X0201 4 2004-01-12 1 0001102752 FLAG TELECOM GROUP LTD FTGLF.PK 0001207821 AQUILINA ROBERT M 39 LITTLE WOLF ROAD SUMMIT NJ 07901 1 0 0 0 Employee Stock Option (right to buy) 14 2004-01-12 4 D 0 5600 D 2013-03-19 Common Shares 5600 0 D At the time of grant, the option would vest in three equal annual installments beginning on March 19, 2004. The option was cancelled by mutual agreement of the Reporting Person and the Issuer. The Reporting Person received $467,096 as consideration for the cancellation. Kees van Ophem, as Attorney-in-Fact for Mr. Robert M. Aquilina 2004-01-13