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Press Release

Global Crossing to Present at Jefferies 4th Annual Communications Conference

Florham Park, NJ - September 7, 2006 -- Global Crossing (NASDAQ: GLBC) announced today that Jean Mandeville, chief financial officer and executive vice president, will present during the Jefferies 4th Annual Communications Conference.

Mandeville will provide an overview of Global Crossing's business, including recent financial results, on Monday, September 11, 2006 beginning at 11:00 a.m. EDT.

The Jefferies conference will be held September 11-12, 2006 at the Mandarin Oriental Hotel in New York. More information on the event may be found at www.jefferies.com.

ABOUT GLOBAL CROSSING
Global Crossing (NASDAQ: GLBC) provides telecommunications solutions over the world's first integrated global IP-based network. Its core network connects more than 300 cities in 28 countries worldwide, and delivers services to more than 600 cities in 60 countries and 6 continents around the globe. The company's global sales and support model matches the network footprint and, like the network, delivers a consistent customer experience worldwide.

Global Crossing IP services are global in scale, linking the world's enterprises, governments and carriers with customers, employees and partners worldwide in a secure environment that is ideally suited for IP-based business applications, allowing e-commerce to thrive. The company offers a full range of managed data and voice products including Global Crossing IP VPN Service, Global Crossing Managed Services and Global Crossing VoIP services, to 36 percent of the Fortune 500, as well as 700 carriers, mobile operators and ISPs.

Please visit www.globalcrossing.com for more information about Global Crossing.

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CONTACT GLOBAL CROSSING:

Press Contact

Becky Yeamans
+ 1 973 937 0155
PR@globalcrossing.com

Kendra Langlie
Latin America
+ 1 305 808 5912
LatAmPR@globalcrossing.com

Mish Desmidt
Europe
+ 44 (0) 1256 732 866
EuropePR@globalcrossing.com

Analysts/Investors Contact

Laurinda Pang
+ 1 800 836 0342
glbc@globalcrossing.com

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