PEMBROKE, Bermuda, Sept 11, 2008 /PRNewswire-FirstCall via COMTEX News Network/ -- Tyco International
Ltd. (NYSE: TYC; BSX: TYC) ("Tyco") and Tyco International Finance S.A.
("TIFSA") today announced that they have commenced registered exchange offers
to exchange (i) up to $421,961,000 of Tyco and TIFSA's newly registered 7.0%
Notes due 2019 (the "2019 Exchange Notes") for an equal amount of its
privately placed 7.0% Notes due 2019 (the "2013 Original Notes") and (ii) up
to $707,404,000 of Tyco and TIFSA's newly registered 6.875% Notes due 2021
(the "2021 Exchange Notes" and together with the 2019 Exchange Notes, the
"Exchange Notes") for an equal amount of its privately placed 6.875% Notes due
2021 (the "2021 Original Notes" and together with the 2019 Original Notes, the
"Original Notes"). The Exchange Notes are substantially identical to the
Original Notes, except that the Exchange Notes have been registered under the
Securities Act of 1933, as amended, and will not bear any legend restricting
their transfer.

Tyco and TIFSA will accept for exchange any and all Original Notes validly
tendered and not withdrawn prior to the expiration of the exchange offers at
5:00 p.m., New York City time, on October 14, 2008, unless extended.

The terms of the exchange offers and other information relating to Tyco
and TIFSA are set forth in a prospectus dated September 11, 2008. Copies of
the prospectus and the related letters of transmittal may be obtained from
Wilmington Trust Company, which is serving as the exchange agent for the
exchange offers. Wilmington Trust Company's address, telephone and facsimile
number are as follows:

                           Wilmington Trust Company
                             Rodney Square North
                           1100 North Market Street
                          Wilmington, DE 19890-1600
                              Fax: 302-636-4139
                     Attention: Corporate Client Services
                            Confirm by telephone:
                              Tel: 302-636-6181

This announcement is neither an offer to sell nor a solicitation of an
offer to buy or exchange the Exchange Notes or the Original Notes. The
exchange offers are made solely pursuant to the prospectus dated September 11,
2008, including any supplements thereto.

ABOUT TYCO INTERNATIONAL

Tyco International (NYSE: TYC) is a diversified, global company that
provides vital products and services to customers in more than 60 countries.
Tyco is a leading provider of security products and services, fire protection
and detection products and services, valves and controls, and other industrial
products. Tyco had 2007 revenue of more than $18 billion and has 110,000
employees worldwide. More information on Tyco can be found at
http://www.tyco.com.

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.
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. 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. 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 28, 2007 and Tyco's Quarterly
Report on Form 10-Q for the period ended June 27, 2008.

SOURCE Tyco International Ltd.

http://www.tyco.com

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