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Global Crossing Ltd. to Announce Earnings on Wednesday, August 1, 2001

Hamilton, Bermuda - 23 July, 2001 - Global Crossing Ltd. (NYSE:GX, BSX: GBLX.BH) said today it will announce second quarter 2001 earnings on Wednesday, August 1 after the market close. Senior executives will discuss the quarter's results on Thursday, August 2 at 9:00 AM EDT. Live audio streaming of the discussion will be available for public listening at www.globalcrossing.com on the Global Crossing website.