LIME

The Board of the company voted to appoint Carl Grivner the new Chairman of teh company. He succeeds the Hon. Meyer Matalon, O.J. whose retirement from the Board became effective on July 17, 1998. Mr. Grivner is Cable & Wireless Chief Executive, Western Hemisphere.

Based in Virginia, he is responsible for Cable & Wireless operations in North America, the Caribbean region and Panama.