NEW YORK, Jan 29, 2003 (Reuters) - The following is a list of the
25 largest corporate losses for completed fiscal years over the
past 50 years.

The list shows the $98.696 billion fiscal 2002 loss announced on 
Wednesday by AOL Time Warner Inc. It was the largest in the past 50 years.

The data was provided by Standard & Poor's.


25 LARGEST CORPORATE LOSSES INCLUDING EXTRAORDINARY ITEMS

RANK  COMPANY NAME                 TICKER      LOSS IN $BLNS  YEAR
1     AOL Time Warner Inc.         NYSE:AOL        98.69      2002
2     JDS Uniphase Corp           NasdaqNM:JDSU    56.12      2001
3     General Motors Corp           NYSE:GM        23.50      1992
4     Lucent Technologies Inc       NYSE:LU        16.20      2001
5     NTL Inc                     NasdaqNM:NTLI    14.24      2001
6     Verisign Inc                NasdaqNM:VRSN    13.36      2001
7     AT&T CORP                      NYSE:T        13.08      2002
8     Tyco International LTD       NYSE:TYC         9.41      2002
9     Intl Business Machines       NYSE:IBM         8.10      1993
10    I2 Technologies Inc         NasdaqNM:ITWO     7.75      2001
11    At Home Corp                   N/A            7.44      2000
12    Ford Motor Co                 NYSE:F          7.39      1992
13    Raytech Corp/de             NYSE:RAY          7.06      2000
14    CIT Group Inc               NYSE:CIT          6.69      2002
15    Webmd Corp                 NasdaqNM:HLTH      6.68      2001
16    Liberty Media Corp            NYSE:L          6.20      2001
17    Corning Inc                 NYSE:GLW          5.49      2001
18    CMGI Inc                   NasdaqSC:CMGI      5.49      2001
19    Level 3 Commun Inc         NasdaqNM:LVLT      4.97      2001
20    PSINET Inc                     N/A            4.96      2000
21    Aol Time Warner Inc         NYSE:AOL          4.92      2001
22    Agere Systems Inc           AMEX:AGR          4.62      2001
23    UnitedGlobalCom Inc       NasdaqNM:UCOMA      4.49      2001
24    TEXACO Inc                   NYSE:TX          4.41      1987
25    Redback Networks Inc       NasdaqNM:RBAK      4.12      2001
25    Qwest Communication Intl      NYSE:Q          4.02      2001