Qwest Communications, PUC Staff And OCC Work Together To Simplify Customer Billing

DENVER, July 2, 2003 - Qwest Communications International, Inc. (NYSE: Q), the staff of the Colorado Public Utilities Commission (PUC) and the Colorado Office of Consumer Counsel (OCC) have filed an agreement seeking PUC approval to eliminate both business and residential zone charges effective Aug. 1.

A zone charge is a monthly fee assessed in addition to the basic monthly rate. The zone charge is based, among other factors, on a customer's approximate distance from a central office (CO). In Colorado, all customers pay a base rate; customers whose homes or businesses are located outside of that base rate area pay the additional zone charge. Customers outside of the base rate area fall into one of three zones depending on their distance from the CO. The associated charges for these zones range from $5 to $20.

?Zone charges have been one of the most common and persistent sources of complaints to the PUC in the more than 10 years that I?ve been here,? PUC Director Bruce Smith said. ?I believe this agreement is a more reasonable and fairer way for Qwest to recover its costs of providing service in higher-cost areas, while maintaining the affordability of basic local service across the state.?

Currently, Qwest has 226,000 lines in urban, suburban and rural areas across Colorado that are being assessed zone charges.

?We listen to our customers and are responding to their concerns by working with the PUC and OCC to do away with zone charges,? said Kevin Smith, Qwest president for Colorado.

Qwest collects an estimated $22 million annually from zone charges. Qwest anticipates it will recover the shortfall by receiving additional revenue from the Colorado High Cost Support Mechanism beginning in April of 2004.

?We are pleased to join in asking the Commission to eliminate zone charges, a continuing source of customer complaints and confusion,? said Ken Reif, OCC director.

?Paying for zone charges through the high cost fund is exactly what the fund is for, to make rates more affordable in high cost areas.?

The Commission ruling is expected to be issued in mid- to late-July.

This release may contain projections and other 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 us with the Securities and Exchange Commission, 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 but not limited to: unanticipated delays in completing the process of our restatement of historical financial statements and related audits; the duration and extent of the current economic downturn in our 14-state local service area, including its effect on our customers and suppliers; the effects of our anticipated restatement of historical financial statements including delays in or restrictions on our ability to access the capital markets or other adverse effects to our business and financial position; our substantial indebtedness, and our inability to complete any efforts to de-lever our balance sheet through asset sales or other transactions; any adverse outcome of the SEC's current investigation into our accounting policies, practices and procedures and certain transactions; any adverse outcome of the current investigation by the U.S. Attorney's office in Denver into certain matters relating to us; adverse results of increased review and scrutiny by Congress, regulatory authorities, media and others (including any internal analyses) of financial reporting issues and practices or otherwise; the failure of our chief executive and chief financial officers to provide certain certifications relating to certain public filings; delays in making required public filings with the SEC; rapid and significant changes in technology and markets; any adverse developments in commercial disputes or legal proceedings, including any adverse outcome of current or future legal proceedings related to matters that are the subject of governmental investigations, and, to the extent not covered by insurance, if any, our inability to satisfy any resulting obligations from funds available to us, if any; our future ability to provide interLATA services within our 14-state local service area; potential fluctuations in quarterly results; volatility of our stock price; intense competition in the markets in which we compete, including the likelihood of certain of our competitors emerging from bankruptcy court protection or otherwise reorganizing their capital structure and competing effectively against us; changes in demand for our products and services; dependence on new product development and acceleration of the deployment of advanced new services, such as broadband data, wireless and video services, which could require substantial expenditure of financial and other resources in excess of contemplated levels; higher than anticipated employee levels, capital expenditures and operating expenses; adverse changes in the regulatory or legislative environment affecting our business; and changes in the outcome of future events from the assumed outcome included in our significant accounting policies.

The information contained in this release is a statement of Qwest's present intention, belief or expectation and is based upon, among other things, the existing regulatory environment, industry conditions, market conditions and prices, the economy in general and Qwest's assumptions. Qwest may change its intention, belief or expectation, at any time and without notice, based upon any changes in such factors, in Qwest's assumptions or otherwise. The cautionary statements contained or referred to in this release should be considered in connection with any subsequent written or oral forward-looking statements that Qwest or persons acting on its behalf may issue. 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.

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