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                                  UNITED STATES
                       SECURITIES AND EXCHANGE COMMISSION

                             WASHINGTON, D.C. 20549

                                    FORM 11-K


(Mark one)

[X]  ANNUAL REPORT  PURSUANT TO SECTION 15(d) OF THE SECURITIES  EXCHANGE ACT OF
     1934

     For  The Fiscal Year Ended December 31, 2002

                                                                  OR

[ ]  TRANSITION  REPORT  PURSUANT  TO  SECTION  15(d) OF THE  SECURITIES  AND
     EXCHANGE ACT OF 1934

     For  The Transition Period From ______ To _______

     COMMISSION FILE NUMBER: 333-98859

     A.   Full title of the plan and the address of the plan, if different  from
          that of the issuer named below:

     B.   Name of issuer of the  securities  held  pursuant  to the plan and the
          address of its principal executive office:

          LYNCH INTERACTIVE CORPORATION
          401 Theodore Fremd Avenue
          Rye, NY 10580














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                              REQUIRED INFORMATION

Pursuant to the instructions on Form 11-K, furnished herewith are plan financial
statements  and schedules  prepared in accordance  with the financial  reporting
requirements of ERISA.

Pursuant  to the  requirements  of the  Securities  Exchange  Act of  1934,  the
trustees (or other persons who administer  the employee  benefit plan) have duly
caused this annual report to be signed on its behalf by the undersigned hereunto
duly authorized.

                                     401(K) SAVINGS
                                     PLAN OF LYNCH INTERACTIVE CORPORATION

                                     /s/ Robert E. Dolan
                                     -------------------
                                     Robert E. Dolan
                                     Member of
                                     Administrative Committee

June 20, 2003







Financial  statements and schedules of 401(k) Savings Plan of Lynch  Interactive
Corporation  for the year ended December 31, 2002,  prepared in accordance  with
ERISA

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                                          Beginning of Year           End of Year
Plan Assets and Liabilities:               (January 1, 2002)       (December 31, 2002)
----------------------------              -----------------       -------------------

                                                            
Total plan assets ...................                   --               $ 1,115,629
Total plan liabilities ..............                   --                        --
                                          ----------------         -----------------

      Net plan assets ................                  --               $ 1,115,629
                                          ================         =================

Income, Expenses, and Transfers for the
---------------------------------------
 Plan Year:
 ----------
                                                    Amount                     Total
                                                    ------                     -----

Contribution received or receivable from
      Employers .......................                 --
      Participants ....................        $    74,200
      Others (including rollovers) ....                 --
Noncash contributions .................                 --
Other income ..........................        $  (338,691)
                                         ------------------

      Total income ....................                                  $  (264,491)
                                                                    -----------------
Benefits paid (including direct rollovers)              --
Corrective distributions ..............                 --
Certain deemed distributions of
 participant loans.....................                 --
Other expenses ........................        $       133
                                         -----------------

      Total expenses ..................                                 $        133
                                                                   ------------------

Net income (loss) .....................                                  $  (264,624)
                                                                    =================

Transfers to (from) the plan ..........                                  $ 1,380,253

Specific Assets:
----------------

If the plan held assets at any time
during the plan year in any of the
following categories,  check "Yes"
and enter the current value of any
assets remaining in the plan as of
the end of the plan year.
                                                                                 Value at End of Year
                                                                    Yes   No      (December 31, 2002)
                                                                    ---   --      -------------------

Partnership/joint venture interests ..............................        X
Employer real property ...........................................        X
Real estate (other than employer real property) ..................        X
Employer securities ..............................................   X                $   402,029
Participant loans ................................................        X
Loans (other than to participants) ...............................        X
Tangible personal property .......................................        X