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Press Release

2002 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 31, 2002
Global Crossing Board of Directors to Name Lambert and Ullman Co-Chairman

December 23, 2002
Global Crossing Provides Wholesale Conferencing Services to DSCI in Two-Year Agreement

December 17, 2002
Court Confirms Global Crossing's Reorganization Plan

December 16, 2002
Global Crossing Releases Operating Results for October 2002

December 16, 2002
Camelot's UK Retailers to Receive Digital Network Upgrade From Global Crossing

December 16, 2002
NetKit Solutions Inks Multi-Year Agreement With Global Crossing

December 16, 2002
TMC Communications Relies on Global Crossing for Voice and Data Services

December 12, 2002
Global Crossing Introduces Instant Recording and Playback for Ready-Access On-Demand Audio Conferencing

December 11, 2002
Global Crossing Remote Access Service Enhances IP Virtual Private Network Reach

December 10, 2002
Global Crossing Achieves Major Voice Over Internet Protocol Milestone With Sonus Networks

December 4, 2002
Global Crossing Receives Anatel's License to Offer Multimedia Communications Services in Brazil

December 3, 2002
Mexican Extranet Provider Serpronet Offers Services Over Global Crossing Fast Ethernet

November 17, 2002
Global Crossing Statement on Asia Global Crossing Proposed Equity Investment and Chapter 11 Filing

November 11, 2002
Spartan Equities Selects Global Crossing's Secure Extranet to Enable Integrated Trading Environment

November 7, 2002
Global Crossing Releases Operating Results for September 2002

November 5, 2002
Global Crossing Hosts 217-Site Video Conference, Combining IP and ISDN Protocols

November 5, 2002
Global Crossing Names Donald Poulter President of its Conferencing Unit

October 28, 2002
Global Crossing Carries More Than Two Billion Minutes on its Voice Over IP Platform in Third Quarter of 2002

October 22, 2002
Global Crossing Releases Operating Results for August 2002

October 21, 2002
Global Crossing to Restate Financial Statements

October 17, 2002
Global Crossing Optical Infrastructure is Critical Part of Next-Generation Internet

October 10, 2002
Global Crossing Signs Private Line Service Agreement With Brazil's BCP Telecomunicações

October 9, 2002
Global Crossing European Customers Pioneer Use of Next Version of Internet Protocol

September 10, 2002
Global Crossing Provides Conexion Group With Private Line Service Linking North, Central and South America

September 4, 2002
Global Marine Announces New Management Team

August 30, 2002
Global Crossing Releases Operating Results for July 2002

August 26, 2002
Global Crossing Introduces Videoconferencing over IP: Smarter, Higher-Quality, More Cost-Efficient Videoconferencing

August 9, 2002
Hutchison Telecommunications and Singapore Technologies Telemedia Sign Agreement to Acquire a Majority Interest in Global Crossing

August 8, 2002
Global Crossing Connects With E-xpedient to Provide Customers Fast, Reliable Internet Access

August 6, 2002
Global Crossing Draws on Matrix NetSystems Internet Performance Services to Achieve Highest Levels Of Service

August 5, 2002
Global Crossing Inks Wholesale Conferencing Contract With InterAmericas Conferencing Company Inc.

August 1, 2002
Global Crossing Announces Results for First Half of 2002

July 31, 2002
Global Crossing Extends Auction Date

July 30, 2002
Global Crossing Releases Testimony for Senate Commerce Committee Hearing

July 29, 2002
Global Crossing Provides SAR Telecomunicaciones With Dedicated Internet Access Service Worldwide

July 26, 2002
Telecommunications Industry Executives to Testify Before Senate Commerce Committee

July 25, 2002
Global Crossing Signs Agreement With Dutch National Research Network

July 23, 2002
Global Crossing Extends Auction Date

July 22, 2002
Global Crossing's José Antonio Ríos Joins Board of the Inter-American Dialogue's Latin America Advisor

July 22, 2002
Global Crossing's Ready-Access Audio Conferencing Usage Surges 74 Percent

July 11, 2002
Global Crossing Announces Rapid Growth in Scandinavia

July 10, 2002
Global Crossing in New Agreement to Operate UK National Lottery Network

July 8, 2002
Global Crossing Reports Significant Increase in IP Data Traffic Over its Global Network

July 8, 2002
Global Crossing Continues to Exceed 2002 Operating Plan Targets as IP Traffic Grows and Network Performance Peaks

June 19, 2002
Global Crossing Selected by Techtel Argentina To Provide International Voice Services to More Than 450 Destinations Worldwide

June 17, 2002
Global Crossing Extends Bidding Deadline

June 6, 2002
Fast Provisioning Onto Global Crossing Worldwide Network Keeps European Companies Online and in Business

June 5, 2002
Global Crossing Provides Managed Voice and Data Services to Virgin Trains

