Document:

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                                                                     EXHIBIT 4.7

         This Security Has Not Been Registered Under The Securities Act Of 1933,
As Amended, Or Any State Securities Laws. It May Not Be Transferred, Assigned,
Sold Or Offered for Sale Except Pursuant To An Effective Registration Statement
Under Said Act And Any Applicable State Securities Law Or An Opinion Of Counsel,
In Form And Substance Reasonably Acceptable To The Company, That Registration Is
Not Required Because Of An Applicable Exemption From Such Registration
Requirements.

         The Rights Of The Holder Of This Debenture Are Subject To The Terms Of
A Subordination Agreement, Dated February 23, 2000, Among The Senior Lenders (As
Defined Therein) And, Among Others, The Holder Of This Debenture (the
"Subordination Agreement").

         NO.  3                                                      $2,500,000

         DATED: FEBRUARY 23, 2000

                       ADVANCED COMMUNICATIONS GROUP, INC.

                 5% CONVERTIBLE DEBENTURE DUE FEBRUARY 23, 2006

         THIS DEBENTURE ("Debenture") is one of a duly authorized issue of
Debentures of ADVANCED COMMUNICATIONS GROUP, INC. (the "Company"), a corporation
duly organized and existing under the laws of the State of Delaware, designated
as the Company's 5% Convertible Debentures Due February 23, 2006, in an
aggregate principal amount of Twenty Million U.S. Dollars (U.S. $20,000,000)
(the "Debenture").

         FOR VALUE RECEIVED, the Company promises to pay to Westgate
International, L.P. the initial holder hereof, or its order (including
successors-in-interest, the "Holder"), the principal sum of TWO MILLION FIVE
HUNDRED U.S. DOLLARS (U.S. 2,500,000) on February 23, 2006 (the "Maturity Date")
and to pay interest on the principal sum outstanding under this Debenture
("Outstanding Principal Amount"), at the rate of 5% per annum, compounded
semi-annually, payable in arrears on the first day of January and July of each
year (each an "Interest Payment Date"), with the first such payment due on July
1, 2000. Interest shall accrue daily commencing on the date hereof and shall
continue until payment in full of all amounts due under this Debenture. The
interest so payable will be paid to the person in whose name this Debenture is
registered on the records of the Company regarding registration and transfers of
the Debenture (the "Debenture Register"). Capitalized terms used herein and not
otherwise defined shall have the meanings set forth in the Convertible Debenture
Purchase Agreement dated as of February 23, 2000 between the Company and the
Holder (the "Purchase Agreement") or the Registration Rights Agreement dated as
of February 23, 2000 between the Company and the Holder (the "Registration
Rights Agreement").

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         The principal of, interest on, and default payments (defined below) in
respect of this Debenture are payable in such coin or currency of the United
States as of the time of payment is legal tender for payment of public and
private debts, at the address last appearing on the Debenture Register of the
Company as designated in writing by the Holder hereof from time to time;
PROVIDED, HOWEVER, that, in lieu of paying such interest in coin or currency,
the Company may, at its option (provided (i) no Interfering Event (as defined in
the Registration Rights Agreement) then exists and (ii) it gives at least
fifteen (15) business days notice prior to an Interest Payment Date), pay
interest on this Debenture for any Interest Payment Date by adding the amount
thereof to the Outstanding Principal Amount due under this Debenture ("PIK
Interest"), pursuant to an irrevocable statement in the form of EXHIBIT 2 hereto
("PIK Statement") delivered at least fifteen (15) business days prior to the
Interest Payment Date on which the Company plans to pay such PIK Interest and
effective for such Interest Payment Date only. If neither the cash interest due
hereunder is paid when due, nor the PIK Statement delivered, to the Holder as
provided above, the Company shall no longer have the right to choose the PIK
Interest option on that Interest Payment Date or any future Interest Payment
Dates and the Holder may elect either cash interest or PIK Interest hereunder at
its option. Any PIK Interest when so added to the Outstanding Principal Amount
due under this Debenture shall, for all purposes of this Debenture, be deemed to
be part of the principal indebtedness evidenced by this Debenture including,
without limitation, for purposes of determining interest payable hereunder after
the applicable Interest Payment Date for which such PIK Statement is delivered
by the Company and amounts convertible into Common Shares hereunder after the
applicable Interest Payment Date for which such PIK Statement is delivered by
the Company.

