this release should beevaluated in light of these important factors. ots Original TextService: Level 3 Communications, Inc. Internet:http://www.newsaktuell.de Contact: Media: Josh Howell, 720-888-2517, or Steve Ingish, 720-888-2521, or Investors: Julie Stangl,720-888-2500, all of Level 3 Communications, Inc. Photo: NewsCom:http://www.newscom.com/cgi-bin/prnh/19990721/LVLTLOGO PRN PhotoDesk, 888-776-6555 or 201-369-3467 Web site:http://www.level3.com

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