TYI Tyco Intl.

RNS Number:5180F
Tyco International Ld
23 December 2002




FOR IMMEDIATE  RELEASE

                     STATEMENT FROM TYCO INTERNATIONAL LTD.

Pembroke, Bermuda - December 20, 2002 - Tyco International Ltd. (NYSE - TYC, BSX
- TYC, LSE - TYI) today stated that it expects to release the results of the
previously announced review and analysis of the Company's accounting and
governance practices and procedures on or before December 30, 2002.  The results
will be made publicly available in a Current Report on Form 8-K that will be
filed with the Securities and Exchange Commission at that time.  The Company
also stated that it will not otherwise comment on the review until after the
release of the results.



About Tyco International Ltd.


Tyco International Ltd. is a diversified manufacturing and service company.
Tyco is the world's largest manufacturer and servicer of electrical and
electronic components; the world's largest designer, manufacturer, installer and
servicer of undersea telecommunications systems; the world's largest
manufacturer, installer and provider of fire protection systems and electronic
security services and the world's largest manufacturer of specialty valves.
Tyco also holds strong leadership positions in medical device products, and
plastics and adhesives.  Tyco operates in more than 100 countries and had fiscal
2002 revenues from continuing operations of approximately $36 billion.


Forward-Looking Statements

This release may contain certain "forward-looking statements" within the meaning
of the United States Private Securities Litigation Reform Act of 1995. These
statements are based on management's current expectations and are subject to
risks, uncertainty and changes in circumstances, which may cause actual results,
performance or achievements to differ materially from anticipated results,
performance or achievements. All statements contained herein that are not
clearly historical in nature are forward looking and the words "anticipate," "
believe," "expect," "estimate," "plan," and similar expressions are generally
intended to identify forward-looking statements. The forward-looking statements
in this release include statements addressing the following subjects: future
financial condition and operating results.  Economic, business, competitive and/
or regulatory factors affecting Tyco's businesses are examples of factors, among
others, that could cause actual results to differ materially from those
described in the forward-looking statements.



More detailed information about these and other factors is set forth in Tyco's
Annual Report on Form 10-K for the fiscal year ended September 30, 2001, and in
Tyco's Quarterly Report on Form 10-Q for the quarter ended June 30, 2002. Tyco
is under no obligation to (and expressly disclaims any such obligation to)
update or alter its forward-looking statements whether as a result of new
information, future events or otherwise.



                                     # # #



Contact:   Walter Montgomery (Media)
           212-424-1314



           Kathy Manning (Investors)
           603-778-9700


                      This information is provided by RNS
            The company news service from the London Stock Exchange
END

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