Background: MCI, Inc. (NASDAQ: MCIP) today announced an agreement with the office of the U.S. Attorney for the Southern District of New York under which the U.S. Attorney has concluded his investigation into past accounting issues without seeking to prosecute the company.
The following statement can be attributed to Stasia Kelly, MCI executive vice president and general counsel:
ASHBURN, Va., September 1, 2005 - "The U.S. Attorney's decision to conclude this investigation allows us to close another chapter in the successful turnaround of our company."
About MCI
MCI, Inc. (NASDAQ: MCIP) is a leading global communications provider, delivering innovative, cost-effective, advanced communications connectivity to businesses, governments and consumers. With one of the most expansive global IP backbones and wholly-owned data networks, MCI develops the converged communications products and services that are the foundation for commerce and communications in today's market. For more information, go to www.mci.com.
| Area: | Global |
| Name: | Peter Lucht |
| Tel: | +1-617-535-5533 |
| E-mail: | peter.lucht@verizon.com |
| Area: | Global |
| Name: | Susan Watson |
| Role: | Investor Contact |
| Tel: | (866) 642-0211 |
