Leap Wireless International Announces Participation in the Raymond James Institutional Investors Conference in Orlando

Leap Announces Participation in the Raymond James Institutional Investors Conference in Orlando, Fla.

Raymond James Institutional Investors Conferences 2007

Leap Wireless International, Inc. [NASDAQ: LEAP], a leading provider of innovative and value-driven wireless communications services, today announced the Company’s participation in the 28th Annual Raymond James Institutional Investors Conference at the Hyatt Regency Grand Cypress in Orlando, Fla., March 4 – 7, 2007.

Amin Khalifa, Leap’s executive vice president and CFO, will present at the conference on Tuesday, March 6th, beginning at approximately 9:15am EST. He will provide an overview of the Company’s business activities, strategies for continued growth and financial results.

The presentation is expected to last approximately 20 minutes, followed by a short question and answer session, all of which will be audio web cast live. Investors and other interested parties can listen to this live presentation or view the materials presented at the conference by accessing the “News and Events” page of the “Investor Relations” section of the Company’s website, www.leapwireless.com. Listeners should go to this site at least 15 minutes prior to the event to register, download and install any necessary software. A replay will also be available for 90 days following the initial presentation web cast.

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 both the Cricket® and JumpTM Mobile services. The Company and its joint ventures now operate in 22 states and hold or have won auctions for 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. Jump Mobile is a unique prepaid wireless service designed for the mobile-dependent, urban youth market. 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.
Contacts

Leap Wireless International, Inc.
Greg Lund, Media Relations
858-882-9105
glund {at} leapwireless(.)com
Jeanie Herbert, Investor Relations
858-882-6084