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Infonet applying to terminate registration of KPN Class B shares

Business Wire via ITWeb,
El Segundo, California, 20 Feb 2002

Infonet Services Corporation today announced that, pursuant to a request by KPN Telecom BV, it is applying to terminate the registration statement filed on 27 September 2001 for the sale of Infonet Class B share by KPN.

The registration statement allowed KPN to sell its 54 386 078 Class B shares in the open market, but KPN did not sell any of those Class B shares.

Keyword: California Germany Europe International
Industry Keyword: Telecommunications E-Commerce Internet

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Infonet

Infonet Services Corporation is a leading provider of value-added global communications services to over 2 600 multinational clients. Infonet provides innovative network-based solutions customised to best support the business needs of our clients.

Employing a unique consultative approach, Infonet offers integrated solutions that leverage our expertise in optimising the complex relationship between enterprise applications and the global network. Our extensive project management capabilities are the foundation for the services that comprise our solution offerings (broadband, Internet, intranet, multimedia, remote and local access, provisioning, application and consulting services) positioning Infonet as the ideal single-source partner for multinationals.

Recently rated "Best in Class" overall in Telemark`s latest survey of Global Managed Data Network Services, Infonet has also won "Best Customer Care" and "Best Carrier" at the World Communication Awards. Infonet owns and operates The World Network, accessible from more than 180 countries, and provides local service support in nearly 70 countries and territories.

Founded in 1970, Infonet`s stock is traded on the New York and Frankfurt Stock Exchanges under the symbol IN. Additional information about the company is available at www.infonet.com.

Infonet Services+1-310 335 2606morgan_molthrop@infonet.com