CenturyLink Declares Quarterly Cash Dividend

                 CenturyLink Declares Quarterly Cash Dividend

PR Newswire

MONROE, La., Feb. 27, 2013

MONROE, La., Feb. 27, 2013 /PRNewswire/ -- CenturyLink, Inc. (NYSE: CTL) today
announced that its board of directors voted to declare a quarterly cash
dividend of $0.54 per share, payable on March 22, 2013, to shareholders of
record on March 11, 2013. The company provided further detail regarding its
revised capital allocation strategy, including its revised quarterly cash
dividend, in a press release issued February 13^th.

(Logo: http://photos.prnewswire.com/prnh/20090602/DA26511LOGO)

CenturyLink is the third largest telecommunications company in the United
States and is recognized as a leader in the network services market by
technology industry analyst firms. The company is a global leader in cloud
infrastructure and hosted IT solutions for enterprise customers. CenturyLink
provides data, voice and managed services in local, national and select
international markets through its high-quality advanced fiber optic network
and multiple data centers for businesses and consumers. The company also
offers advanced entertainment services under the CenturyLink™ Prism™ TV and
DIRECTV brands. Headquartered in Monroe, La., CenturyLink is an S&P 500
company and is included among the Fortune 500 list of America's largest
corporations. For more information, visit www.centurylink.com.

SOURCE CenturyLink, Inc.

Website: http://www.centurylink.com
Contact: Tony Davis, +1-318-388-9525, tony.davis@centurylink.com
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