Wechsler Harwood Announces Deadline to Participate in the Class Action Suit Against Lucent Technologies, Inc. Is Quickly Approaching

Business Wire, Feb 23, 2000

Business Editors & Legal Writers

NEW YORK--(BUSINESS WIRE)--Feb. 23, 2000

Counsel for Class Plaintiff, Wechsler Harwood Halebian & Feffer LLP, today issued the following:

If you are a member of the Class described above, you may, no later than March 7, 2000, move the Court to serve as lead plaintiff of the Class, if you so choose.

A class action has been commenced in the United States District Court for the District of New Jersey on behalf of all persons who purchased the common stock of Lucent Technologies, Inc. (NYSE:LU) ("Lucent" or the "Company") between October 27, 1999 and January 6, 2000, inclusive (the "Class Period").

The plaintiff seeks to recover damages on behalf of all purchasers of Lucent common stock during the Class Period. Plaintiff is represented by the law firm of Wechsler Harwood Halebian & Feffer LLP, which has extensive experience in prosecuting investor class actions involving financial fraud. Wechsler Harwood Halebian & Feffer LLP has prosecuted securities, antitrust and consumer class actions for over 10 years. For more information about Wechsler Harwood Halebian & Feffer LLP, please visit its website at www.whhf.com.

In order to serve as lead plaintiff, however, you must meet certain legal requirements. If you wish to discuss this action or have any questions concerning this case or your rights or interests, please contact:

Craig Lowther, Shareholder Relations Department re: Lucent Technologies, Inc. clowther@whhf.com, at Wechsler Harwood Halebian & Feffer LLP, 488 Madison Avenue, New York, New York 10022 at (toll free) 877/935-7400.