Versatel Invests in E-commerce Web Business -//hot-orange.com.

Business Editors/High-Tech Writers

AMSTERDAM, The Netherlands--(BUSINESS WIRE)--Feb. 18, 2000

VersaTel Telecom International N.V.,(NASDAQ:VRSA)(AEX:VRSA) a rapidly growing, facilities-based, competitive provider of voice, data and Internet broadband services in the Benelux and

//hot-orange.com will use the proceeds to rapidly build its leading e-commerce position in The Netherlands and for its expansion to the rest of Europe. Zon, one of the leading Internet service providers in The Netherlands and 90 percent owned by VersaTel, will benefit from added content and e-commerce opportunities on its portal site (www.zonnet.nl) by partnering and developing unique content with //hot-orange.com.

//hot-orange.com provides a unique online shopping experience by offering a broad selection of high-end and lifestyle products. In order to differentiate itself from other e-commerce sites, //hot-orange.com employs creative marketing and promotion programs and is the first Dutch web site to offer free home delivery. In addition, a new online feature, DuoShopping(TM), will be offered shortly and will allow two unique users from different terminals to view products and shop online together by viewing the same screen simultaneously. //hot-orange.com launched its online shop on December 14, 1999 and has already conducted thousands of online sales, while establishing itself as one of the most popular Dutch web sites in terms of page views and visitors. Through this transaction, //hot-orange will gain access to Zon's 350,000 subscribers as both companies will jointly promote each other's services.

&uot;This investment in //hot-orange.com is very exciting for VersaTel because it is one of the fastest growing e-commerce companies in the Netherlands is approaching business on the Internet with a similar approach as us: superior customer focus, speed of execution and strong, strategic partnerships,&uot; stated Gary Mesch, CEO of VersaTel. &uot;The rapid development of content and e-commerce applications, coupled with our existing Internet activities will position us for success in the 'new economy.' To-that-end, we will continue to build our existing Internet business through internal growth and strategic investments.&uot;

Gert Post, Managing Director of Zon Nederland N.V., commented: &uot;VersaTel's investment in //hot-orange.com represents a strategic content partnership for Zon's portal site. We believe that Zon has the potential to become the leading Dutch portal site and unique content and e-commerce applications are important to achieving this goal.&uot;

&uot;We are delighted with the VersaTel investment. Through these proceeds, we can make the investments necessary to execute our vision: building //hot-orange.com into a leading international on-line department store. It enables us to grow faster, especially with regard to our international roll-out, which will also be accelerated by leveraging VersaTel's infrastructure and services and Zon's brand name and distribution power,&uot; said Roel de Hoop, CEO of //hot-orange.com.

VersaTel Telecom International N.V. is a rapidly growing, facilities-based, competitive local access broadband network operator primarily focused on the Benelux, which consists of The Netherlands, Belgium and Luxembourg, and on the Northwest Rhine region of Germany and is based in Amsterdam. Founded in October 1995, the Company holds full telecommunications licenses in Netherlands, Belgium and Germany and has over 24,000 business customers and 900 employees. VersaTel is currently building a broadband network that will use the latest network technologies to provide business customers in the Benelux and in the Northwest Rhine region of Germany with high bandwidth voice, data and Internet services. VersaTel is a publicly traded company on the Amsterdam Stock Exchanges and Nasdaq National Market under the symbol &uot;VRSA&uot;. News and information are available at http://www.versatel.com.

//hot-orange.com

//hot-orange.com, the online department store, is an initiative of Internet Ventures Group B.V. and handles a wide assortment of quality products such as books, fragrances, CD's, wine, toys, computer products, flowers, designer products and art. With //hot-orange.com, Internet Ventures Group serves the Business-to-Consumer market. On top of this, Internet Ventures Group aims at the Business-to-Business market with an e-commerce enabling program: from procurement and providing the e-commerce application to billing and fulfillment. //hot-orange.com is co-financed by GorillaPark, the pan-European Business Accelerator and Idea Generator and NeSBIC CTe Fund.

(Certain statements in this Press Release are &uot;forward-looking statements&uot; within the meaning of The Private Securities Litigation Act of 1995. Such statements are based on the current expectations of the management of VersaTel Telecom International NV only, and are subject to a number of risk factors and uncertainties, including but not limited to changes in technology and market requirements, decline in demand for the company's products or services, inability to timely develop and introduce new technologies, products and services, loss of market share, pressure on pricing resulting from competition, inability to maintain certain marketing and distribution arrangements, and construction delays, which could cause the actual results or performance of the company to differ materially from those described therein. For a more detailed description of the risk factors and uncertainties affecting the company, refer to the Company's reports to be filed from time to time with the Securities and Exchange Commission.)

Note for the editors: The VersaTel logo is a registered trademark of VersaTel Telecom International N.V. in the Netherlands, Belgium and Luxembourg.