Global Crossing Announces Conference Call for GCUK's Third Quarter Financial Results

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London - December 4, 2008-- Global Crossing (NASDAQ: GLBC) will conduct a conference call on Thursday, December 11, 2008 at 9:00 a.m. EST/2:00 p.m. GMT. John Kritzmacher, CFO and Anthony Christie, managing director for Global Crossing UK (GCUK) and Europe, will discuss GCUK's financial results for the third quarter of 2008.

The call may be accessed by dialing +1 212 231 2926 or +44 (0) 20 3300 0097. Callers are advised to dial in 15 minutes prior to the start time. The call will also be Webcast atinvestors.globalcrossing.com/results.cfm.

A replay of the call will be available on Thursday, December 11, 2008, beginning at 11:00 a.m. EST/4:00 p.m. GMT and will be accessible until Thursday, December 18, 2008 at 11:00 a.m. EST/4:00 p.m. GMT. To access the replay, dial +1 402 977 9140 or +1 800 633 8284 and enter reservation number 21400916. UK callers may access the replay by dialing +44 (0) 87 0000 3081 or (0) 800 692 0831 and entering reservation number 21400916.

Global Crossing UK Telecommunications Ltd.provides a full range of managed telecommunications services in a secure environment ideally suited for IP-based business applications. The company provides managed voice, data, Internet and e-commerce solutions to a strong and established commercial customer base, including more than 100 UK government departments, as well as systems integrators, rail sector customers and major corporate clients. In addition, Global Crossing UK provides carrier services to national and international communications service providers.

ABOUT GLOBAL CROSSING

Global Crossing (NASDAQ: GLBC) is a leading global IP solutions provider with the world's first integrated global IP-based network. The company offers a full range of secure data, voice, and video products to approximately 40 percent of the Fortune 500, as well as to 700 carriers, mobile operators and ISPs. It delivers services to more than 690 cities in more than 60 countries and six continents around the globe.

Website Access to Company Information

Global Crossing maintains a corporate website atwww.globalcrossing.com, and you can find additional information about the company through the Investors pages on that website atinvestors.globalcrossing.com. Global Crossing utilizes its website as a channel of distribution of important information about the company. Global Crossing routinely posts financial and other important information regarding the company and its business, financial condition and operations on the Investors web pages.

Visitors to the Investors web pages can view and print copies of Global Crossing's SEC filings, including periodic and current reports on Forms 10-K, 10-Q and 8-K, as soon as reasonably practicable after those filings are made with the SEC. Copies of the charters for each of the standing committees of Global Crossing's Board of Directors, its Corporate Governance Guidelines, Ethics Policy, press releases and analysts presentations are all available through the Investors web pages.

Please note that the information contained on any of Global Crossing's websites is not incorporated by reference in, or considered to be a part of, any document unless expressly incorporated by reference therein.

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CONTACT GLOBAL CROSSING:

Press Contacts

Michael Schneider
+ 1 973 937 0146

michael.schneider@globalcrossing.com

Analysts/Investors Contact

Suzanne Lipton
+ 1 800 836 0342

glbc@globalcrossing.com

Gino Mathew
Europe
+ 1 973 937 0133

gino.mathew@globalcrossing.com

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