RNS Number:8250R
Tyco International Ld
07 November 2003


FOR IMMEDIATE RELEASE


              Tyco Announces Renegotiation of Credit Facilities


PEMBROKE, Bermuda, November 6, 2003 -- Tyco International Ltd. (NYSE: TYC, BSX:
TYC, LSE: TYI) today announced that it has commenced the negotiation of new bank
credit facilities of $2.5 billion, consisting of both a three-year and a 364-day
revolving credit facility.  The new facilities will replace the $1.5 billion
undrawn 364-day revolving credit facility, due to expire at the end of January
2004, and the $2 billion drawn 5-year revolving credit facility, due to expire
in February 2006.


ABOUT TYCO INTERNATIONAL LTD.


Tyco International Ltd. is a diversified manufacturing and service company. Tyco
operates in more than 100 countries and had fiscal 2003 revenues from continuing
operations of approximately $37 billion.


FORWARD-LOOKING STATEMENTS


This release may contain certain "forward- looking statements" within the
meaning of the United States Private Securities Litigation Reform Act of 1995.
These statements are based on management's current expectations and are subject
to risks, uncertainty and changes in circumstances, which may cause actual
results, performance or achievements to differ materially from anticipated
results, performance or achievements. All statements contained herein that are
not clearly historical in nature are forward looking and the words "anticipate,"
"believe," "expect," "estimate," "plan," and similar expressions are generally
intended to identify forward-looking statements. The forward-looking statements
in this release include statements addressing the following subjects: future
financial condition and operating results.  Economic, business, competitive and/
or regulatory factors affecting Tyco's businesses are examples of factors, among
others, that could cause actual results to differ materially from those
described in the forward-looking statements.


More detailed information about these and other factors is set forth in Tyco's
Annual Report on Form 10-K for the fiscal year ended September 30, 2002, as
amended, and in Tyco's Quarterly Report on Form 10-Q for the quarter ended June
30, 2003.  Tyco is under no obligation to (and expressly disclaims any such
obligation to) update or alter its forward-looking statements whether as a
result of new information, future events or otherwise.


Contacts:


Media:              Gary Holmes, 609-720-4387


Investor Relations: Ed Arditte, 609-720-4621

                    John Roselli, 609-720-4624


                      This information is provided by RNS
            The company news service from the London Stock Exchange
END

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