WorldCom Offers October Report

CLINTON, Miss. -- WorldCom, Inc. today filed its October 2002 Monthly Operating Report with the U.S. Bankruptcy Court for the Southern District of New York. During the month of October 2002, WorldCom recorded $2.3 billion in revenue, $300 million in earnings before interest, taxes depreciation and amortization (EBITDA) and a net loss from continuing operations of $205 million. WorldCom's capital expenditures for the month were approximately $53 million, including $22 million for property and equipment and $31 million for related software. WorldCom ended October with approximately $2.1 billion in cash on hand, an increase of $600 million from the beginning of the month with approximately half of the increase the result of non-recurring receivables collections. WorldCom Inc.