Savvis Announces Mandatory Offer to Purchase $3.1 Million of Outstanding 3% Convertible Senior Notes due May 15, 2012

Savvis, Inc, a wholly owned subsidiary of CenturyLink, Inc. CTL announced today that it has commenced a tender offer (the "Tender Offer") to repurchase any and all of the outstanding $3.1 million aggregate principal amount of its 3% Convertible Senior Notes due May 15, 2012 (the "Notes") at par plus accrued and unpaid interest, upon the terms and subject to the conditions of the Tender Offer. The Tender Offer is required by the terms of the indenture governing the Notes in connection with the closing of the acquisition of Savvis by CenturyLink on July 15, 2011. The terms and conditions of the Tender Offer are described in a Notice of Change in Control and Offer to Purchase distributed to holders of the Notes. Tenders of the Notes must be made prior to 5:00 p.m., New York City time, on August 26, 2011. Tenders of the Notes may be withdrawn prior to that time by complying with the procedure specified in the Offer to Purchase.