WorldCom, Inc. Announces Successful Completion Of Exchange Offers And Consent Solicitations

JACKSON, MISSISSIPPI, August 22, 1997

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WorldCom, Inc. (Nasdaq:WCOM) announced today that it has successfully
completed its concurrent Exchange Offers and Consent Solicitations,
pursuant to which it has accepted all MFS Communications Company, Inc.
(MFS) senior discount notes validly tendered as of 5:00 p.m., New York
City time, on August 19, 1997. The Company previously received
requisite consents and accepted valid tenders from holders of notes of
its MFS subsidiary as of August 8, 1997 and thereby effected certain
amendments to the respective indentures governing the notes.
WorldCom accepted valid tenders and received consents from holders
of approximately $780.4 million of principal amount at stated maturity,
as of the date of their original issuance, of 9-3/8% Senior Discount
Notes due January 15, 2004 of MFS (or approximately 99.1% of total
outstanding), and from holders of approximately $903.7 million of
principal amount at stated maturity, as of the date of their original
issuance, of 8-7/8% Senior Discount Notes due January 15, 2006 of MFS
(or approximately 99.3% of total outstanding), including those
previously accepted and received as of August 8, 1997.

As previously announced, WorldCom offered to exchange (i) $871.60
principal amount of its newly issued 9-3/8% Senior Notes due January
15, 2004 (CUSIP #98155K AD 4) for each $1,000 principal amount at
stated maturity, as of the date of their original issuance, of
outstanding 9-3/8% Senior Discount Notes due January 15, 2004 of MFS,
properly tendered, and (ii) $737.91 principal amount of its newly
issued 8-7/8% Senior Notes due January 15, 2006 (CUSIP #98155K AE 2)
for each $1,000 principal amount at stated maturity, as of the date of
their original issuance, of outstanding 8-7/8% Senior Discount Notes
due January 15, 2006 of MFS, properly tendered. As a result of the
Exchange Offers, WorldCom issued an aggregate of approximately $1.347
billion of principal amount of its newly issued senior notes. Both the
Exchange Offers and the Consent Solicitations were upon the terms and
subject to the conditions set forth in the prospectus, as supplemented,
and letters of transmittal related to the Exchange Offers and the
Consent Solicitations.

WorldCom is a global business telecommunications company. Operating
in more than 50 countries, the Company is a premier provider of
facilities-based and fully integrated local, long distance,
international and Internet services. WorldCom subsidiary, UUNET
Technologies, Inc., is the world's largest provider of Internet
services. WorldCom's World Wide Web address is http://www.wcom.com.
The common and depositary shares of WorldCom trade on the Nasdaq
National Market (U.S.) under the symbol WCOM and WCOMP,
respectively.