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Press Release

2000 PRESS RELEASES

Global Crossing's news releases are archived on this Web site for historical purposes. While the information in the releases was accurate at the time of release, information regarding the matters discussed in the releases, including material information, changes over time. Information in a release may, therefore, no longer be accurate or in effect after the date of the release, and Global Crossing undertakes no duty to update such information.

December 18, 2000
Global Crossing Ltd. Declares Dividends on its Cumulative Convertible Preferred Stock

November 28, 2000
Global Crossing Selects IBM to Provide Managed Network Services Worldwide

November 20, 2000
Global Crossing Adds Brazil to Global Fiber-optic Network

November 15, 2000
Global Crossing Connects Argentina to Global Fiber-optic Network

November 14, 2000
Global Crossing Holdings Ltd. Declares Dividend on its Senior Exchangeable Preferred Stock

November 14, 2000
Global Crossing's IXnet to Provide Connectivity to International Securities Exchange Over Worldwide Managed IP Network

November 13, 2000
Global Crossing's Recurring Adjusted EBITDA up 91%, Cash Revenue up 46%, From Third Quarter of 1999, Pro Forma for M&A Activity

October 31, 2000
Global Crossing Network Lands in Chile

October 26, 2000
Global Crossing Repays Racal Loan

October 25, 2000
GlobalCenter Announces Alliance Partner Program

October 23, 2000
Asia Global Crossing Teleconference to discuss Third Quarter 2000 Earnings

October 23, 2000
Global Crossing to Announce Earnings on Monday, November 13

October 23, 2000
Global Crossing Lists on The New York Stock Exchange

October 11, 2000
Global Crossing Names Thomas J. Casey Chief Executive Officer

October 9, 2000
Global Crossing Landing Mexicana Receives License to Operate in Mexico and Completes Mexican Fiber-optic Network

October 6, 2000
Asia Global Crossing Prices Initial Public Offering of 68 Million Common Shares At $7 Per Share; Begins Trading on NASDAQ

October 5, 2000
GlobalCenter Kicks Off European Expansion Plans

October 3, 2000
Global Crossing Announces Major Fiber and Capacity Sale Agreements With Telecom Italia

September 28, 2000
Exodus to Acquire GlobalCenter for $6.5 Billion

September 27, 2000
Global Crossing Ltd. Lights up Carrier Class Voice Over IP in its Production Network

September 27, 2000
Global Crossing's IXnet Selected by WorldStreet Corporation to Provide Worldwide Broadband IP Connectivity

September 19, 2000
GlobalCenter Selects NARUS Internet Business Infrastructure Solution

September 6, 2000
John Faccibene Named President of Global Crossing's IPC Trading Systems Operations Division

August 31, 2000
Global Crossing Increases Estimates for Cash Revenue and Recurring Adjusted EBITDA in 2000

August 31, 2000
Global Crossing Network Reaches Brazil's "Carioca" Coast

August 29, 2000
Panama Becomes Link in Global Crossing's Latin American Network

August 29, 2000
Sun Microsystems and GlobalCenter Announce Strategic Alliance to Deliver Advanced Services to Media and Entertainment Industry

August 23, 2000
GlobalCenter Data Center Expansion Continues

August 15, 2000
Global Crossing Announces Closing of $2.25 Billion Senior Secured Credit Facility

August 15, 2000
IPC Information Systems, Inc. Announces Successful Completion of Change-of-Control Offer and Consent Solicitation

August 15, 2000
GlobalCenter and Oracle form Strategic Partnership to Deliver Oracle Technology Technology to GlobalCenter Target Markets

August 11, 2000
David Walsh Named Co-Chief Operating Officer, Sales & Marketing at Global Crossing Ltd.

