August 05, 2004

Universal Access Files for Bankruptcy Court Protection

"CHICAGO, Aug. 4 /PRNewswire-FirstCall/ -- Universal Access Global Holdings Inc. (the 'Company') announced today that the Company and its U.S. subsidiaries filed voluntary petitions for reorganization under Chapter 11 of the U.S. Bankruptcy Code in the United States Bankruptcy Court for the Northern District of Illinois. The filings will enable the Company and its U.S. subsidiaries to continue to conduct business without interruption while it implements its reorganization plan.
The Company's non-U.S. subsidiaries are not included in the filing and will also continue to operate normally."
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