         The Company will pay any principal due and all accrued and unpaid
interest due upon this Debenture to the person that is the Holder of this
Debenture on the records of the Company as of the applicable Interest Payment
Date and addressed to such Holder at the last address appearing on the Debenture
Register.

         The Outstanding Principal Amount and interest due hereunder shall bear
interest, from and after the day following the occurrence and during the
continuance of an Event of Default hereunder, at the rate equal to the lower of
the Citibank Prime Rate per annum plus six (6%) percent or the highest rate
permitted by law; PROVIDED that the interest rate of this Debenture shall not be
reduced below 5% as a result of this provision. The Holder shall have the option
to receive such interest as PIK Interest or cash interest and shall exercise its
option by delivering to the Company a statement in a form substantially similar
to the PIK Statement which shall be effective until the Holder delivers an
additional statement to the contrary. If the Holder elects to receive the
interest in cash, it shall be payable on demand.

         Additional cash payments (referred to as "default payments") may be
required pursuant to the Registration Rights Agreement if there occurs an
"Interfering Event" (as defined therein), or pursuant to the Purchase Agreement
under the terms set forth in Section 3.14 therein. Such default payments, if not
paid in cash when due, may be treated by the Holder in its sole discretion as
being added to the Outstanding Principal Amount due under this Debenture.

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         Subject to applicable law, any interest otherwise payable that is not
paid for any applicable period because it would exceed the highest rate
permitted by law shall become payable whenever the payment thereof, together
with other interest due for any such subsequent period, would not exceed such
highest legal rate.

         The Holder of this Debenture is entitled to certain rights and remedies
pursuant to the Purchase Agreement and Registration Rights Agreement, including
without limitation provisions requiring mandatory redemption of the Debenture.
This Debenture does not provide voting rights to the Holder.

         This Debenture is subject to the following additional provisions:

         1. DENOMINATION. The Debentures are exchangeable for an equal aggregate
principal amount of Debentures of different denominations, as requested by the
Holder surrendering the same. No service charge will be made for such
registration or transfer or exchange.

         2. TRANSFERS. This Debenture may be transferred or exchanged in the
United States only in compliance with the Securities Act of 1933, as amended
(the "Act") and applicable state securities laws, or applicable exemptions
therefrom. Prior to due presentment for transfer of this Debenture, the Company
may treat the person in whose name this Debenture is duly registered on the
Company's Debenture Register as the owner hereof for the purpose of receiving
payment as herein provided, whether or not this Debenture is overdue.

         3. DEFINITIONS. For purposes hereof the following definitions shall
apply:

         "CHANGE IN CONTROL TRANSACTION" shall mean the occurrence of (x) any
consolidation or merger of the Company with or into any other corporation or
other entity or person (whether or not the Company is the surviving
corporation), or any other corporate reorganization or transaction or series of
related transactions in which in excess of 50% of the Company's voting power is
transferred through a merger, consolidation, tender offer or similar
transaction, or (y) any person (as defined in Section 13(d) of the Securities
Exchange Act of 1934, as amended (the "Exchange Act")), together with its
affiliates and associates (as such terms are defined in Rule 405 under the Act),
beneficially owns or is deemed to beneficially own (as described in Rule 13d-3
under the Exchange Act without regard to the 60-day exercise period) in excess
of 50% of the Company's voting power, or (z) Richard O'Neal shall fail, for any
reason, to (i) be a member of the Board of Directors of the Company, or any
successor of the Company, or (ii) be the "beneficial owner" (as defined in Rule
13d-3 under the Exchange Act), directly or indirectly, of seventy percent or
more of the Common Stock of the Company so owned by him on the Closing Date.
Notwithstanding the foregoing, the acquisition of control by one or Permitted
Holders shall not constitute a Change in Control Transaction, without prejudice
to the Holder's rights under this Debenture or the Purchase Agreement or the
Registration Rights Agreement.

         "CLOSING DATE" shall mean the date of original issuance of this
Debenture.

