Lucent to Delist and Deregister Debt Securities

Lucent Technologies notified the New York Stock Exchange of its intention to voluntarily delist the following series of its debt securities: 5.50% notes due November 15, 2008; 6.50% debentures due January 15, 2028; and 6.45% debentures due March 15, 2029 (collectively, the "Notes"). Lucent said it is taking this voluntary action to delist and deregister the Notes in order to eliminate the administrative costs associated with the listing of the Notes.

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