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Global Crossing to Host Analyst Conference

28 February 2001

Hamilton, Bermuda: 27 February, 2001 - Global Crossing Ltd. (NYSE: GX, BSX: GBLX.BH) announced today that it will host an analyst and investor conference on Thursday, March 1, 2001, from 8:00 a.m. until 1:30 p.m. Eastern time. The Global Crossing management team will discuss the company's growth strategy as it nears completion of its unique global network; confirm guidance as issued January 8, 2001; and answer questions from the investment community.

Interested investors and media are invited to participate via a live web cast at http://www.globalcrossing.com. A rebroadcast will be available immediately following the conference.