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Nasdaq Changes Status of Trading Halt in ICO Global Communications Holdings Limited and Requests Additional Information from Company

Date 28/08/1999

The Nasdaq Stock Market® announced today (August 27) that the trading halt status in ICO Global Communications Holdings Limited (NASDAQ:ICOGF) was changed to "additional information requested" from the company. Trading in Global Communications had been halted on August 27 at 12:14 p.m., Eastern Time, for news pending at a last sale price of 3 5/8. Trading will remain halted until the company has fully satisfied the Nasdaq® request for additional information. For news and additional information about the company, please contact the company directly, or check under the company's symbol using InfoQuotesSM on the Nasdaq-Amex Web Site. For more information about The Nasdaq-Amex Market GroupSM, visit the Nasdaq-Amex Web Site at http://www.nasdaq-amex.com or the Nasdaq-Amex NewsroomSM at http://www.nasdaq-amexnews.com.