society environment

There can be no assurance,
however, that any such transaction will be successfully negotiated or
consummated. We
offer integrated data, voice, data center and Internet solutions, with
an emphasis on broadband transmission, including IP/ATM switching,
DWDM, and non -zero dispersion fiber optics. We have also deployed fifteen
facilities to provide hosting services . Copies of these filings may be obtained by accessing Impsat's
website (www.sec. This growth trend is expected to continue into the next
decade as well.

peru generations

S. A
member of USTOA, EEI is a leader in providing representation services
for a variety of private labels, including Virgin Vacations,
FlySouthVacations .

rights america

Ricardo Verdaguer (Chairman and Chief Executive Officer) and Mr.
The Special Committee has retained Lehman Brothers Inc.000 national and multinational companies,
financial institutions, governmental agencies, carriers, ISPs and
other service providers throughout the region.

liberties organizations

rights culture

We own and
operate 15 metropolitan area networks in some of the largest cities in
Latin America, including Buenos Aires , Bogota, Caracas, Quito,
Guayaquil, Rio de Janeiro and Sao Paulo.com

Statements made in this press release that state Impsat's
intentions, beliefs, expectations, or predictions for the future are
forward-looking statements.

colombia organizations

The formation of the Special Committee follows the November 23 ,
2004 filing by the Company with the U.S. is a leading provider of private
telecommunications network and Internet services in Latin America. Information concerning factors that could
cause actual results to differ materially from those in the
forward-looking statements is contained in the company 's filings with
the SEC.

Business Editors/Airline Writers/Travel Editors

MIAMI----LAN Airlines' tour product
is once again spreading its wings as it evolves into the next stage of
its growth as LANVACATIONS."
Founded in 1990, EEI is one of the most respected international
leisure wholesale tour operators in the United States.com and Air France Holidays, among others.

environment organizations

lanvacations .

micronations age

We have operations in
Argentina, Colombia, Brazil, Venezuela, Ecuador, Chile, Peru and the
United States and also provide our services in other countries in
Latin America. "With our combined experience , we
are confident that this partnership will prove highly successful for
LANVACATIONS.

youth liberties

as its
exclusive financial advisor. We provide
telecommunications, data center and Internet services through our
networks, which consist of owned fiber optic and wireless links,
teleports, earth stations and leased satellite links. From culture and adventure, to culinary splendors and
untouched territories, there are opportunities for all ages and
interests.
The LAN service alliance participating airlines, LAN Airlines
(NYSE:LFL), LAN PERU and LAN ECUADOR, offer a vast route network
reaching a large number of destinations throughout the world,
including the Americas, Europe, Asia and the South Pacific.

endangered south

From unique tour packages to group itineraries
and independent travel programs, LANVACATIONS offers complete travel
experiences to Chile, Peru, Argentina, Ecuador, Brazil and Bolivia
that cater to a full range of ages, interests and budgets.

people issues

Business Editors

BUENOS AIRES, Argentina ----Impsat
Fiber Networks, Inc.

About Impsat:

Impsat Fiber Networks, Inc.impsat.

environment peru

Impsat Fiber Networks Inc. Announces the Formation of a Special Committee of the Company's Board Of Directors

Impsat currently provides
services to nearly 3.
"LANVACATIONS not only helps travelers fulfill their dreams by
transporting them to exciting destinations, but we do it safely and we
do it best .
"We have seen significant interest over the past year to South
America as a re-emerging destination , and welcome this opportunity to
partner with LAN Airlines in offering LANVACATIONS," stated Paul
Barry, CEO of Europe Express, Inc.

peru environment

The Special Committee will explore recapitalization alternatives
for the Company. Visit LANVACATION's website at
http://www.

youth culture

In fact, the number of travelers from the U. Our goal with this partnership is to make unique
vacation options for South America easily available through
competitive pricing and great customer service. Passengers
traveling with any of the LAN service alliance participating airlines
may accumulate frequent flier kilometers in LANPASS .
For additional information on exploring South America, contact
LANVACATIONS toll-free at 800 -435-3593.

groups colombia

Incorporated ("Morgan Stanley") or WRH Partners Global Securities L.
and its affiliates ("WR Huff"), two of the Company's principal
securityholders.

argentina rights

These alternatives may take the form of a repurchase,
refinancing or rescheduling of payment terms of indebtedness of the
Company and /or its operating subsidiaries, a potential capital
infusion, or other types of transactions.gov

The
alliance offers non-stop and direct flights from North America to
Argentina, Chile , Colombia, Dominican Republic, Ecuador, Peru and
Venezuela with service from 28 North American cities , including daily
flights from its Miami, New York and Los Angeles gateways.com

argentina culture

Visit us at www.

endangered rights

LANVACATIONS Spreads Its Wings Continues to Grow; LAN Airlines Appoints Europe Express to Represent LANVACATIONS

S. According to the World Tourism Organization, travel to
South America experienced double-digit growth in 2004, and growth
prospects continue on the positive side with South America sited among
the most optimistic.

groups streetkids

Securities and Exchange
Commission ("SEC") reporting that the Company had been informed that
pursuant to a bidding procedure, Morgan Stanley and WR Huff (via
participation) had acquired from Nortel Networks Limited ("Nortel")
all of the debt securities originally issued to Nortel by the Company
or its operating subsidiaries as part of the Company's Chapter 11 plan
of reorganization which was consummated in the first quarter of 2003. Bureau of Transportation Statistics, there
has been a notable growth in tourism to South America over the past
decade.

Perceived as a safe travel alternative to other parts of
the world, South America offers an endless array of vacation options
for travelers.
"We're looking forward to working with EEI as we continue to
expand our presence throughout South America," said Pablo Montesinos,
LAN Airlines' Vice President North/Central America and Asia.

micronations south

Ignacio Troncoso, acting in their capacity as disinterested directors . to South
America experienced one of the highest percentage growth rates
worldwide. The rapidly
growing company has over 100 employees in offices around the world.

colombia groups

According to the U.

chile peru

(the "Company"), a leading provider of integrated
broadband data, Internet and voice telecommunications services in
Latin America, announced the formation of a Special Committee of the
Company's Board of Directors (the "Special Committee") constituted by
Mr. (EEI) to
represent the new LANVACATIONS as it continues to surpass travelers'
expectations by providing complete travel experiences to a variety of
unique destinations and yet untouched regions throughout the southern
hemisphere.
The new LANVACATIONS is targeting this growing tourism market as
it continues to offer the tailor-made vacation experiences for which
the company is known, and is also introducing a variety of additional
products and services.

micronations peru

P. Additionally,
passengers traveling with LAN Airlines or LAN PERU may also accumulate
frequent flier miles in American Airlines' AAdvantage or any of the
oneworld(TM ) member frequent flyer programs.

ecuador culture

The remaining board members are affiliated with Morgan Stanley + Co. It is important to note that the company's
actual results could differ materially from those projected in such
forward-looking statements. In order to facilitate this growth
process, LAN Airlines has appointed Europe Express, Inc." Montesinos goes on to say that LAN's expertise and
extensive route network throughout South America, combined with EEI's
industry knowledge and technological capabilities, are an ideal
combination to successfully propel LANVACATIONS' continued growth
throughout the region.