Press Release

AboveNet Appoints John Donaldson as Finance Director

Joining from Verizon, John Donaldson Will Lead AboveNet’s Finance Team in the UK

LONDON, 15th August, 2007 – AboveNet Communications UK Ltd., a leading provider of fibre optical connectivity solutions for business and carriers and a subsidiary of AboveNet Inc., today announced the appointment of John Donaldson as its finance director. With over 11 years of experience within the telecommunications industry, John joins AboveNet to develop its commercial strategy and will be responsible for all UK finance related functions.

Prior to joining AboveNet, John held the position of commercial finance director at Verizon Business for 7 years. In this position, John’s key responsibilities included heading up the Premier Accounts line of business in EMEA and providing migration support for Verizon’s acquisition of MCI in 2006. With additional career achievements including forming the Global/Premier Accounts channel with MCI/Worldcom in EMEA (a sales channel selling to and supporting Fortune 500 and other large Verizon customers), John’s expertise and knowledge in commercial and financial management are undisputed.

John has also held senior financial positions at Nortel Networks and Cellphones Direct, a Vodafone ISP.

With this new appointment, John will maintain responsibility for AboveNet’s financial strategy, control, reporting activities and planning. He will also provide financial leadership to enhance AboveNet’s operational effectiveness and assist in winning business opportunities.

“I am very excited to be fulfilling the role of finance director within AboveNet and to direct the financial strategy of the company” commented John Donaldson on his appointment. “I am well versed on the industry-leading services AboveNet offers and look forward to being a part of this dynamic company as it continues to develop and grow.”

“I am extremely pleased to have secured John Donaldson as our finance director. With his commercial acumen and proven skills in financial control and analysis, John’s appointment is a vital component in preparing AboveNet for future growth” said John Dowbiggin, managing director of AboveNet Communications UK Ltd.

John is a member of the Institute of Chartered Accountants in England and Wales having qualified with Price Waterhouse Coopers. John graduated from the University of Newcastle upon Tyne with an Honours degree in Biology.

About AboveNet, Inc.
AboveNet, Inc. provides fiber optical connectivity solutions for business and carriers. Its private optical network delivers key network and IP services in and among 14 top U.S. metro markets and London. AboveNet's network is widely used in demanding markets such as financial services, media, health care, retail and government.

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This news release contains forward-looking statements that involve risks and uncertainties. Factors that could cause or contribute to such risks and uncertainties include, but are not limited to, general economic and business conditions, competition, changes in technology and methods of marketing, and various other factors beyond the Company’s control. This also includes such factors as are described from time to time in the SEC reports filed by AboveNet, Inc. including the most recently filed Forms S-3 and 8-K.