Level 3 Communications, Inc. (NASDAQ: LVLT) will release its fourth quarter and year-end 2010 results on Wednesday, Feb. 2, and will host a conference call at 10 a.m. ET.

The fourth quarter 2010 conference call will be broadcast live on Level 3's website at http://lvlt.client.shareholder.com/events.cfm. If you are unable to join the call via the Web, you may access the call at 1 888-239-5354 (U.S. Domestic) or 1 913-312-0934 (International), conference code 5754294. You may also e-mail questions to Investor.Relations@Level3.com.

The call will be archived and available on Level 3's Investor Relations website, or you may access an audio replay until 2 p.m. ET on Feb. 12 by dialing 1 888-203-1112 (U.S. Domestic) or 1 719-457-0820 (International), conference code 5754294.

For additional information, please call 720-888-2502.

About Level 3 Communications

Level 3 Communications, Inc. (NASDAQ: LVLT) is a leading international provider of fiber-based communications services. Enterprise, content, wholesale and government customers rely on Level 3 to deliver services with an industry-leading combination of scalability and value over an end-to-end fiber network. Level 3 offers a portfolio of metro and long-haul services, including transport, data, Internet, content delivery and voice. For more information, visit www.Level3.com.

Forward-Looking Statement

Some of the statements made 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 Level 3’s control, which could cause actual events to differ materially from those expressed or implied by the statements. The most important factors that could prevent Level 3 from achieving its stated goals include, but are not limited to, the current uncertainty in the global financial markets and the global economy; disruptions in the financial markets that could affect Level 3’s ability to obtain additional financing; as well as the company’s ability to: increase and maintain the volume of traffic on the network; successfully integrate acquisitions; develop effective business support systems; defend intellectual property and proprietary rights; manage system and network failures or disruptions; develop new services that meet customer demands and generate acceptable margins; adapt to rapid technological changes that lead to further competition; attract and retain qualified management and other personnel; and meet all of the terms and conditions of 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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