Qwest Gains Reporting Extension

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Qwest Communications International Inc. has been given some more time to
cobble together a set of financial reports tied to its 2002 and 2003
performance.

The Denver-based Baby Bell won a waiver of a July 15 deadline to report its
Qwest Services Corp. credit facility and its QwestDex term loan. The information
will now be due no later than Sept. 30.

Qwest also gained an extension for its first-quarter-2003 financial
information until Sept. 30.

Qwest -- which has been mired in accounting investigations even as it tries
to restructure and pare down a $20 billion-plus debt load -- sought the
extensions because it is still working on restating financial results from past
periods.

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