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MaryBeth Nance
Executive Director of Business Development & Marketing
mnance@above.net
571-262.2865

Press Release

Metro Ethernet Summer Promo Sizzles At AboveNet

NEW YORK, June 3, 2008 /PRNewswire -- AboveNet Communications, Inc., a leading provider of fiber optic connectivity solutions, announced today that it is offering up to three contract months free with its Metro Ethernet, Metro IP or WDM solutions.

This promotion allows customers to meet their high bandwidth needs by choosing from a complete suite of complementary products and services. Customers can have low latency, high-bandwidth connectivity solutions installed cost-effectively, often requiring little or no rack space, power and equipment. This suite of point-to-point Ethernet offerings can be implemented at 100MB, full 1 Gigabit and 10 Gigabit speeds, to meet on-network and off-network requirements. This offer is available in 12 U.S. metro markets, but does not include New York or New Jersey.

The promotion builds on the demand growth for metro high bandwidth offered by Ethernet transport. It offers enterprises a low-risk way to gain the benefits of fiber optic connectivity solutions, while working with a premier alternate provider.

Now, more customers can take advantage of a scalable, fiber-based network infrastructure that is focused on the needs of high bandwidth users, without the traditional CO-based architecture which can degrade latency performance. The ability to offer cost-effective 1Gb and 10GbE metro connections is a significant benefit of a fiber-powered approach. Customers can leverage these features across AboveNet’s significant, major-metro fiber footprint.

“It is clear that high bandwidth Ethernet solutions are in great demand. AboveNet has developed a broad array of Ethernet solutions that offer the price point, simplicity and reliability that customers are demanding. This summer promotion offers a great opportunity for customers to accelerate their migration to AboveNet's next generation Ethernet solutions,” said Bill LaPerch, AboveNet President and CEO.

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 Form 8-K.