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To: Rick Suntag who wrote (30294)	1/20/1998 9:34:00 AM
From: MangoBoy	Respond to of 31386

[chat - QWST 2-1 stock split] Qwest Announces 2-for-1 Stock Split DENVER--(BUSINESS WIRE)--Jan. 20, 1998--Qwest announced that its board of directors authorized the splitting of Qwest's common stock on a 2-for-1 basis to shareholders of record on Feb. 2, 1998. The split will be effected through a one-for-one stock dividend to be distributed by the transfer agent on Feb. 24, 1998. Qwest completed its initial public offering (IPO) in June 1997. "We are pleased to welcome another carrier customer who recognizes the superior quality of the Qwest network," said Joseph P. Nacchio, president and CEO of Qwest. Nacchio further indicated that, "Since our IPO in June of 1997 our rapid growth, in all aspects of the business, has pleased our investors as evidenced by our rising stock price. The Qwest board of directors' decision to effect a 2-for-1 stock split shows their confidence in the direction of our company."