1. GLOBAL CROSSING DEBTORS' CHAPTER 11 DATABASE 2. LIST OF THE DEBTORS' 50-LARGEST UNSECURED CREDITORS 3. LIST OF DEBTORS' 5 LARGEST SECURED CLAIMS 4. GLOBAL CROSSING'S BALANCE SHEET AS OF SEPTEMBER 30, 2001 ----------------------------------------------------- 1. GLOBAL CROSSING DEBTORS' CHAPTER 11 DATABASE ----------------------------------------------------- Lead Debtor: Global Crossing Ltd. fka Global Crossing Holdings Ltd. Wessex House, 1st Floor 45 Reid Street Hamilton, HM12 Bermuda Debtor affiliates filing separate chapter 11 petitions: Entity Case No. ------ -------- Global Crossing North America, Inc. 02-40187-reg Atlantic Crossings Ltd. 02-40189-reg Atlantic Crossing Holdings Ltd. 02-40190-reg Atlantic Crossing II Ltd. 02-40191-reg Global Crossing Holdings Ltd. 02-40192-reg Global Crossing International, Ltd. 02-40193-reg Global Crossing Network Center Ltd. 02-40194-reg Mid-Atlantic Crossing Holdings Ltd. 02-40195-reg Mid-Atlantic Crossing, Ltd. 02-40196-reg Pan American Crossing Holdings Ltd. 02-40197-reg Pan American Crossing Ltd. 02-40198-reg South American Crossing Holdings Ltd. 02-40199-reg ALC Communications Corporation 02-40200-reg Atlantic Crossing Holdings U.K. Limited 02-40201-reg Budget Call Long Distance, Inc. 02-40202-reg Business Telemanagement, Inc. 02-40203-reg Equal Access Networks, LLC 02-40204-reg GC Dev Co., Inc. 02-40205-reg GC Mart LLC 02-40206-reg GC Pacific Landing Corp. 02-40207-reg GC Pan European Crossing Holdings B.V. 02-40208-reg GC Pan European Crossing Luxembourg I S.a.r.l. 02-40209-reg GC Pan European Crossing Luxembourg II S.a.r.l. 02-40210-reg GC St. Croix Company, Inc. 02-40211-reg Global Crossing Advanced Card Services, Inc. 02-40212-reg Global Crossing Bandwith, Inc. 02-40213-reg Global Crossing Billing, Inc. 02-40214-reg Global Crossing Cyprus Holdings Limited 02-40215-reg Global Crossing Development Center 02-40216-reg Global Crossing Employee Services, Inc. 02-40217-reg Global Crossing Global Center Holdings, Dnc. 02-40218-reg Global Crossing Government Markets USA, Inc. 02-40219-reg Global Crossing Holdings U.K. Limited 02-40220-reg Global Crossing Holdings USA LLC 02-40221-reg Global Crossing Internet Dial-Up, Inc. 02-40222-reg Global Crossing Latin America & Caribbean Co. 02-40223-reg Global Crossing Local Services, Inc. 02-40224-reg Global Crossing Management Services, Inc. 02-40225-reg Global Crossing North American Holdings, Inc. 02-40226-reg Global Crossing North American Networks, Inc. 02-40227-reg Global Crossing Telemanagement VA, LLC 02-40229-reg Global Crossing Telemanagement, Inc. 02-40230-reg Global Crossing USA Inc. 02-40231-reg Global Crossing Ventures, Inc. 02-40232-reg GT Landing Corp 02-40233-reg GT Landing II Corp. 02-40234-reg IXNet, Inc. 02-40235-reg MAC Landing Corp. 02-40236-reg Metaclorin Investco, II Inc. 02-40237-reg PAC Landing Corp. 02-40238-reg Pan American Crossing U.K. Ltd. 02-40239-reg Subsidiary Telco, LLC 02-40240-reg US Crossing, Inc. 02-40241-reg Bankruptcy Case Nos.: 02-40188-reg through 02-40241, inclusive, to be Jointly Administered under Bankruptcy Case No. 02-40188 Petition Date: January 28, 2002 Bankruptcy Court: United States Bankruptcy Court Southern District of New York Alexander Hamilton Custom House One Bowling Green, 5th Floor New York, New York 10004-1408 Telephone (212) 668-2870 Bankruptcy Judge: The Honorable Robert E. Gerber Debtors' Counsel: Harvey R. Miller, Esq. Michael F. Walsh, Esq. Paul M. Basta, Esq. Weil, Gotshal & Manges LLP 767 Fifth Avenue New York, New York 10153 (212) 310-8000 U.S. Trustee: Carolyn S. Schwartz Office of United States Trustee 33 Whitehall Street, 21st Floor New York, NY 10004 Telephone (212) 510-0500 --------------- 2. LIST OF THE DEBTORS' 50-LARGEST UNSECURED CREDITORS --------------- Entity Nature Of Claim Claim Amount ------ --------------- ------------ U.S. Trust Company, Bond Debt $1,100,000,000 Trustee 9.5% Senior Notes due 2009 Cynthia