WorldCom's Unsecured Creditors Committee Reaffirms Cooperative Relationship with WorldCom Senior Management

NEW YORK, September 20, 2002 - Van Greenfield of Blue River L.L.P. and Mark Neporent of Cerberus Capital Management, L.P., the co-chairmen of the Official Committee of Unsecured Creditors of WorldCom, Inc., today issued the following statement:

"We are perplexed as to the source and content of positions attributed to the Committee regarding its relationship with Company management in recent press reports. Contrary to the suggestion in today's New York Times, the Committee has been working harmoniously and amicably with John Sidgmore and Bert Roberts and the Company's management and professionals in connection with the Company's reorganization. An agreed upon search process for a new CEO is underway and a nationally recognized executive recruitment firm has been identified and is in the process of being retained. The Committee has formed a sub-committee to participate in the search process and anticipates that the search will be concluded on an expedited basis. Accordingly, the Committee expects that the new CEO will have the support of both the Company and the Committee. The Committee appreciates the manner in which Messrs. Sidgmore and Roberts have cooperated with the Committee in both the search process and in the restructuring efforts to date."