Terremark Worldwide to Participate in the Kaufman Bros. 4th Annual Emerging Communications Conference.

Business Editors/Technology Writers

MIAMI--(BUSINESS WIRE)--Oct. 11, 2001

Terremark Worldwide will participate in the Kaufman Bros. 4th Annual Emerging Communications Conference on October 16, 2001 at the W Hotel in New York City. There will be a formal presentation on Terremark Worldwide by Manuel D. Medina, Chairman and CEO; Jose Segrera, Chief Financial Officer, will also be in attendance.

Interested investors can access a live audio webcast of the presentation and slide materials, scheduled for 3:15 pm, at http://www.twst.com/econf/mm/kbro/tww.html. A replay of the presentation will be available by the end of the day and will be archived for 60 days.

For more information on Terremark, please visit our website at http://www.terremark.com. For more information on the Kaufman Bros. Conference, please visit http://www.kbro.com/conferences/.

About Terremark Worldwide, Inc./NAP of the Americas

Terremark Worldwide Inc. (AMEX:TWW) is a global leader in facilitating Internet connectivity and providing Internet infrastructure and managed services. Terremark is the owner and operator of the NAP of the Americas, the 5th Tier-1 Network Access Point in the world and the model for TerreNAP(sm) Data Centers the company intends to deploy in emerging markets. The carrier-neutral NAP of the Americas is a state-of-the-art facility providing interconnection between global carriers, ISPs and others as well as connecting fiber networks in Latin America, Europe and Africa to those in the U.S. Terremark is headquartered at 2601 S. Bayshore Drive, 9th Floor, Miami, Florida USA, (305) 856-3200.

Statements contained in this press release may constitute "forward-looking statements" within the meaning of the Private Securities Litigation Reform Act of 1995. Terremark's actual results may differ materially from those set forth in the forward-looking statements due to a number of risks, uncertainties and other factors, as discussed in Terremark's filings with the SEC. These factors include, without limitation, Terremark's ability to obtain funding for its business plans, uncertainty in the demand for Terremark's services or products and Terremark's ability to manage its growth. Terremark does not assume any obligation to update these forward-looking statements.