Leap Appoints Walter Z. Berger as Executive Vice President and Chief Financial Officer

Leap Wireless International, Inc. (NASDAQ:LEAP), a leading provider of innovative and value-driven wireless communications services, today announced the appointment of Walter Z. Berger as executive vice president and chief financial officer, effective June 23, 2008. In his role, Mr. Berger will have responsibility for all financial activities of the company including accounting, treasury, financial planning and reporting, investor relations, and internal audit. Berger has more than 30 years of finance and accounting experience, including extensive operational experience as a chief financial officer with several large, publicly held companies. Berger comes to Leap from CBS Corporation in New York, where he had served in senior management roles, including executive vice president and chief financial officer of CBS Radio, a division with revenues of $1.7 billion, where he was responsible for all aspects of finance, accounting, technology and internal controls, in addition to oversight of CBS Radio’s new media and integrated marketing businesses. "Walter is a seasoned executive who will strengthen Leap’s executive team and who brings a solid background of corporate finance and operational experience to support our financial strategy and growth initiatives,” said Doug Hutcheson, Leap’s president and chief executive officer. "We are pleased to welcome Walter to the Leap team and believe that his three decades of experience and leadership, coupled with his outstanding reputation in the Wall Street community, and his proven track record of growing businesses while managing complex capital structures and strategic transactions, will benefit Leap and its shareholders as we continue on our path to once again double the size of our business over the next three years.” Prior to joining CBS Radio in 2006, Berger served as executive vice president and chief financial officer and a director of Emmis Communications, recently named one of FORTUNE Magazine’s 100 Best Places to Work, from 1999 to 2005. From 1996 to 1997, he served as executive vice president and chief financial officer of LG&E Energy Corporation and in 1997 was promoted to group president of the Energy Marketing Division, where he served until 1999. From 1985 to 1996, Berger held a number of financial and operating management roles in the manufacturing, service and energy fields. Berger began his career in audit at Arthur Andersen in 1977. Berger graduated cum laude from the University of Massachusetts, Amherst with a B.A. in business administration. He has served on the boards of directors of Westwood One, TargetSpot and iBiquity Digital as well as on numerous civic boards and committees. About Leap Leap provides innovative, high-value wireless services to a fast-growing, young and ethnically diverse customer base. With the value of unlimited wireless services as the foundation of its business, Leap pioneered its Cricket® service. The Company and its joint ventures operate in 29 states and hold licenses in 35 of the top 50 U.S. markets. Through its affordable, flat-rate service plans, Cricket offers customers a choice of unlimited voice, text, data and mobile Web services. Headquartered in San Diego, Calif., Leap is traded on the Nasdaq Global Select Market under the ticker symbol "LEAP.” For more information, please visit www.leapwireless.com. Forward-Looking Statements This press release contains "forward-looking statements” within the meaning of the Private Securities Litigation Reform Act of 1995. Such statements reflect management’s current expectations based on currently available operating, financial and competitive information, but are subject to risks, uncertainties and assumptions that could cause actual results to differ materially from those anticipated in or implied by the forward-looking statements. Our forward-looking statements include discussions of our plans to expand our business and are generally identified with words such as "believe,” "expect,” "intend,” "plan,” "could,” "may” and similar expressions. Risks, uncertainties and assumptions that could affect our forward-looking statements include, among other things: our ability to attract and retain customers in an extremely competitive marketplace; changes in economic conditions, including interest rates, consumer credit conditions, unemployment and other macro-economic factors that could adversely affect demand for the services we provide; the impact of competitors’ initiatives; our ability to successfully implement product offerings and execute effectively on our planned coverage expansion, launches of markets we acquired in the FCC’s auction for Advanced Wireless Services, or Auction #66, expansion of our mobile broadband product offering and other strategic activities; our ability to obtain roaming services from other carriers at cost-effective rates; our ability to maintain effective internal control over financial reporting; delays in our market expansion plans, including delays resulting from any difficulties in funding such expansion through our existing cash, cash generated from operations, or additional capital, or delays by existing U.S. government and other private sector wireless operations in clearing the AWS spectrum, some of which users are permitted to continue using the spectrum for several years; our ability to attract, motivate and retain an experienced workforce; our ability to comply with the covenants in our senior secured credit facilities, indenture and any future credit agreement, indenture or similar instrument; failure of our network or information technology systems to perform according to expectations; and other factors detailed in the section entitled "Risk Factors” included in our periodic reports filed with the SEC, including our Quarterly Report on Form 10-Q for the quarter ended March 31, 2008. All forward-looking statements included in this news release should be considered in the context of these risks. We undertake no obligation to publicly update or revise any forward-looking statements, whether as a result of new information, future events or otherwise. Investors and prospective investors are cautioned not to place undue reliance on our forward-looking statements. Leap is a U.S. registered trademark and the Leap logo is a trademark of Leap. Cricket, Jump, the Cricket "K” and Flex Bucket are U.S. registered trademarks of Cricket. In addition, the following are trademarks or service marks of Cricket: BridgePay, Cricket By Week, Cricket Choice, Cricket Connect and Cricket Nation. All other trademarks are the property of their respective owners.