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Dan Wagner Named President Of Global Crossing Europe

Hamilton, Bermuda: 6 November 2001 - Global Crossing (NYSE: GX, BSX:GBLX.BH) today announced the appointment of Dan Wagner as president of its European operations. In this capacity, Wagner will oversee Global Crossing's activities throughout continental Europe, the United Kingdom and Ireland.

"With more than 7700 corporations based in Europe that have revenues in excess of 1 billion dollars (USD), the region continues to play a vital role in Global Crossing's strategy of offering leading-edge services to multinational corporations and telecommunications companies worldwide," said John Legere, CEO of Global Crossing and Asia Global Crossing. "Dan Wagner's extensive knowledge and experience in managing complex telecommunications operations will help ensure the company's continued penetration of this key market."

Previously, Wagner served as Global Crossing's managing director for the UK, where he led an aggressive growth plan to strengthen the company's position as a premier provider of business solutions to the media & entertainment sector, financial markets, government organizations and multinational corporations.

Wagner joined Global Crossing as vice president of business integration for North America, following its acquisition of Frontier Communications in September 1999. He also served as vice president of business integration for Europe under former European president, Carl Grivner. At Frontier, he held several key management positions, including senior director of finance and integration, and vice president of service delivery.