Lumen Technologies, Inc. — Director's Dealing 2009

Dec 12, 2009

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: CENTURYTEL INC (CTL)
CIK: 0000018926
Period of Report: 2009-12-09

Reporting Person: COLE DAVID D (Sr.VP-Operations Support)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2009-12-09	Common Stock	M	85000	$34.6300	Acquired	178798.6561	Direct
2009-12-09	Common Stock	S	85000	$35.9794	Disposed	93798.6561	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2009-12-09	Employee Stock Option (right to buy)	$34.63	M	85000	Disposed	2010-02-21	Common Stock (85000)	Direct

Footnotes

F1: Exercised pursuant to a 10b5-1 trading plan.

F2: Sold pursuant to a 10b5-1 trading plan.