August 8, 2000
IPC Information Systems, Inc. Announces Amendments to Change-of-Control Offer and Consent Solicitation

August 7, 2000
Global Crossing Launches International ATM and Frame Relay Service to Europe

August 7, 2000
GlobalCenter and BlueLight.com Partner to Develop Internet Infrastructure Behind Recently Launched E-Commerce Site

August 1, 2000
Global Crossing's Cash Revenue Up 39%, Recurring Adjusted EBITDA Up 65%, From Second Quarter of 1999, Pro Forma for Acquisitions

August 1, 2000
Global Crossing Introduces Web-Based Control of Enhanced Toll-Free Call Routing

August 1, 2000
Global Crossing Selected as Best-Practice Partner by American Productivity and Quality Center

August 1, 2000
Thomson Investors Network Selects GlobalCenter for the Internet Infrastructure Behind its Financial Services Site

July 31, 2000
IPC Information Systems, Inc. Announces Extension of Consent Solicitation Period

July 28, 2000
Deutsche Telekom Signs New Contract With Global Crossing for European Backbone

July 25, 2000
Global Crossing Completes Major Network Link in Argentina

July 25, 2000
IPC Information Systems, Inc. Announces Extension of Consent Solicitation Period

July 21, 2000
Global Crossing to Announce Earnings on Tuesday, August 1

July 20, 2000
Global Crossing Files Amendment to Registration Statement for Tracking Stock of GlobalCenter

July 19, 2000
Global Crossing and 360networks Enter Major Agreements

July 12, 2000
Global Crossing Announces $3.65 Billion Cash Sale of Local Exchange Carrier Business to Citizens Communications

July 11, 2000
IPC Information Systems, Inc. Announces Change-of-Control Offer and Consent Solicitation

July 11, 2000
Global Crossing Announces New Global Government Solutions Group

July 7, 2000
INCTM Selects GlobalCenter to Power its Premier Internet File Delivery Service

June 30, 2000
Global Crossing Names Thomas J. Goff Senior Vice President of Corporate Communications

June 21, 2000
Asia Global Crossing Announces Lead Investment in Digital United

June 20, 2000
Global Crossing North America Offers Webcast Service to Conferencing Customers

June 20, 2000
Bill Adiletta Named Chief Information Officer of Global Crossing

June 20, 2000
Global Crossing Ltd. Declares Dividends on its Cumulative Convertible Preferred Stock

June 15, 2000
Global Crossing Completes Acquisition of IXnet and IPC

June 8, 2000
Asia Global Crossing Appoints Stefan Riesenfeld Chief Financial Officer

June 6, 2000
Asia Global Crossing, GlobalCenter Japan, and NTT Data Corporation Announce Data Center Operations Agreement

June 5, 2000
GlobalCenter Provides the Internet Infrastructure Behind Everstream's Dynamic Services

May 31, 2000
Asia Global Crossing Appoints New Executives to Senior Management Team

May 25, 2000
Global Crossing Network Completion Advances With Activation of Eastern Ring in Germany

May 23, 2000
Asia Global Crossing Files Registration Statement for Initial Public Offering

May 22, 2000
Global Crossing Seeks Over $1 Billion in Suit Against Tyco Submarine Systems

May 22, 2000
Global Crossing Awarded $50 Million Network Services Contract From TriVergent Communications

May 21, 2000
Asia Global Crossing and Singapore Technologies Telemedia Announce Agreement to Form Two Joint Ventures

May 15, 2000
Global Crossing Signs Landmark Unified Messaging Agreement With Tornado Development

May 11, 2000
Global Crossing Announces Exercise of Over-Allotment Option Relating to Preferred Stock Offering

May 10, 2000
Global Crossing Awarded Contract to Provide Virtual Network Linking British Embassies Worldwide

May 8, 2000
InfoCure Selects GlobalCenter to Host ASP, Portals and Client Web Sites

May 2, 2000
Global Crossing's Recurring Adjusted EBITDA Up 23% From Fourth Quarter 1999, With 14% Growth in Cash Revenue

May 1, 2000
Global Crossing Announces Intent to Examine Strategic Options Concerning Incumbent Local Exchange Carrier Business

May 1, 2000
Global Crossing Picks IBM's Gary Cohen and Arthur Andersen's Joseph Perrone for Senior Management Posts

