Level 3 Communications Transfers Common Stock

Level 3 Communications (NYSE-Listed LVLT) visited the NYSE to celebrate the completed transfer of its common stock listing to the NYSE under the ticker symbol “LVLT”. In honor of the occasion, President and Chief Operating Officer, Jeff Storey, and Executive Vice President and Chief Financial Officer of Level 3 Communications, Sunit Patel, rang The Opening BellSM.

In conjunction with its listing on the NYSE, Level 3 implemented a 1-for-15 reverse stock split of its common stock, which will take effect after the close of trading on October 19, 2011. The reverse stock split will automatically combine every 15 shares issued and Level 3 common stock without any change in the par value per share.

About Level 3 Communications:

Level 3 Communications, Inc. (NYSE: LVLT) is a premier international provider of IP-based communications services to enterprise, content, government and wholesale customers. Over its reliable, scalable and secure network, Level 3 delivers integrated IP solutions, including converged, data, voice, video and managed solutions to help enable customers’ growth and efficiency. Level 3 operates a unique global services platform anchored by owned fiber networks on three continents in more than 45 countries, connected by extensive undersea facilities. For more information, visit www.level3.com.