MCI Secures Acquirer For Douglas Lake Ranch

ASHBURN, VA, May 30, 2003 - MCI (WCOEQ, MCWEQ) today announced that E. Stanley Kroenke has signed an agreement to acquire the Douglas Lake Ranch, located in British Columbia, Canada. The signed agreement represents the culmination of a sales process undertaken by MCI following the company's exercise of control rights over certain collateral pledged by its former CEO Bernard Ebbers to secure his indebtedness to the company. This follows the successful sale by MCI of Ebbers' yacht manufacturing company.

Douglas Lake Ranch is Canada's largest cattle ranch and is a diversified agribusiness with equipment dealerships and recreational facilities. More information about the ranch, its equipment dealerships and its recreational opportunities can be found at http://www.douglaslake.com.

Mr. Kroenke is a nationally known businessman with numerous real estate and ranching interests. He also owns Denver-based Kroenke Sports Enterprises, LLC, the Rocky Mountain Region's leading provider of live sports and entertainment events. Kroenke Sports Enterprises includes Pepsi Center, the Colorado Avalanche (NHL), Denver Nuggets (NBA), Colorado Mammoth (NLL) and the Universal Lending Pavillion, and has ownership interests in the Colorado Crush (AFL) and Denver's Paramount Theater. Mr. Kroenke is also the co-owner of the NFL's St. Louis Rams.

Mr. Kroenke has indicated that he intends to continue to operate the ranch in a manner consistent with its more than 100 year history. The acquisition is subject to certain closing conditions, including various governmental and court approvals that are now being sought. MCI expects to receive gross proceeds from the sale of U.S. $68.5 million.

About WorldCom, Inc.
WorldCom, Inc. (WCOEQ, MCWEQ), which currently conducts business under the MCI brand name, is a leading global communications provider, delivering innovative, cost-effective, advanced communications connectivity to businesses, governments and consumers. With the industry's most expansive global IP backbone and wholly-owned data networks, WorldCom develops the converged communications products and services that are the foundation for commerce and communications in today's market. For more information, go to http://www.mci.com.