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Asia Global Crossing Names David Milroy

Hamilton, Bermuda: Jan. 25, 2000 - Asia Global

Crossing today announced that David Milroy has been named President of Asia Global Crossing - Asia Pacific. Mr. Milroy was previously Senior

Vice President, Network Development for Global Crossing. Asia Global Crossing is a joint venture between Global Crossing, Microsoft, and Softbank.

In his new role, Mr. Milroy is responsible for all Asia Global Crossing activities in Asia, excluding Japan, as well as the East Asia

Crossing subsea cable system. In addition, Mr. Milroy has senior management responsibility for the recently formed Hutchison Global Crossing joint venture. As Asia Global Crossing's top executive for the Asia Pacific region, Mr. Milroy will be based in Hong Kong.

While he was Global Crossing's Senior Vice President, Network Development, Mr. Milroy was responsible for the development of the global terrestrial systems, including the city networks deployment and the voice carrier business unit.

"Establishing a strong network infrastructure within the Asia Pacific region that connects seamlessly with the worldwide Global Crossing Network will drive demand in the region's Internet

marketplace, just as it is doing in the U.S. and in Europe," said Gary Winnick, Chairman and Founder of Global Crossing.

Added Jack Scanlon, CEO of Asia Global Crossing: "David Milroy's deep understanding of the Asia Pacific market combined with his

extensive network development expertise will help us match the capabilities of our global network to the growing needs of our Asian customers, maximizing all that the Internet and broadband have to offer."

Prior to joining Global Crossing, Mr. Milroy was Vice President, International Network Services for KPN Royal Dutch Telecom in The Netherlands, where he was responsible for all of KPN's international infrastructure construction. In addition, he served as a member of the board of a number of KPN subsidiaries in Europe, as well as a KPN joint venture in Hong Kong. Before joining KPN, he was a member of the senior management team at Unisource Satellite Services based in The

Netherlands where he was responsible for the development of satellite services in Western Europe, Eastern Europe and the Middle East. Prior

to moving to Europe, Mr. Milroy was based in Australia where he developed new markets for Telstra Corporation in the Asia Pacific

region, specifically in the area of Mobile Satellite Services.

About Asia Global Crossing

Asia Global Crossing is a joint venture among Global Crossing (Nasdaq: GBLX), SOFTBANK CORP. (Tokyo Stock Exchange: 9984), and Microsoft Corporation (Nasdaq: MSFT) created to provide the Asia Pacific region unprecedented access to a broadband, seamless global network through a combination of high-capacity city rings, terrestrial systems, and undersea cables. Asia Global Crossing offers businesses and consumers an array of advanced network-based telecommunications services including state-of-the-art telehouses, web hosting, and electronic commerce, as well as low-cost, high-quality telephony in competition with local incumbent carriers. Asia Global Crossing assets will include Global Crossing's 58% interest in Pacific Crossing-1, asubsea system connecting the U.S. and Japan, and East Asia Crossing, a 17,000-km fiber optic subsea system that will link Japan, Taiwan,Korea, Hong Kong, Singapore, Malaysia, the Philippines, and China.

About Global Crossing

Global Crossing Ltd. (Nasdaq: GBLX) is building, and offering

services over, the world's first global fiber optic network with

97,200 announced route miles, serving five continents, 24 countries

and more than 200 major cities. The Global Crossing Network and its

telecommunications and Internet product offerings will be available to

over 80% of the world's international communications traffic. Global

Crossing hosts more than 300 of the top Internet brands at its web

hosting division, GlobalCenter. Among the brands are some of the

largest and most densely trafficked sites on the Web, including

Yahoo!, The Motley Fool, Ziff Davis, MP3.com and eToys. Global

Crossing's operations are headquartered in Hamilton, Bermuda, with

principal offices in Los Angeles, California; London, England;

Morristown, New Jersey; and Rochester, New York.

Statements made in this press release that state the Company's or

management's intentions, beliefs, expectations, or predictions for the

future are forward-looking statements. Such forward-looking statements

are subject to a number of risks, assumptions and uncertainties that

could cause the Company's actual results to differ materially from

those projected in such forward-looking statements. These risks,

assumptions and uncertainties include: the ability to complete systems

within currently estimated time frames and budgets; the ability to

compete effectively in a rapidly evolving and price competitive

marketplace; changes in the nature of telecommunications regulation in

the United States and other countries; changes in business strategy;

the successful integration of newly-acquired businesses; the impact of

technological change; and other risks referenced from time to time in

the Company's filings with the Securities and Exchange Commission.