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         "CLOSING PRICE" shall mean $14.2063.

         "COMMON STOCK" shall mean the common stock, par value $0.0001, of the
Company.

         "CONVERSION NOTICE" shall have the meaning set forth in Section 5(d).

         "CONVERSION PRICE" shall have the meaning set forth in Section 5(c).

         "CONVERSION RATE" shall have the meaning set forth in Section 5(b).

         "HOLDER CONVERSION DATE" shall have the meaning set forth in Section
5(d).

         "MARKET PRICE FOR SHARES OF COMMON STOCK" shall mean the price of one
share of Common Stock determined as follows:

                  (i) If the Common Stock is listed on NYSE, the closing bid
price on such Exchange on the date of valuation;

                  (ii) If the Common Stock is listed on the NASDAQ National
Market System or the American Stock Exchange, the closing bid price on such
exchange on the date of valuation;

                  (iii) If neither (i) nor (ii) apply but the Common Stock is
quoted in the over-the-counter market, another recognized exchange, on the pink
sheets or bulletin board, the lesser of (A) the lowest sales price on the date
of valuation or (B) the mean between the last reported "bid" and "asked" prices
thereof on the date of valuation; and

                  (iv) If neither clause (i), (ii) or (iii) above applies, the
market value as determined by a nationally recognized investment banking firm or
other nationally recognized financial advisor retained by the Company for such
purpose, taking into consideration, among other factors, the earnings history,
book value and prospects for the Company, and the prices at which shares of
Common Stock recently have been traded. Such determination shall be conclusive
and binding on all persons.

                  "PERMITTED HOLDERS" shall have the meaning set forth in the
definition of "Permitted Holders" set forth in Article 1 of the Loan Agreement
between Advanced Communications Group, Inc. and, among others, Bank of America,
N.A., without regard to any amendments thereto; provided, however, that each of
the Consolidation Partners Founding Fund, LLC, Consolidation Partners, L.P.
shall only be deemed a Permitted Holder under this Agreement if such entities or
persons are wholly owned by Richard O'Neal and/or Rod Cutsinger and the only
shareholders of the Acquired Companies (as defined in the Loan Document) which
shall be deemed a Permitted Holder are Richard O'Neal and Rod Cutsinger, except
that such entities and their owners or such

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shareholders that are set forth on Schedule 1 hereto shall also be deemed
Permitted Holders.

         "REDEMPTION NOTICE" shall have the meaning set forth in Section 6(a).

         "REDEMPTION PRICE" shall have the meaning set forth in Section 6(a).

         "RESET" SHALL HAVE THE MEANING SET FORTH IN SECTION 5(c).

         "RESET PRICING PERIOD" SHALL HAVE THE MEANING SET FORTH IN SECTION
5(c).

         "RESTRICTED OWNERSHIP PERCENTAGE" shall have the meaning set forth in
Section 12.

         "TRADING DAY" shall mean a day on which the Common Stock is traded on
the NYSE or principal exchange on which the Common Stock has been listed (or any
similar organization or agency succeeding such market or exchange's functions of
reporting prices).

         4. CHANGE IN CONTROL, ETC. If at any time there occurs any Change in
Control Transaction, Holder shall be entitled, at its sole option, to have the
Company redeem this Debenture in whole or in part at a redemption price equal to
110% of the Outstanding Principal Amount of this Debenture plus all accrued but
unpaid interest and penalties on this Debenture. Such Holder shall be entitled
to make such election at any time after commencement and up to 10 days after the
effective date of the Change in Control Transaction. For purposes of this
Section 4, the commencement date shall be the day upon which the Change in
Control Transaction was publicly announced.

         5. CONVERSION AT THE OPTION OF THE HOLDER. The Holder of this Debenture
shall have the following conversion rights.

                  (a) HOLDER'S RIGHT TO CONVERT. This Debenture shall be
convertible at any time, in whole or in part, at the option of the Holder
hereof, into fully paid, validly issued and nonassessable shares of Common
Stock. If this Debenture is converted in part, the remaining portion of this
Debenture not so converted shall remain entitled to the conversion rights
provided herein.