April 25, 2000
Global Crossing to Announce Earnings on Tuesday, May 2

April 24, 2000
Sun and GlobalCenter Team to Support Library of Congress New Web Site Launch

April 21, 2000
GlobalCenter Names Don Fulghum Chief Information Officer

April 19, 2000
Global Crossing Files Registration Statement for Tracking Stock of GlobalCenter

April 11, 2000
Global Crossing Announces Pricing of Equity Offerings

April 10, 2000
GlobalCenter Powers ClickThings Web Site

April 4, 2000
David Pope Joins GlobalCenter as Vice President of Operations

March 31, 2000
Global Crossing Announces Equity Offerings that will Fund Planned Business Expansion

March 31, 2000
Asia Global Crossing to Make Initial Public Offering of Common Stock

March 28, 2000
Global Crossing and WebEx Forge Strategic Alliance

March 27, 2000
New Global Crossing NetCents Long Distance Plan Offers Small Business Customers E-Business Solution With Significant Cost Savings

March 27, 2000
Global Crossing Telecommunications Unveils Extranet for Agents and Partners

March 20, 2000
Global Crossing Files Shelf Registration Statement

March 17, 2000
Charles Carroll Joins Asia Global Crossing as General Counsel

March 13, 2000
Global Crossing Expands Pan European Network to Spain and Scandinavia

March 10, 2000
Asia Global Crossing Accelerates Subsea Cable Construction Schedule to Land in Taiwan Earlier than Previously Announced

March 9, 2000
David A. Walsh to Head Global Crossing Sales and Marketing

March 6, 2000
Leading Internet Services Business Expands Utility Applications Offerings With Disk-on-Demand Storage Solution, Powered by StorageNetworks

March 2, 2000
Leo Hindery Succeeds Bob Annunziata as CEO of Global Crossing

February 29, 2000
Deutsche Telekom AG Boosts Capacity on Global Crossing Network

February 24, 2000
GlobalCenter Names Co-Chief Operating Officers

February 22, 2000
Global Crossing to Acquire IXnet, Inc., a High Growth Provider of IP-Based Network Services to Global Financial Community, and its Parent Company, IPC Communications, for $3.8 Billion in Stock

February 18, 2000
Global Crossing's Fourth Quarter Revenue Exceeds $1 Billion; Pro Forma 1999 Revenue Tops $4 Billion With Recurring Adjusted EBITDA of $1.2 Billion

February 16, 2000
Germany Goes Global From Carriers' Carrier to Global Service Provider

February 16, 2000
It's All a Question of Speed for Global Crossing

February 15, 2000
Global Crossing Aims to be 'Natural Choice' for British Business

February 15, 2000
John J. Legere Joins Asia Global Crossing as Chief Executive

February 14, 2000
GlobalCenter Names Executive Vice President of International and Corporate Development

February 7, 2000
GlobalCenter Teams With Loudcloud in increased Scalability Solutions for .com Businesses

February 4, 2000
Global Crossing Puts First Segment of Mid-Atlantic Crossing into Undersea Service Connecting New York State to Florida

February 3, 2000
GlobalCenter Appoints New Executives to Leadership Team

February 1, 2000
GlobalCenter and Tanning Technology Form Strategic Relationship

January 31, 2000
GlobalCenter Significantly Expands Data Center Footprint

January 27, 2000
Asia Global Crossing Announces GlobalCenter Japan, a Joint Venture Agreement with Japan's IRI

January 25, 2000
Asia Global Crossing Names David Milroy President Asia Pacific

January 21, 2000
Global Crossing Delivers First High-Performance, High-Capacity IP Wavelength Link Across Atlantic

January 16, 2000
Global Crossing Introduces Secure Data-Virtual Private Network Service to Retailers

January 12, 2000
Hutchison Whampoa and Global Crossing Complete Telecom Joint Venture in Hong Kong

January 5, 2000
KDD Group Purchases $100 Million in Capacity on Global Crossing Network

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