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LCI INTERNATIONAL RAISES $103.1 MILLION IN INITIAL PUBLIC OFFERING

 WASHINGTON, May 19 /PRNewswire/ -- LCI International, Inc. (NASDAQ: LCII) raised net proceeds of approximately $103.1 million in its initial public offering, which closed today, H. Brian Thompson, chairman and chief executive officer, announced. The company issued approximately 6.1 million shares at $18.25 per share. The shares issued included the exercise of 795,000 shares by the underwriters to cover over-allotments. The offering was managed by Bear, Stearns & Co. Inc., Alex. Brown & Sons Incorporated and The Robinson-Humphrey Company, Inc.
 The common stock is listed on the NASDAQ National Market System under the symbol "LCII."
 The company will use a significant amount of the net proceeds to retire the company's senior subordinated reset notes.
 LCI International, Inc., is a publicly-held, worldwide, facilities- based telecommunications company that provides to its business and residential customers a full array of voice, data and video transmission services through its fiber-optic network. LCI International, Inc., with headquarters in Washington, D.C., has its operational subsidiaries headquartered in Dublin, Ohio, and has sales offices throughout the midwest and mid-Atlantic states.
 Copies of the prospectus relating to the offering may be obtained by calling the LCI Investor Relations Dept. at 800-861-LCII (5244).
 -0- 5/19/93
 /CONTACT: Jim Fette of LCI International, Inc., 614-798-6272/
 (LCII)


CO: LCI International, Inc. ST: Ohio IN: TLS SU: OFR

BM -- CL011 -- 3116 05/19/93 12:43 EDT
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Publication:PR Newswire
Date:May 19, 1993
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