                  (b) CONVERSION PRICE FOR HOLDER CONVERTED SHARES. The
Outstanding Principal Amount of this Debenture that is converted into shares of
Common Stock at the option of the Holder shall be convertible into the number of
shares of Common Stock which results from application of the following formula:

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                                    P + I + D
                         ------------------------------

                                Conversion Price

         P =      Outstanding Principal Amount of this Debenture submitted for
                  conversion as of the Holder Conversion Date
         I =      accrued but unpaid interest (not previously added to
                  principal) on P as of the Holder Conversion Date
         D =      default payments (not previously added to principal) on P as
                  of the Holder Conversion Date

                  The number of shares of Common Stock into which each $1,000
principal amount of this Debenture hereto may be converted pursuant to this
paragraph hereof is hereafter referred to as the "Conversion Rate."

         (c) CONVERSION PRICE. Subject to adjustments pursuant to Section 7,
this Debenture will have an initial conversion price equal to $15.6269 (such
price, as Reset (as defined below) and as adjusted in accordance with Section 7
of this Debenture Section 3.9 of the Purchase Agreement and Section 2(b)(i) of
the Registration Rights Agreement, shall be referred to herein as the
"Conversion Price").

                  On August 23, 2000, February 23, 2001, August 23, 2001 and
February 23, 2002, only if the average of the Market Price for Shares of Common
Stock for the ten (10) Trading Days following such respective date (the "Reset
Pricing Period") is lower than the current Conversion Price, the Conversion
Price shall reset ("Reset") to 100% of such average (subject to further
adjustment in each case). The Conversion Price shall not be increased as a
result of a Reset. The Market Price for Shares of Common Stock shall be
appropriately adjusted for stock splits, reverse splits, stock dividends and
other dilutive events that occur during the Reset Pricing Period.

                  In addition to the foregoing and in addition to any other
rights or remedies which may be available to the Holder hereunder, under the
Purchase Agreement and/or the Registration Rights Agreement, if at any time (i)
by reason of the Subordination Agreement, the Holder is prevented from
exercising its redemption rights or receiving any cash payment due to the Holder
hereunder, under the Purchase Agreement or the Registration Rights Agreement
and/or (ii) the Company fails for any reason to repurchase the Debenture (or
portion thereof, as applicable) or make any cash payment in accordance with the
terms of this Debenture, the Purchase Agreement or the Registration Rights
Agreement, then the Conversion Price shall be subject to further adjustment so
that it shall thereafter be equal to the lesser of (x) the lowest Market Price
for Shares of Common Stock during any of the five (5) days prior to the date
that the Holder submits a Conversion Notice (as defined below) to the Company
and (y) the Conversion Price otherwise applicable at such time, subject to
further adjustment in each case. Provided, however, that at no such time shall
the additional shares issuable as a result of this Section 5(c) result in more
than 400,000 shares (as adjusted for stock splits, reverse splits, stock
dividends and other dilutive events) that would otherwise be issuable based on
the then existing Conversion Price.

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         (d) MECHANICS OF CONVERSION. In order to convert this Debenture (in
whole or in part) into full shares of Common Stock, the Holder (i) shall give
written notice in the form of EXHIBIT 1 hereto (the "Conversion Notice") by
facsimile to the Company at such office that the Holder elects to convert the
principal amount (plus accrued but unpaid interest and default payments)
specified therein, which such notice and election shall be revocable by the
Holder at any time prior to its receipt of the Common Stock upon conversion, and
(ii) as soon as practicable after such notice, shall surrender this Debenture,
duly endorsed, by either overnight courier or 2-day courier, to the principal
office of the Company; PROVIDED, HOWEVER, that the Company shall not be
obligated to issue certificates evidencing the shares of the Common Stock
issuable upon such conversion unless either the Debenture evidencing the
principal amount is delivered to the Company as provided above, or the Holder
notifies the Company that such Debenture(s) have been lost, stolen or destroyed
and promptly executes an agreement reasonably satisfactory to the Company to
indemnify the Company from any loss incurred by it in connection with such lost,
stolen or destroyed Debentures. If a Holder is converting less than the maximum
number of shares it may convert under its Debenture, the Company shall reissue
the Debenture with the appropriate remaining principal amount as soon as
practicable after the Company shall have received the Holder's surrendered
Debenture.

