Qwest Communications Holds Annual Shareholders' Meeting

DENVER, May 22, 2008 – Qwest Communications International Inc. (NYSE: Q) today announced preliminary voting results following its annual shareholders’ meeting at the Denver Center for Performing Arts Complex. At the meeting, shareholders elected 13 directors, including Edward A. Mueller, Linda G. Alvarado, Charles L. Biggs, K. Dane Brooksher, Peter S. Hellman, R. David Hoover, Patrick J. Martin, Caroline Matthews, Wayne W. Murdy, Jan L. Murley, Frank P. Popoff, James A. Unruh, and Anthony Welters.
Shareholders also approved the ratification of KPMG LLP as our independent auditor for 2008, with 98 percent voting in favor.
In addition to the director election and the ratification of KPMG, results from the two shareholder-sponsored proposals are as follows:
  • A proposal requesting that the Board of Directors seek shareholder approval of future severance agreements with senior executives that would provide a total value exceeding 2.99 times the sum of an executive’s base salary plus target bonus was passed with 54 percent voting in favor, 45 percent voting against, and 1 percent abstaining.  
  •  A proposal requesting that the Board of Directors establish a policy of separating the roles of the Chairman of the Board and the Chief Executive Officer was rejected with 83 percent voting against, 16 voting in favor, and 1 percent abstaining.


About Qwest

Customers coast to coast turn to Qwest's industry-leading national fiber-optic network and world-class Spirit of Service to meet their communications and entertainment needs. For residential customers, Qwest’s powerful combination of award-winning high-speed Internet, home and wireless voice solutions and digital TV includes a new generation of fiber-optic Internet services. Qwest is also the choice of 95 percent of Fortune 500 companies, offering a full suite of network, data and voice services for small businesses, large businesses, government agencies and wholesale customers. Additionally, Qwest participates in Networx, the largest communications services contract in the world, and is recognized as a leader in the network services market by a leading technology industry analyst firm.



The marks that comprise the Qwest logo are registered trademarks of Qwest Communications International Inc. in the U.S. and certain other countries.


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