SOURCE: Trans-World Telecom Caribbean Limited

November 10, 2006 11:53 ET

Statement From Barry G. Hon, President, Trans-World Telecom Caribbean Ltd.

GEORGETOWN, GUYANA -- (MARKET WIRE) -- November 10, 2006 -- Cel*Star Guyana, Inc., U Mobile Inc., and our former parent company Trans-World Telecom Caribbean Limited ("TWT"), have today (Friday, November 10th) conveyed our sincere apology to Mr. Denis O'Brien, Chairman and Founder of Digicel Ltd., and to the senior management and staff of Digicel Ltd. for the accusations of corporate sabotage filed against Digicel Ltd. by TWT in the Guyana High Court and communicated internationally through a media release on March 23rd, 2005.

We accept that these accusations were subsequently demonstrated to be completely untrue, and regret any damage to the reputation of one of the region's most admired companies.

We recognize that Digicel has been a welcomed entrant in many Caribbean markets, quickly winning impressive market share through offering superior services and building an outstanding reputation of strong corporate citizenship.

TWT has assured Digicel that the civil suit and injunction for damages filed against Digicel Ltd., its subsidiary Mossel (Jamaica) Ltd and employee Ken Mason in March 2005 and in relation to which the injunction granted on the Plaintiffs' application was removed entirely by the Guyana Full Court in April 2005, will no longer be pursued and we will immediately withdraw the substantive case.

This formal apology is being transmitted with immediate effect to the international news wires giving it the same prominence that was given to the original accusations.

We wish Digicel continued success as the company continues to grow.

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