Lumen Technologies, Inc. — Director's Dealing 2007

Feb 22, 2007

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: CENTURYTEL INC (CTL)
CIK: 0000018926
Period of Report: 2007-02-21

Reporting Person: NICHOLS FRED R (Director)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2007-02-21	Common Stock	M	6000	$29.7	Acquired	13919	Direct
2007-02-21	Common Stock	M	6000	$32.18	Acquired	19919	Direct
2007-02-21	Common Stock	S	12000	$45.59	Disposed	7919	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2007-02-21	Director Stock Option (right to buy)	$29.7	M	6000	Disposed	2014-05-07	Common Stock (6000)	Direct
2007-02-21	Director Stock Option (right to buy)	$32.18	M	6000	Disposed	2013-05-09	Common Stock (6000)	Direct