Nortel Networks has received a three-month extension from the New York Stock Exchange for the filing of various 2003 financial reports.

The extension means that Nortel (NYSE” NT) will continue to be listed on the exchange.

Nortel has spent most of the past year reviewing financial reports following management dismissals and internal investigations. Nortel also faces government-led probes in Canada and the United States.

Nortel: www.Nortel.com