May 28, 2002
Global Crossing Intends to Propose Company-Sponsored Restructuring Plan to Creditors

May 25, 2002
Global Crossing Confirms Hutchison Whampoa and Singapore Technologies Telemedia Unable to Reach Agreement With Creditor Constituencies

May 14, 2002
Choice Telco Selects Global Crossing for Voice and Capacity Services in Four-Year Agreement

May 8, 2002
Global Crossing Provides IP Network 'Engine' to Break Internet2 Land Speed Record

May 8, 2002
Global Crossing Continues Streamlining, Cost Reductions, and Operational Turn-Around; First Quarter Preliminary Performance On Target

May 7, 2002
Global Crossing Receives High Marks in Atlantic ACM's Annual "2002 Wholesale Carrier Report Card"

May 7, 2002
Global Crossing's Voice Traffic Exceeded Four Billion Minutes per Month During the First Quarter of 2002; New VoIP Records Set

May 6, 2002
Global Crossing Enables Optical IP Servicios Multimedia to Provide First Fiber-optic Multimedia Platform in Peru

May 6, 2002
Convergia Selects Global Crossing for Worldwide Voice and Capacity Services

April 24, 2002
Global Crossing Signs Agreement With Nextel Argentina for Carrier Outbound Service

April 22, 2002
Global Crossing Conferencing Launches Ready-Access Global 800 Service

April 15, 2002
Global Crossing Protests DREN Contract Ruling

April 10, 2002
Global Crossing's Global IP Network Selected by Top Brazilian Research Institution

April 10, 2002
Global Crossing Delivers IP Services for World's Largest Research Network

April 8, 2002
Global Crossing Announces New Board Members

April 4, 2002
Agnostic Media Chooses Global Crossing to Support its Distributed Media Management Platform

April 2, 2002
Global Crossing Delays Annual Report Filing

April 2, 2002
Global Crossing Names Trent Holmes Managing Director Designate for UK National Business

April 2, 2002
Global Crossing Confirms it has Signed Agreement With SWIFT

April 1, 2002
Global Crossing Announces it is Expected to Restructure Network Services Agreement With SWIFT Today

March 25, 2002
Dave Carey Named Global Crossing Executive Vice President, Enterprise Sales

March 21, 2002
Telecommunications Industry Executives to Testify Before U.S. House of Representatives Committee on Financial Services Today

March 17, 2002
Global Crossing CEO John Legere and CFO Dan Cohrs to Testify Before U.S. House Of Representatives Committee on Financial Services Thursday, March 21, 2002

March 14, 2002
Global Crossing Names John B. McShane General Counsel

March 13, 2002
Global Crossing Real Estate Consolidation will Exclude Woodcliff Facility

March 12, 2002
Global Crossing Receives Request for Documents from the United States House of Representatives Committee on Energy and Commerce

March 8, 2002
Global Crossing Announces Plan to Streamline Operations, Reduce Costs and Optimize Cash as Ongoing Turn-Around Continues

March 5, 2002
Global Crossing Dials-Up Voice Services for Club Med

March 4, 2002
Global Crossing Announces Board Change

March 4, 2002
Global Crossing Unveils Three New Services at CompTel

February 26, 2002
Global Crossing Discloses Preliminary Unaudited Revenue Estimates for Fourth Quarter and Year 2001

February 26, 2002
Global Crossing Announces Executive Changes

February 22, 2002
Global Crossing to Offer U.S. Employees Voluntary Separation package

February 14, 2002
Global Crossing's New Direct Dial Services Seamlessly Connect Businesses Around the Globe

February 12, 2002
Global Crossing Confirms FBI Inquiry

February 8, 2002
Global Crossing Reports it is Subject of SEC Investigation

February 7, 2002
Global Crossing and NBC News Channel Team up to Provide News Coverage of 2002 Winter Olympics

February 6, 2002
Global Crossing Introduces Digital Video Transport Services

February 4, 2002
Global Crossing Issues Statement on Previously Reported Accounting Allegations

January 30, 2002
Global Crossing Common Stock to Trade on OTC Bulletin Board

January 28, 2002
Hutchison Whampoa Limited and Singapore Technologies Telemedia Pte. Ltd. Plan to Invest $750 Million in Global Crossing

January 23, 2002
Global Crossing to Announce Earnings on Tuesday, February 26, 2002

January 22, 2002
Washingtonpost.Newsweek Interactive Selects Global Crossing to Provide Dedicated Internet Access Connection

January 16, 2002
Global Crossing Provides Worldwide Data Network to Global EMS Provider

January 11, 2002
Global Crossing and Asia Global Crossing Realign Top Leadership Jobs

January 10, 2002
Global Crossing Releases Free Software Tool for Efficient IP Addressing

January 8, 2002
Ted Higase Named Global Crossing Executive Vice President, Carrier Sales

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