                  The Company shall issue and deliver within three business day
of the delivery to the Company of such Conversion Notice, to such Holder of
Debenture(s) at the address of the Holder, or to its designee, a certificate or
certificates for the number of shares of Common Stock to which the Holder shall
be entitled as aforesaid, together with a calculation of the Conversion Rate and
a Debenture or Debentures for the principal amount of Debentures not submitted
for conversion. The date on which the Conversion Notice is given (the "Holder
Conversion Date") shall be deemed to be the date the Company received by
facsimile the Conversion Notice, and the person or persons entitled to receive
the shares of Common Stock issuable upon such conversion shall be treated for
all purposes as the record holder or holders of such shares of Common Stock on
such date.

                  In lieu of delivering physical certificates representing the
Common Shares issuable upon conversion of Debentures or the Warrant Shares (as
defined in the Purchase Agreement) deliverable upon exercise of Warrants (as
defined in the Purchase Agreement), provided the Company's transfer agent is
participating in the Depository Trust Company ("DTC") Fast Automated Securities
Transfer ("FAST") program, upon request of the holder, the Company shall use its
best efforts to cause its transfer agent to electronically transmit the Common
Shares and Warrant Shares issuable upon conversion or exercise to the Holder, by
crediting the account of Holder's prime broker with DTC through its Deposit
Withdrawal Agent Commission ("DWAC") system. The time periods for delivery
described above shall apply to the electronic transmittals through the DWAC
system. The parties agree to coordinate with DTC to accomplish this objective.
The conversions pursuant to Sections 5 shall be deemed to have been made
immediately prior to the close of business on the Holder Conversion Date. The
person or persons entitled to receive the Common Shares issuable upon such
conversion shall be treated for all purposes as the record holder or holders of
such Common Shares at the close of business on the Holder Conversion Date.

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6.       OPTION TO REDEEM.

                  (a) At least five Trading Days prior to the commencement of a
Reset Pricing Period, the Company may state its intention to redeem all, but not
less than all, of the Debentures (all or none) for a cash price equal to the
applicable "Redemption Price" (as defined below) by providing an irrevocable,
written notice (the "Redemption Notice") to the Holder. The Redemption Notice
shall indicate that the Company seeks to redeem the Debenture and shall set the
date for the Company's redemption of the Debenture, which date shall be within
20 Trading Days of the closing of the Reset Pricing Period. The "Redemption
Price" shall be equal to (i) if the Redemption Notice is given to the Holder
prior to the first anniversary of the issuance of this Debenture, 110% of the
Outstanding Principal Amount to be redeemed plus all accrued and unpaid interest
and (ii) if the Redemption Notice is given to the Holder subsequent to such
first anniversary, 115% of the Outstanding Principal Amount to be repurchased
plus all accrued but unpaid interest.

                  (b) A Redemption Notice shall only be effective in the event
that (i) the relevant Reset results in the Conversion Price being less than 50%
of the Closing Price and (ii) the provisions of Section 6.15 of the Purchase
Agreement have been satisfied. If the Conversion Price is less than 50% of the
Closing Price and said provisions have been satisfied, the redemption shall
occur on the date set forth in the Redemption Notice (the "Redemption Date") at
the offices of Holder's counsel. If the Company fails to pay the Redemption
Price in full on the Redemption Date in immediately available funds, (i) the
Company shall lose its right to redeem any Debenture in accordance with this
Section 6(b) and (ii) in addition to any other rights or remedies it may have,
the Holder shall have the right to require the Company to repurchase the
Debenture (or any portion thereof, as selected by the Holder) at a price equal
to 110% of the Redemption Price pursuant to a written notice to the Company.

                  (c) If the relevant Reset does not result in the Conversion
Price being less than 50% of the Closing Price, the Redemption Notice shall be
deemed withdrawn.

