Level 3 to Present at Investor Conferences

Level 3 Communications, Inc. (NYSE:LVLT, news, filings) will participate in the following investor conferences:

• James Q. Crowe, CEO of Level 3, will present at the Bank of America Merrill Lynch 2011 Media, Communications & Entertainment Conference in Beverly Hills, Calif., on Thursday, Sept. 15. The presentation is scheduled to begin at approximately 9:30 a.m. PT (12:30 p.m. ET).
• Mr. Crowe will also present at the Goldman Sachs 20th Annual Communacopia Conference in New York on Thursday, Sept. 22. The presentation is scheduled to begin at approximately 8:50 a.m. ET.

Webcast information for the investor presentations can be found on Level 3’s Investor Relations website at http://lvlt.client.shareholder.com/events.cfm.

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. Level 3 services are provided by wholly owned subsidiaries of Level 3 Communications, Inc.  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; a discontinuation of the development and expansion of the Internet as a communications medium and marketplace for the distribution and consumption of data and video; and disruptions in the financial markets that could affect Level 3’s ability to obtain additional financing. Additional factors include, but are not limited to, the company’s ability to: increase and maintain the volume of traffic on its network; develop effective business support systems; manage system and network failures or disruptions; develop new services that meet customer demands and generate acceptable margins; defend intellectual property and proprietary rights; adapt to rapid technological changes that lead to further competition; attract and retain qualified management and other personnel; successfully integrate acquisitions; 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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