FLAG Telecom appoints Serge Fortin as Senior Vice President Sales and Marketing; Joins Executive Management team and assumes full responsibility for global sales, sales support, marketing and corporate communications functions

Airline Industry Information, August 19, 2004

AIRLINE INDUSTRY INFORMATION-(C)1997-2004 M2 COMMUNICATIONS LTD

London, UK - FLAG Telecom, a leading provider of international wholesale network transport and communications services, today announced the appointment of Serge Fortin as Senior Vice President, Sales and Marketing, FLAG Telecom and a member of the company`s Executive Team. Prior to joining FLAG, Serge was Vice Chairman, Teleglobe, Canada.

Patrick Gallagher, CEO FLAG Telecom, said: "This is a newly created position on the Executive Team and will play a key contributing role in the next stage of FLAG`sdevelopment. Serge has an extremely strong international telecommunications background and a wealth of experience in our industry segment. I look forward to him taking a leading role in further developing a strong international sales force, creating solid customer partnerships, and building further on our brand recognition and company awareness to deliver a combined strategic vision of FLAG and Reliance."

At Teleglobe, Serge held a number of senior positions in engineering, operations, marketing and sales, including President, Worldwide Sales, Executive Vice President - Voice, Chief Operating Officer and most recently Vice Chairman, TeleglobeCanada. Prior to joining TeleglobeSerge was President and CEO of Bell Actimedia, managing the Yellow Pages, electronic business, Sympaticoportal and SympaticoInternet access provider. Serge began his career at BellCanada, where he held various executive roles in Engineering, Operations, Strategic Planning, Marketing, Budgeting and Sales.

Serge, whowill be based in the Londonoffices of FLAG Telecom, has a bachelor`s degree in pure and applied sciences from the Universitede Sherbrooke.

Notes to editors Animage of Serge Fortin is available on request.

About FLAG Telecom

FLAGTelecom, a member company of the Reliance Group, has an established customer base of more than 180 leading operators, including all of the top ten international carriers. FLAG owns and manages an extensive optical fibrenetwork spanning four continents and connecting key business markets in Asia, Europe, the Middle Eastand the USA. FLAG also owns and operates a low latency global MPLS based IP network, which connects most of the world's principal international Internet exchanges. FLAG offers a focused range of global products, including global bandwidth, IP, Internet, Ethernet and Co-location services. In the first international acquisition by the Group, FLAG Telecom became a Reliance Group company on 12 January 2004. Recent news releases and further information are on FLAG Telecom's website at: www.flagtelecom.com.

About Reliance Infocomm

RelianceInfocommLtd., a Reliance group company, is India`s largest mobile service provider with over seven million customers. Reliance Infocommhas established a pan-India, high-capacity, integrated (wireless and wireline) and convergent (voice, data and video) digital network, to offer services spanning the entire Infocommvalue chain - infrastructure, services for enterprises and individuals, applications and consulting. The Reliance Group, founded by ShriDhirubhaiH. Ambani(1932-2002), is India's largest business house with total revenues to March 2004 of over Rs99,000 crore(US$ 22.6 billion), cash profit of Rs12,500 crore(US$ 2.8 billion), net profit of Rs6,200 crore(US$ 1.4 billion) and exports of Rs15,900 crore(US$ 3.6 billion).

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