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Tricom Appoints Chief Restructuring Officer to Executive Management Team SANTO DOMINGO, Dominican Republic, Dec. 17 /PRNewswire-FirstCall/ -- Tricom, S.A. today announced that it has appointed Kevin Lavin as Chief Restructuring Officer. Mr. Lavin is a senior managing director at FTI Consulting, a leading consulting firm specializing in corporate turnarounds and restructuring. FTI has been retained by Tricom's board of directors to aid in the Company's ongoing operational and financial restructuring. In his capacity as Chief Restructuring Officer, Mr. Lavin will report directly to the Company's board of directors. "Kevin Lavin brings to Tricom a strong financial background and a proven record of leadership in organizations undergoing significant challenge and change," said Carl Carlson, chief executive officer. "The appointment of Kevin is a positive step forward for the Company. Kevin will focus exclusively on the restructuring process, which will allow our management team to spend its time on the day-to-day operations of the company," added Carlson. Mr. Lavin has over twenty years of relevant business experience, including over fourteen years of experience in advising companies as well as their creditor constituencies in both financial and operational restructurings. His work experience encompasses a broad range of industries, and he has spent the last few years working almost exclusively in companies in the telecommunications and media industry. Mr. Lavin has led many large and high profile national and international assignments, including Global Crossing Ltd, ICO Global Communications and New World Networks (ARCOS-I). Prior to joining FTI, Mr. Lavin was a partner in the restructuring group of PricewaterhouseCoopers and prior to that worked at the restructuring boutique Zolfo Cooper & Co. (now Kroll Zolfo Cooper). Mr. Lavin holds a B.S. from Manhattan College and is on the Board of Directors of the New York Turnaround Management Association. He is a Certified Public Accountant (CPA) and a Certified Insolvency and Reorganization Advisor (CIRA). About FTI Consulting FTI Consulting is a multi-disciplined consulting firm with leading practices in the areas of turnaround, bankruptcy and litigation-related consulting services. Modern corporations, as well as those who advise and invest in them, face growing challenges on every front. From a proliferation of "bet-the-company" litigation to increasingly complicated relationships with lenders and investors in an ever-changing global economy, U.S. companies turning more and more to outside experts and consultants to meet these complex issues. FTI is dedicated to helping corporations, their advisors, lawyers, lenders and investors meet these challenges by providing a broad array of the highest quality professional practices from a single source. About TRICOM Tricom, S.A. is a full service communications services provider in the Dominican Republic. We offer local, long distance, mobile, cable television and broadband data transmission and Internet services. Through Tricom USA, we are one of the few Latin American-based long distance carriers that is licensed by the U.S. Federal Communications Commission to own and operate switching facilities in the United States. Through our subsidiary, TCN Dominicana, S.A., we are the largest cable television operator in the Dominican Republic based on our number of subscribers and homes passed. We also offer digital mobile integrated services including two-way radio and paging services in Panama using iDEN(R) technology. For more information about Tricom, please visit http://www.tricom.net/ Cautionary Language Concerning Forward-Looking Statements Statements in this press release that are not strictly historical in nature are forward-looking statements. These statements are only predictions based on current information and expectations and involve a number of risks and uncertainties. Actual events or results may differ materially due to various factors. Factors which may cause actual results to differ materially from those discussed herein include economic considerations that could affect demand for telecommunications services and the ability of the Company to make collections, inflation, regulatory factors, legal proceedings, exchange controls and occurrences in currency markets, competition, and the risk factors set forth in the Company's various filings with the Securities and Exchange Commission, including its more recently filed Annual Report on Form 20-F. The Company undertakes no obligation to revise these forward-looking statements to reflect events or circumstances after the date hereof. For Further Information Contact: Miguel Guerrero, Investor Relations Ph (809) 476-4044 / 4012 E-mail: For additional information, please visit Tricom's Investor Relations website at http://www.tdr-investor.com/ or contact our Investor Relations department at the above numbers. DATASOURCE: Tricom, S.A. CONTACT: Miguel Guerrero, Investor Relations, Tricom, S.A., +1-809-476-4044, ext. 4012, or Web site: http://www.tricom.net/

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