statement relating to the resale of zero-coupon convertible senior debentures due February 12, 2021 issued by Tyco International Group S.A. and guaranteed by Tyco, and the Tyco common shares into which the debentures are convertible, has been declared effective by the Securities and Exchange Commission.

The issuance of these debentures, which generated approximately $2.2 billion in net proceeds, was previously announced on February 7, 2001.