News Releases

Investor Contact : Mark Sisk
Media Contact : Corporate Communications

Lexmark International, Inc. (NYSE: LXK) announced today that it expects a fourth-quarter 2002 year-over-year revenue growth rate of 5 to 6 percent and earnings per share of 88 to 90 cents, which includes a 3 cent benefit from the reversal of previously accrued restructuring charges. On Oct. 21, 2002, the company provided guidance for a year-over-year revenue growth rate in the low- to mid-single digits, and earnings per share in the range of 70 to 80 cents.

For the first quarter of 2003, the company currently expects earnings per share to be in the range of 62 to 72 cents, compared to the 53 cents per share reported in the same period a year ago.

The company will have no further comment on its fourth-quarter results or first-quarter guidance until its scheduled earnings announcement on Thursday, Jan. 23, 2003. A conference call is scheduled for that day at 8:30 a.m. EST. The live audio broadcast and replay can be easily accessed from Lexmark’s investor relations Web site at http://investor.lexmark.com. Shortly after the call, a replay will be available by dialing 877-519-4471, code 3655937.

About Lexmark

Lexmark International, Inc. is a leading developer, manufacturer and supplier of printing solutions -- including laser and inkjet printers, multifunction products, associated supplies and services -- for offices and homes in more than 150 countries. Founded in 1991, Lexmark reported more than $4.1 billion in revenue in 2001, and can be found on the Internet at www.lexmark.com.