KPNQwest IPO Priced at $20.81 Per Share

Denver, November 9, 1999 - Qwest Communications International Inc. (Nasdaq: QWST), the broadband Internet communications company, today announced that KPNQwest N.V., the joint venture owned by Koninklijke KPN N.V. and Qwest, will make an initial public offering of 44 million of its C shares at $20.81 (Euro 20) per share. TheC shares being sold represent approximately 10% of the share capital of KPNQwest. In addition, KPNQwest has granted the underwriters an option to buy up to 6,600,000 additional shares to cover over-allotments.

The C shares will begin trading on the NASDAQ National Market and the Official Segment of Amsterdam Exchanges N.V.'s Stock Market on Tuesday, November 9th. Listings on both markets are under the symbol "KQIP".

KPNQwest's A shares and B shares are held by KPN and Qwest, respectively. Neither KPN nor Qwest will sell any shares in the offering.

KPNQwest plans to use the net proceeds of the offering to expand its network and service offerings, construct mega-cybercentres in Europe that will enable the company to provide advanced web hosting, applications hosting and electronic commerce services to its customers, make selected acquisitions, for working capital and other general corporate purposes.

Morgan Stanley Dean Witter is the sole book-runner for the offering, leading the bank syndicate also comprising Salomon Smith Barney International, Goldman Sachs International, ABN AMRO Rothschild and Warburg Dillon Read.KPNQwest is a leading facilities-based, pan-European provider of data-centric Internet protocol-based services to business customers. It is deploying a technologically advanced fiber-optic network that is anticipated to connect 39 cities throughout Europe, enabling the company to provide a broad range of high-speed, high-quality data-centric Internet protocol-based services and other advanced telecommunications services.

This announcement does not constitute an offer to sell or the solicitation of an offer to buy C shares. That offer can be made only by the prospectus.

About Qwest
Qwest Communications International Inc. (Nasdaq: QWST) is a leader in reliable and secure broadband Internet-based data, voice and image communications for businesses and consumers. Headquartered in Denver, Qwest has more than 9,000 employees working in North America, Europe and Mexico. The Qwest Macro Capacity® Fiber Network, designed with the newest optical networking, spans more than 18,500 miles in the United States, with an additional 315-mile network to be completed by the end of the year.

This release may contain forward-looking statements that involve risks and uncertainties. These statements may differ materially from actual future events or results. Readers are referred to the documents filed by Qwest with the SEC, specifically the most recent reports which identify important risk factors that could cause actual results to differ from those contained in the forward-looking statements, including potential fluctuations in quarterly results, dependence on new product development, rapid technological and market change, failure to maintain rights of way, financial risk management and future growth subject to risks, Qwest's ability to achieve Year 2000 compliance, adverse changes in the regulatory or legislative environment, and failure to complete the merger with US WEST timely or at all. This release may include analysts' estimates and other information prepared by third parties, for which Qwest assumes no responsibility. Qwest undertakes no obligation to review or confirm analysts' expectations or estimates or to release publicly any revisions to any forward-looking statements to reflect events or circumstances after the date hereof or to reflect the occurrence of unanticipated events.

The Qwest logo is a registered trademark of Qwest Communications International Inc. in the U.S. and certain other countries.

Contact Information
Qwest Media Contact
Tyler Gronbach
(303) 992-2155
Outside Contacts:
Media Contact
Jerry Yohananov
31 23 568 7622
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