         7. STOCK SPLITS; DIVIDENDS; ADJUSTMENTS; REORGANIZATIONS.

                  (a) If the Company, at any time while the Debentures are
outstanding, shall (i) pay a stock dividend or otherwise make a distribution or
distributions on any equity securities (including investments or securities
convertible into or exchangeable for such equity securities) in shares of Common
Stock, (ii) subdivide the outstanding shares of Common Stock into a larger
number of shares, (iii) combine outstanding shares of Common Stock into a
smaller number of shares, the Conversion Price shall be multiplied by a fraction
of which the numerator shall be the number of shares of Common Stock outstanding
before such event and of which the denominator shall be the number of shares of
Common Stock outstanding after such event. Any adjustment made pursuant to this
Section 7(a) shall become effective immediately after the record date for the
determination of shareholders entitled to receive such dividend or distribution
and shall become effective immediately after the effective date in the case of
an issuance, a subdivision or a combination.

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                  (b) INTENTIONALLY LEFT BLANK.

                  (c) If the Company, at any time while the Debentures are
outstanding, shall distribute to all holders of Shares of Common Stock evidences
of its indebtedness or assets or rights or warrants to subscribe for or purchase
any security (excluding those referred to in Section 7(b) above) then the Holder
shall participate in such distribution on a PRO RATA basis with the holders of
shares of Common Stock entitled to receive such dividend, distribution,
issuance, subdivision or combination as if the Holder held that number of shares
of Common Stock that the Holder would have been entitled to receive hereunder
upon conversion of the Debenture (without regard to Section 12) immediately
prior to the record date fixed for determination of shareholders entitled to
receive such dividend, at the Conversion Price then in existence.

                  (d) In the event that at any time or from time to time after
the Closing Date, the Common Stock issuable upon the conversion of the
Debentures is changed into the same or a different number of shares of any class
or classes of stock, whether by merger, consolidation, recapitalization,
reclassification or otherwise (other than a subdivision or combination of shares
or stock dividend or reorganization provided for elsewhere in this Section 7),
then and as a condition to each such event provision shall be made in a manner
reasonably acceptable to the Holders of Debentures so that each Holder of
Debentures shall have the right thereafter to convert such Debenture into the
kind of stock receivable upon such recapitalization, reclassification or other
change by holders of shares of Common Stock, all subject to further adjustment
as provided herein. In such event, the formulae set forth herein for conversion
and redemption shall be equitably adjusted to reflect such change in number of
shares or, if shares of a new class of stock are issued, to reflect the market
price of the class or classes of stock (applying the same factors used in
determining the Conversion Price) issued in connection with the above described
transaction.

                  (e) Whenever any element of the Conversion Price is adjusted
pursuant to Section 7, the Company shall promptly mail to each Holder of the
Debentures, a notice setting forth the Conversion Price after such adjustment
and setting forth a brief statement of the facts requiring such adjustment.

                  (f) In the event of any taking by the Company of a record date
of the holders of any class of securities for the purpose of determining the
holders thereof who are entitled to receive any dividend or other distribution,
any security or right convertible or exchangeable into or entitling the holder
thereof to receive additional shares of Common Stock, or any right to subscribe
for, purchase or otherwise acquire any shares of stock of any class or any other
securities or property, or to receive any other right, the Company shall deliver
to each Holder of Debentures at least 20 days prior to the date specified
therein, a notice specifying the date on which any such record is to be taken
for the purpose of such dividend, distribution, security or right and the amount
and character of such dividend, distribution, security or right.

         8. FRACTIONAL SHARES. No fractional shares of Common Stock or scrip
representing fractional shares of Common Stock shall be issuable hereunder. The

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number of shares of Common Stock that are issuable upon any conversion shall be
rounded up to the nearest whole share.

         9. RESERVATION OF STOCK ISSUABLE UPON CONVERSION.

                  (A) RESERVATION REQUIREMENT. The Company covenants that it
will at all times reserve and keep available out of its authorized and unissued
Common Stock solely for the purpose of issuance upon conversion of the
Debentures as herein provided, free from preemptive rights or any other present
or contingent purchase rights of persons other than the Holders of the
Debentures, 200% of the maximum number of shares of Common Stock as shall be
issuable (taking into account the adjustments and restrictions of Sections 5 and
7 hereof) upon the conversion of all of the Debentures pursuant hereto. The
Company covenants that all shares of Common Stock that shall be so issuable
shall upon issue, be duly and validly authorized, issued and fully paid and
nonassessable. Without in any way limiting the foregoing, so long as any
Debentures remain outstanding the Company agrees to reserve and at all times
keep available solely for purposes of conversion of Debentures such number of
authorized but unissued shares of Common Stock that is set forth in the Purchase
Agreement.

