Aug. 20, 2018 -- CenturyLink, Inc. (NYSE: CTL) today announced that its indirect wholly owned subsidiary, Qwest Corporation, has issued notices to call for redemption 100% of the aggregate principal amount of four outstanding series of debt (each an "Issuance" and together the "Issuances") on the redemption dates set forth below. Issuance Name Principal Amount Trustee Redemption Price Redemption Date 7.50% Notes due 2051 $163,500,000 U.S. Bank Par September 4, 2018 7.00% Notes due 2052 $525,000,000 U.S. Bank Par September 4, 2018 7.00% Notes due 2052 $400,000,000 U.S. Bank Par September 4, 2018 7.25% Debentures due 2035 $250,000,000 Bank of New York Mellon 101.55% September 18, 2018 Total $1,338,500,000 Pursuant to the terms of each Issuance to be redeemed, on the Redemption Date in addition to the payment of the Redemption Price noted above, accrued and unpaid interest to but excluding the Redemption Date with respect to each Issuance will also be paid. ____________ 4/27/2017 -- QOL users have informed us that Fidelity has informed them that 43.25% of the remaining notes will by called on 5/9/2017. ____________ April 18, 2017 -- CenturyLink, Inc. announced today that its wholly-owned subsidiary, Qwest Corporation, agreed to sell $575 million aggregate principal amount of 6.75% Notes due 2057. The closing of this offering is expected to occur on April 27, 2017. Qwest intends to use the net proceeds from this offering, together with available cash or intercompany borrowings, to redeem, as soon as reasonably practicable, (i) all $500 million aggregate principal amount of its outstanding 6.5% Notes due June 1, 2017 and (ii) a portion of the $288.5 million aggregate principal amount of its outstanding 7.50% Notes due 2051, including in each case accrued and unpaid interest on all such redeemed notes. ____________ 9/8/2016 -- Another QOL user confirmed to us that Fidelity has informed him of a 50% of CTW. ____________ 9/2/2016 -- A QOL user has informed us that Fidelity has notified him of a partial call of CTW on 9/15/2016. We can find no information regarding the call but assume that the information is correct.

QUANTUMONLINE.COM SECURITY DESCRIPTION:  Qwest Corporation, 7.00% Notes due 7/1/2052, issued in $25 denominations, redeemable at the issuer's option on or after 7/1/2017 at $25 per share plus accrued and unpaid interest, and maturing 7/1/2052. Interest distributions of 7.00% ($1.75 per annum or $0.4375 per quarter) are paid quarterly on 1/1, 4/1, 7/1 & 10/1 to holders of record on the record date which is one business day prior to the payment date while the notes remain in book-entry form (NOTE: the ex-dividend date is one business day prior to the record date). Distributions paid by these debt securities are interest and as such are NOT eligible for the preferential 15% to 20% tax rate on dividends and are also NOT eligible for the dividend received deduction for corporate holders. Units are expected to trade flat, which means accrued interest will be reflected in the trading price and the purchasers will not pay and the sellers will not receive any accrued and unpaid interest. The Notes are unsecured and unsubordinated obligations of the company and will rank equally with all existing and future unsecured and unsubordinated indebtedness of the company. See the IPO prospectus for further information on the debt securities by clicking on the ‘Link to IPO Prospectus’ provided below. Since CenturyLink’s acquisition of Qwest on April 1, 2011, the company has operated as an indirect wholly-owned subsidiary of CenturyLink.

Stock Exchange	Cpn Rate Ann Amt	LiqPref CallPrice	Call Date Matur Date	Moodys/S&P Dated	Distribution Dates	15% Tax Rate
NYSE Chart	7.00% $1.75	$25.00 $25.00	Called for 9/04/2018 7/01/2052	Ba1 BBB- 11/22/2016	1/1, 4/1, 7/1 & 10/1 Click for MW ExDiv Date Click for Yahoo ExDiv Date	No

Company's Online Information Links

HOME PAGE:     http://www.centurylink.com/
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Company's Online News Releases	Go to News Releases
Online Company Profile	Go to Online Profile

Company's Online SEC EDGAR Filings

Company's SEC EDGAR Filings

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Company's Email Address Links

Email Address	kristina.r.waugh@centurylink.com
Email Request Form on Website	Go to Email Form

Address and Phone Numbers

Address:   100 CenturyLink Drive, Monroe, LA 71203
Main Phone Number	318-388-9000
Fax Number	318-388-9562
Investor Relations   Kristie Waugh	318-340-5627
Toll Free Phone Number	800-366-8201

CEO - Glen F. Post, III

CFO - R. Stewart Ewing, Jr.