Global Crossing Shuffles Boards

HAMILTON, Bermuda -- Global Crossing Ltd., (NYSE: GX), and Asia Global Crossing Ltd., (NYSE: AX), announced today changes to their respective boards of directors to reduce the number of overlapping directors. The Global Crossing board of directors is now comprised of: Gary Winnick, chairman; Lod Cook, co-chairman; John Legere; Joseph P. Clayton; Mark L. Attanasio; William S. Cohen; Steven J. Green; Maria Elena Lagomasino; and Geoffrey J.W. Kent. Norman Brownstein and Eric Hippeau have resigned from the Global Crossing board. The Asia Global Crossing board of directors is now comprised of: Gary Winnick, chairman; Lod Cook, co-chairman; Jack Scanlon, vice chairman; John Legere; Norman Brownstein; Eric Hippeau; and Pieter Knook. Mark L. Attanasio, Joseph P. Clayton, William S. Cohen, Geoffrey J.W. Kent, Steven J. Green, and Maria Elena Lagomasino have resigned from the Asia Global Crossing board. Additionally, Asia Global Crossing announced that Walter Beran has joined its board of directors. Beran is chairman of Pacific Alliance Group, which primarily focuses on Asia-related business transactions and relationships. He served as vice chairman and member of Ernst & Whinney's (now Ernst & Young) Management Committee for many years prior to his retirement. He has also served as chairman of the board of the Federal Home Loan Bank of San Francisco and member of the board of Arco Chemical Company and a wide variety of other boards. He presently serves on the Board of Trustees of Eureka Mutual Funds; Fleetwood Enterprises, Inc.; Ventas, Inc.; and others. Global Crossing Ltd. Asia Global Crossing Ltd.