duration of follow-up (SAS 9.3; SAS Institute, CaryNC) using repeat measure, with alpha set at 0.05. Results: 76 patients were included. 39 (51%) were female. Mean age was 60.1 7.9 yrs (range 48-75 yrs). Mean followupwas 92.2 8.4 months (range 24-120months). All patients underwent pre-operative pulmonary rehabilitation. 64 patients underwent thoracoscopic procedure (85% bilateral), 3 sternotomy and 9 hemisternotomy. Baseline mean forced expired volume in one second (FEV1) was 0.8L 0.2L (31.7% predicted 8.2%), total lung capacity (TLC) was 7.7L 1.4L, residual volume (RV) was 4.9L 1.1L, diffusing capacity of carbon monoxide (DLCO) was 38.9% 12.2% predicted and 6MWT distance was 364.9m 104.9m. 32 patients (42.1%) developed complications post-operatively. Thirty-day mortality was 2.6% (n=2). Mean FEV1 and DLCO rose significantly to 1.2 0.3L and 43.1 11.9% respectively at 3 months post-procedure (p<0.001), however these parameters returned to baseline by 4 years. TLC fell significantly to 6.8L 1.2L at three months (p<0.001) but returned to baseline at 5 years. RV was significantly improved until 8 yrs (at 4.2L 1.3L, p<0.005), and 6MWT improvement persisted up to 9 yrs (431.3m 85.8m; p<0.005). Discussion: In our cohort, LVRS was associated with longterm improvement in functional capacitywith lower operative mortality compared with historical studies. The sustained improvement in exercise capacity and sustained reduction inRVsuggests functional benefitmaybedue to improvements in lung mechanics and reduction in dynamic hyperinflation.