Nortel Networks - Re Grants of Options
17 January 2000 - 6:02PM
UK Regulatory
RNS Number:8510D
Nortel Networks Corp
14 January 2000
Re: Nortel Networks Corporation
1986 Stock Option Plan as Amended and Restated
Nortel Networks Corporation (the "Corporation") hereby confirms the following
grants of options ("Options") to purchase common shares of the Corporation
issued pursuant to the Nortel Networks Corporation 1986 Stock Option Plan as
Amended and Restated (the "Plan"):
Number of
Date of Grant Options Exercise Price Expiry Date
US$ CDN$
Dec. 16, 1999 4,067,150 90.78 134.22 Dec. 15, 2009
Although the Exchange does not require notice of the grant of Options, we are
providing you with this information as a courtesy because the Corporation is
required to provide such notice to The Toronto Stock Exchange.
END
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