Chaney 114 West 47th St New York, NY 10036 Tel. 212-852-1661 Fax. 212-852-1626 U.S. Trust Company Bond Debt $1,000,000,000 8.7% Senior Notes due 2007 Cynthia Chaney 114 West 47th St New York, NY 10036 Tel. 212-852-1661 Fax: 212-852-1626 U.S. Trust Company, Bond Debt $900,000,000 Trustee 9.125% Senior Notes due 2006 Cynthia Chaney 114 West 47th St New York, NY 10036 Tel. 212-852-1661 Fax. 212-852-1626 U.S. Trust Company, Bond Debt $800,000,000 Trustee 9.625% Senior Notes due 2008 Cynthia Chaney 114 West 47th St New York, NY 10036 Tel. 212-852-1661 Fax. 212-852-1626 JP MorganChase Bond Debt $100,000,000 Bank, Trustee 9% Medium Term Notes due 2021 Ken Fowlerd Corporate Trust Services 2001 Bryan St, 9th Floor Dallas, TX 75201 Tel. 214-468-6105 Fax. 214-468-6094 Lucent Technologies Trade Debt $31,357,050 Patricia Russo Henry Schact Frank D'Amelio Janet Davidson 600 Mountain Avenue Murray Hill, NJ 07974 Tel. 908-528-8500 Fax. 908-508-2576 ----------------------------------------------------------------- 3. LIST OF DEBTORS' 5 LARGEST SECURED CLAIMS ----------------------------------------------------------------- Entity Type of Collateral Claim Amount ------ ------------------ ------------ JPMorgan Chase Secured by pledge of $2,250,000,000 Bank, as Agent Capital Stock of Barbara Daniels certain subsidiaries Edmond Deforest of Global Crossing 270 Park Avenue, Holdings Ltd. 36th Floor guaranteed by Global New York, NY 10017 Crossing Ltd. and Citibank, as Agent certain of its Mark Wilson subsidiaries One Sansome Street, 25th Floor San Francisco, CA 94104 JP MorganChase Secured ratably with $300,000,000 Bank, Trustee Senior Secured Debt Ken Fowlerd with respect to the Corporate Trust pledge of capital Services stock of certain 2001 Bryan Street, subsidiaries of Global 9th Floor Crossing North Dallas, TX 75201 America, Inc. 214-468-6105 JP MorganChase Secured ratably with $200,000,000 Bank, Trustee Senior Secured Debt Ken Fowlerd with respect to the Corporate Trust pledge of capital Services, 9th Floor, stock of certain 2001 Bryan Street, subsidiaries of Global Dallas, TX 75201 Crossing North 214-468-6105 America, Inc. MSGW New Jersey LLC Equipment $35,827,000 Gale and Wentworth LLC 200 Campus Drive Florham Park, NJ 07932 De Lage Landen Equipment $11,804,022 Financial Services Paul Zehner 111 Old Eagle School Road, Wayne, PA 19087 ----------------------------------------------------------------- 4. GLOBAL CROSSING'S BALANCE SHEET AS OF SEPTEMBER 30, 2001 ----------------------------------------------------------------- Global Crossing Ltd., et al Consolidated Balance Sheet As of September 30, 2001 ASSETS Cash and cash equivalents $ 1,737,000,000 Restricted cash and cash equivalents 31,000,000 Accounts receivable, net 489,000,000 Receivables from affiliates 43,000,000 Other assets and prepaid costs 421,000,000 ------------------ Total current assets 2,720,000,000 ------------------ Restricted cash and cash equivalents 138,000,000 Property and equipment, net 9,445,000,000 Goodwill and intangibles, net 8,198,000,000 Loans receivable from affiliates 12,000,000 Investment in 969,000,000 Other assets 341,000,000 Net assets of discontinued operations 753,000,000 ------------------ TOTAL ASSETS $ 22,438,000,000 ================== LIABILITIES & SHAREHOLDER EQUITY Short-term borrowings - Accounts payable 92,000,000 Accrued construction costs 573,000,000 Other current liabilities 1,823,000,000 ------------------ Total current liabilities $2,536,000,000 ------------------ Long-term debt 6,597,000,000 Deferred revenue 2,041,000,000 Loans Payable to affiliates - Other deferred liabilities 1,220,000,000 ------------------ TOTAL LIABILITIES 12,394,000,000 ================== Minority Interest - Mandatorily Redeemable and Cumulative Convertible Preferred Stock 3,160,000,000 Shareholders' Equity 6,884,000,000 ------------------ TOTAL LIABILITIES & SHAREHOLDERS' EQUITY $ 22,438,000,000 ==================