Plaintiffs Withdraw Request for Injunction in the Recombination Lawsuits Against Sprint OVERLAND PARK, Kan., April 5 /PRNewswire-FirstCall/ -- Sprint has been advised of the plaintiffs' decision to withdraw their request for a preliminary injunction in the lawsuits related to the recombination of the company's PCS and FON tracking stocks. "We are pleased with this development," said Tom Gerke, Sprint executive vice president and general counsel. "We continue to believe that the lawsuits filed in connection with the recombination are without merit." (Logo: http://www.newscom.com/cgi-bin/prnh/20001013/SPRINTLOGO ) The company announced Feb. 29, 2004 that its board of directors had decided to recombine the company's tracking stocks and return to a single common stock. As a result, the PCS common stock will be eliminated and each share of PCS common stock will convert automatically into .50 shares of FON common stock on April 23, 2004. About Sprint Sprint is a global integrated communications provider serving more than 26 million customers in over 100 countries. With approximately 67,000 employees worldwide and over $26 billion in annual revenues in 2003, Sprint is widely recognized for developing, engineering and deploying state-of-the-art network technologies, including the United States' first nationwide all-digital, fiber-optic network and an award-winning Tier 1 Internet backbone. Sprint provides local communications services in 39 states and the District of Columbia and operates the largest 100-percent digital, nationwide PCS wireless network in the United States. For more information, visit http://www.sprint.com/. Photo: NewsCom: http://www.newscom.com/cgi-bin/prnh/20001013/SPRINTLOGO AP Archive: http://photoarchive.ap.org PRN Photo Desk, +1-888-776-6555 or +1-212-782-2840 DATASOURCE: Sprint CONTACT: Mark Bonavia of Sprint, +1-913-794-1088, Web site: http://www.sprint.com/

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