Rodent Regatta

LEVEL 3 PRESS RELEASE

Level 3 Announces Agreement to Provide Optical Wavelength Services to America Online in Europe and across Atlantic
BROOMFIELD, Colo., June 19, 2002 Level 3 Communications, Inc. (Nasdaq:LVLT) today announced a multi-year agreement to supply optical wavelength services to America Online, Inc.
Some highlights:

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  Specifically, Level 3 is providing America Online with (3)Link Global Wavelength services in Europe on major routes connecting London to Paris, Paris to Frankfurt and Frankfurt to London with 2.5 gigabit service, as well as 10 gigabit service on Level 3’s transatlantic undersea cable between London and New York.


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  Level 3 turned up the Paris to Frankfurt connection using its proprietary On-Net Transport Activation Process (ONTAP) provisioning system. This proprietary system enables delivery of wavelength and private line services when customers request them, rather than in the weeks or months that it typically takes to deliver these transport services in the telecommunications industry. ONTAP allows customers to tie their network purchases directly to revenue opportunities, rather than basing their orders on speculative long-term projections. Level 3 has been recognized as an industry leader in transport service delivery. The industry analyst firm Frost & Sullivan presented Level 3 with its Market Engineering Award, calling ONTAP ”a major customer service differentiation” for the company.


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  Level 3 currently offers service in nine major European markets and is expanding to eight additional markets across Western Europe in 2002. The new markets are Geneva, Madrid, Milan, Stockholm and Zurich, and the German cities of Cologne, Karlsruhe and Stuttgart. Once the expansion is complete, Level 3 will be able to deliver services to 17 of the top markets on the continent.


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  Level 3 offers a range of communications services targeted toward the world’s top 300 bandwidth customers, including wavelengths, private line, dark fiber, managed modem and IP services.