CLINTON, Miss., May 15, 2002 – WorldCom, Inc. (NASDAQ: WCOM, MCIT), today announced that effective May 14, 2002 it engaged KPMG LLP
as the Company's independent auditors. KPMG LLP will replace Arthur Andersen LLP, the Company’s independent auditors since 1989.
The appointment of KPMG LLP was made by the WorldCom Board of Directors at the recommendation of its Audit Committee. The decision
to change auditors was not the result of any disagreement between the Company and Arthur Andersen on any matter of accounting princi
ples or practices, financial statement disclosure, or auditing scope or procedure.
"Arthur Andersen provided WorldCom high quality service since 1989 and we hold the people of Arthur Andersen in high regard," said S
cott D. Sullivan, WorldCom executive vice president and chief financial officer.
ABOUT WORLDCOM, INC.
WorldCom, Inc. (NASDAQ: WCOM, MCIT), operating through WorldCom group and MCI group, is a pre-eminent global communications provider
for the digital generation, operating in more than 65 countries. With one of the most expansive, wholly-owned IP networks in the w
orld, WorldCom provides innovative data and Internet services for businesses to communicate in today's market. For more information
, go to http://www.worldcom.com.
