NYSE Suspends Trading of Tricom ADSs

NYSE Suspends Trading of Tricom ADSs 


SANTO DOMINGO, Dominican Republic, May 11  /PRNewswire-FirstCall/ -- Tricom,
S.A. announced today that the New York Stock Exchange, Inc. (NYSE) has
determined to suspend trading and pursue delisting of the Company's American
Depositary Shares (ADSs), ticker symbol TDR. The NYSE reached its decision
following the Company's financial restructuring update announcement on May 6,
2004.

The Company believes that its ADSs may be quoted on the OTC (over-the- counter)
Bulletin Board ("OTCBB") within the next several days. The OTCBB is a regulated
quotation service that displays real-time quotes, last-sale prices and volume
information in OTC equity securities. More information about OTCBB can be found
at http://www.otcbb.com/. The Company intends to issue a press release when
such trading commences.

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. 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,
including devaluation of the Dominican peso, the effect of the Company's
default on its indebtedness, the inability to reach an agreement with our
creditors on a restructuring plan, 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. 

DATASOURCE: Tricom, S.A.



CONTACT:  Miguel Guerrero, Investor Relations of Tricom, S.A.,

[phone], [phone], or 



Web site:  http://www.tricom.net/ 

Copyright