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Press Release

Global Crossing to Participate in Goldman Sachs Communacopia XVII

Florham Park, N.J. - September 9, 2008 -- Global Crossing (NASDAQ: GLBC), a leading global IP solutions provider, today announced that it will participate in Goldman Sachs' Communacopia XVII Conference on Wednesday, September 17, 2008. Global Crossing's presentation will be followed by an analyst "fireside chat" at 4:10 p.m. EDT.

A webcast of the presentation will be posted at investors.globalcrossing.com/events.cfm.

Communacopia will be held on Wednesday, September 17 and Thursday, September 18, 2008 at the Grand Hyatt Hotel at 109 East 42nd Street in New York.

ABOUT GLOBAL CROSSING
Global Crossing (NASDAQ: GLBC) provides telecommunications solutions over the world's first integrated global IP-based network. Its core network connects approximately 400 cities in more than 45 countries worldwide, and delivers services to approximately 690 cities in more than 60 countries and six 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 data, voice and security products to approximately 40 percent of the Fortune 500, as well as 700 carriers, mobile operators and ISPs. Its Professional Services and Managed Solutions provide VoIP, security and network consulting and management services to support its Global Crossing IP VPN service and Global Crossing VoIP services. Global Crossing was the first global communications provider with IPv6 natively deployed in both its private and public backbone networks.

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

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Statements in this press release about expected future events and financial results are forward-looking and subject to risks and uncertainties that could cause the actual results to differ materially, including risks referenced from time to time in the company's filings with the Securities and Exchange Commission. Global Crossing undertakes no duty to update information contained in this press release or in other public disclosures at any time.

CONTACT GLOBAL CROSSING:

Press Contacts

Michael Schneider
+ 1 973 937 0146
michael.schneider@globalcrossing.com

Analysts/Investors Contact

Suzanne Lipton
+ 1 800 836 0342
glbc@globalcrossing.com

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