Asia Global Crossing, GlobalCenter Japan, and NTT Data Corporation Announce Data Center Operations Agreement

Business Wire, June 6, 2000

Business Editors

HAMILTON, Bermuda and TOKYO, Japan--(BUSINESS WIRE)-- June 6, 2000

Global Crossing (Nasdaq:GBLX):

-- Agreement is intended to leverage each company's assets and

expertise to address growing data center market in Japan.

-- Companies will develop and operate a Technology Park within

the NTT Data Otemachi Building Data Center.

-- GlobalCenter Japan and NTT Data will develop and provide

complex web hosting, systems integration, Internet-based

solutions, and other applications for Technology Park tenants.

-- Under the agreement, Asia Global Crossing will extend its

fiber optic network to the Technology Park to provide

Technology Park tenants a direct connection to the worldwide

Global Crossing Network.

Asia Global Crossing, GlobalCenter Japan, and NTT Data Corporation announced today an Internet data center operations agreement to develop and operate a Technology Park within the NTT Data Building in Otemachi, Tokyo that is intended to give data center customers more comprehensive service and connectivity options.

The Technology Park will capitalize on each company's assets and expertise to better address the growing data center market in Japan by offering more comprehensive services than each company offers separately. NTT Data will contribute its experience as an application service provider (ASP), its ASP platform, and its Web System Integrator (Web SI). GlobalCenter Japan will contribute its data center development and complex web hosting service expertise. Asia Global Crossing will extend its fiber optic network to the Technology Park to provide direct connection to more than 200 major business centers worldwide via the Global Crossing Network.

The Technology Park is now under construction and is expected to be operational by October. The agreement may eventually extend to future NTT Data facilities.

"Japan is experiencing rapid growth in the data center market," said John Legere, CEO of Asia Global Crossing. "In the Technology Park, by combining the data center expertise of GlobalCenter Japan, the fiber optic network and IP platform of Asia Global Crossing, and the systems integration and Internet-based solutions of NTT Data, data center customers will be provided with a high-quality, competitive service."

GlobalCenter Japan has been providing data center service since April 2000. As part of the GlobalCenter international network, the new data center will adhere to GlobalCenter technical specifications, ensuring global consistency of quality and service.

About NTT Data

As Japan's largest systems integrator, NTT Data is engaged in constructing systems in a wide array of sectors. These operations range from large-scale projects in the financial and public administrative sectors, including government entities, to diverse corporate networks. The company's activities

encompass all stages of system creation, from the proposal of system strategy to planning, design, construction, operation and maintenance, and the company offers the best solutions backed by outstanding quality and reliability. NTT Data believes that the technological assets and intellectual property it has cultivated in these activities will form the nucleus of the new information network society being created as the company moves into the 21st century.

About GlobalCenter Japan

GlobalCenter Japan is a joint venture between Asia Global Crossing and the Internet Research Institute, Inc. (IRI). GlobalCenter Japan develops, designs, and constructs data centers in Japan, providing connectivity to the world through the Global Crossing Network. GlobalCenter Japan will also develop and provide complex web hosting services, e-commerce support, and applications hosting solutions.

About Asia Global Crossing

Asia Global Crossing is a joint venture among Global Crossing (Nasdaq: GBLX), Softbank (Tokyo Stock Exchange: 9984), and Microsoft (Nasdaq: MSFT) created to provide the Asia Pacific region with a full range of integrated telecommunications and IP services. Through a combination of undersea cables, terrestrial networks, city fiber rings and complex web hosting data centers, Asia Global Crossing is building the first truly pan-Asian network that will provide the Asia Pacific region with unprecedented access to a broadband, seamless global network. Advanced IP-based telecommunications services include state-of-the-art telehouses, complex web hosting, and electronic commerce, as well as low-cost, high-quality telephony in competition with local incumbent carriers. Assets of Asia Global Crossing include a 64.5 percent share of Pacific Crossing-1, a subsea system connecting the US and Japan, and ownership of East Asia Crossing, an approximately 19,000-km fiber optic subsea system that upon completion will link Japan, Taiwan, Korea, Hong Kong, Singapore, Malaysia, the Philippines, and China, as regulations permit.

About Global Crossing

Global Crossing Ltd. (Nasdaq: GBLX) is building and offering services over the world's most extensive global IP-based fiber optic network, which will have more than 101,000 route miles, serving five continents, 27 countries and more than 200 major cities. Global Crossing's subsidiary, GlobalCenter Inc., is a leading Internet service business, and its customers include many of the largest and most densely trafficked sites on the Web. Asia Global Crossing, a joint venture among Global Crossing, Microsoft Corporation (Nasdaq: MSFT), and Softbank Corp. (Tokyo Stock Exchange: 9984), is building the first pan-Asian broadband IP network to provide broadband and Internet services to the Asia-Pacific region. Global Crossing's operations are headquartered in Hamilton, Bermuda, with principal offices in Los Angeles, California; London, England; Morristown, New Jersey; Rochester, New York; and Miami, Florida. Visit Global Crossing at www.globalcrossing.com on the Web.