New Calling Card Products from TeleBermuda

Hamilton, Bermuda - April 17, 1998 - TeleBermuda International Limited (TeleBermuda) today announced an exciting new development in its series of calling card products. Always conscious of the needs of its customers, TeleBermuda has introduced a Rechargeable Global Calling Card. Available with $25 of prepaid calling time, the card can be "recharged" with a major credit card, giving TeleBermuda card holders the option of buying more calling time for less. Recharging can be done in Bermuda or when traveling in the US, Canada, or the U.K., a facility not available with other calling cards purchased in Bermuda.

TeleBermuda also provides Prepaid Global Calling Cards sold in denominations of $10, $25, and $50, all of which can be used from Bermuda, the U.S., Canada, and the U.K. to call the world.

All TeleBermuda calling card products can be purchased at the TeleBermuda Customer Care Centre, Emporium Building, Front Street, Hamilton or be calling 292-SAVE. TeleBermuda's competitive rates apply to long-distance calls from Bermuda on all calling card products.

TeleBermuda began operating in Bermuda early 1997, providing residents and businesses a choice and savings on long-distance calls. All calls from Bermuda are carried on the TeleBermuda state-of-the-art fibre optic cable system connecting Bermuda to the United States and the rest of the world. TeleBermuda International Limited is a licensed International telecommunications company, publicly traded in Bermuda.

For further information contact Claude Bourque, TeleBermuda International Limited at 296-9000.