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Technology Stocks : Lucent Technologies (LU) -- Ignore unavailable to you. Want to Upgrade?

To: DiB who wrote (20101)	5/14/2002 6:19:35 PM
From: TsioKawe	Read Replies (1) \| Respond to of 21876

Lucent Technologies Announces Ratios for Agere Shares MURRAY HILL, N.J., May 13 /PRNewswire-FirstCall/ -- Lucent Technologies (NYSE: LU - News) today announced that the following ratios have been established for the Agere spinoff: * One share of Agere Class A common stock will be issued for every 92.768991 shares of Lucent common stock. * One share of Agere Class B common stock will be issued for every 3.779818 shares of Lucent common stock. Both A and B shares of Agere will be distributed to Lucent shareowners as a tax-free dividend. The distribution is planned for June 1, 2002, to the holders of Lucent common stock as of the close of business on May 3, 2002, the record date. Fractional shares will be distributed in the form of cash, which may be considered taxable income.