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Level 3 Communications Opens World Headquarters in Colorado

Nov 1, 1999

BROOMFIELD, COLORADO, November 1, 1999 – Level 3 Communications, Inc. (Nasdaq: LVLT) today officially opened its new corporate headquarters in the Interlocken Advanced Technology Park in Broomfield, Colorado. At the grand opening, Level 3\'s President and CEO James Q. Crowe thanked Colorado Governor Bill Owens and more than 400 invited dignitaries for their support of one of Colorado\'s newest corporations. "We are proud to be a part of the remarkable renaissance that is occurring here in the \'Silicon Rockies\' as Colorado takes its rightful place as one of the fastest growing and most important centers of technology and communications in the country," said Mr. Crowe during opening remarks. "From the start, Level 3 has made Colorado part of its business plan and corporate culture. More importantly, we have received an extraordinary welcome from the people of Colorado, and we want to thank them for their warmth and support." "Thank You Colorado" Mr. Crowe delivered his address before a 3-story high banner, which read "Thank You Colorado," underscoring the company\'s appreciation for the welcome it has received.

The grand opening celebration included comments by Colorado Governor Bill Owens, Broomfield Mayor Bill Berens, Level 3 Chief Operating Officer Kevin O\'Hara, music performed by the University of Colorado Marching Band and a flag-raising ceremony by the Peterson Air Force Base Color Guard. Elected officials and dignitaries from the region, who attended the ceremony, were provided tours of the new Level 3 corporate campus complex. The tours included Level 3\'s state-of-the-art Data and Network Operations Center, which monitors the company\'s entire U.S. network.

Level 3, which is the third largest corporation in the state based on market value, has already become one of the fastest growing employers in the region, hiring 1,000 new employees this year alone. The company\'s aggressive international network expansion and rapidly growing customer base are driving the need to hire employees at a rapid pace. As the company officially opens its new headquarters in Colorado, it is already one of the top ten employers in the area. Colorado uniquely positioned in Level 3\'s business plan While many companies retain consultants to find office space and favorable market conditions, Level 3 took a different approach before locating its worldwide headquarters in Colorado.

Recognizing that Level 3 would be competing for very specialized employees – computer scientists, electric engineers and network engineers – in a tight labor market, the company retained Arthur Anderson Consulting in 1997 to conduct a nationwide study which included surveys of hundreds of young high-tech professionals and engineering students across the country. The study factored in a number of considerations, such as the need for an international airport, the need for sufficient community infrastructure to support a large and growing employee base, geographic location, lifestyle and opportunities for continuing education. The study analyzed a number of possible locations, including Silicon Valley, the Northern Virginia high-tech corridor outside Washington, D.C., Boston and North Carolina\'s high-tech triangle.

"The results of the study indicated that the Denver area not only ranked at or near the top with each group, but also had no negatives, and Colorado became a clear choice for us," said Mr. Crowe. "Clearly it was the right choice as we have met and exceeded our recruiting goals in a very tight labor market. More than half of our nearly 3,800 employees are located in Colorado. Additionally, more than 15 percent of our employees in Colorado are graduates of the University of Colorado system." Level 3\'s executive leadership chose Colorado\'s Front Range to locate its worldwide headquarters and leased office space in Golden and Louisville before constructing its 42 acre campus complex in Broomfield\'s Interlocken Advanced Technology Park. Today, Level 3\'s Broomfield campus houses close to 1,000 employees of the 1,800 located in Colorado; Level 3 has 3,800 employees to date worldwide. The company\'s network operations span 26 cities in the U.S. and four cities on the European continent.


About Level 3 Communications
Level 3 Communications, Inc. (NASDAQ: LVLT), an international communications company, operates one of the largest Internet backbones in the world, connecting 180 markets in 18 countries. The company serves a broad range of wholesale, enterprise and content customers with a comprehensive suite of services including: Internet Protocol (IP) services, broadband transport and infrastructure services, colocation services, voice and voice over IP services, content delivery and media distribution services. These services provide the building blocks to enable Level 3’s customers to meet their growing demands for advanced communications solutions. The company’s Web address is 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 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 may be trademarks or service marks of their respective owners.

Forward-Looking Statement
Some of the statements that we make 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 our control, which could cause actual events to differ materially from those expressed or implied by the statements. The most important factors that could prevent us from achieving our stated goals include, but are not limited to our ability to: successfully integrate acquisitions; increase the volume of traffic on our network; defend our 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 our 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.

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