                  (B) DEFICIENCY. If the Company does not have a sufficient
number of shares of Common Stock available to satisfy the Company's obligations
to a Holder of Debentures upon receipt of a Conversion Notice or is otherwise
unable to issue such shares of Common Stock in accordance with the terms of this
Agreement such Holder shall be entitled to the rights and remedies set forth in
the Registration Rights Agreement.

         10. NO REISSUANCE OF THE DEBENTURE. No Debentures acquired by the
Company by reason of redemption, purchase, exchange or otherwise shall be
reissued, and all such Debentures shall be retired.

         11. NO IMPAIRMENT. The Company shall not intentionally take any action
which would impair the rights and privileges of the Debentures set forth herein
or the Holders thereof.

         12. LIMITATIONS ON HOLDER'S RIGHT TO CONVERT.

                  (a) Notwithstanding anything to the contrary contained herein,
no Debenture may be converted to the extent that, after giving effect to shares
of Common Stock to be issued pursuant to a Conversion Notice, the total number
of shares of Common Stock deemed beneficially owned by such Holder (other than
by virtue of the ownership of Debentures or ownership of other securities that
have limitations on a Holder's rights to exchange, convert or exercise similar
to those limitations set forth herein), together with all shares of Common Stock
deemed beneficially owned by the holder's "affiliates" (as defined in Rule 144
of the Act) that would be aggregated for purposes of determining whether a group
under Section 13(d) of the Securities Exchange Act of 1934, as amended, exists
(an "aggregation party"), would exceed 9.9% (the "Restricted Ownership
Percentage") of the total issued and outstanding shares of the Company's Common
Stock; PROVIDED that (w) each holder shall have the right at any time and from
time to time to reduce its Restricted Ownership Percentage immediately upon

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notice to the Company, (x) each Holder shall have the right at any time and from
time to time, to increase its Restricted Ownership Percentage and otherwise
waive in whole or in part the restrictions of this Section 12(a) upon 61 days'
prior notice to the Company or immediately in the event of the announcement of a
pending or proposed Change in Control Transaction, (y) each holder can make
subsequent adjustments pursuant to (w) or (x) any number of times from time to
time (which adjustment shall be effective immediately if it results in a
decrease in the percentage or shall be effective upon 61 days' prior written
notice or immediately in the event of the announcement of a pending or proposed
Change in Control Transaction if it results in an increase in the percentage)
and (z) each Holder may eliminate or reinstate this limitation at any time and
from time to time (which elimination will be effective upon 61 days' prior
notice and which reinstatement will be effective immediately). Without limiting
the foregoing, in the event of the announcement of a pending or proposed Change
in Control Transaction, any Holder may reinstate immediately (in whole or in
part) the requirement that any increase in its Restricted Ownership Percentage
be subject to 61 days' prior written notice, notwithstanding such Change in
Control Transaction, without imposing such requirement on, or otherwise changing
such Holder's rights with respect to, any other Change in Control Transaction.
For this purpose, any material modification of the terms of a Change in Control
Transaction will be deemed to result in a new Change in Control Transaction. The
term "deemed beneficially owned" as used in this Debenture shall exclude shares
that might otherwise be deemed beneficially owned by reason of the
convertibility of the Debentures. The Company shall provide all Holders with the
earlier of (i) 20 days' prior written notice of any such Change in Control
Transaction, to the extent the Company has prior knowledge of a Change in
Control Transaction; or (ii) notice on the day immediately following the
Company's learning of any such transaction, but only after, in the case of (i)
and (ii), such Change in Control Transaction has been publicly disclosed.

                  (b) Each time (a "Covenant Time") the Holder makes a
Triggering Acquisition (as defined below) of shares of Common Stock (the
"Triggering Shares"), the Holder will be deemed to covenant that it will not,
during the balance of the day on which such Triggering Acquisition occurs, and
during the 61-day period beginning immediately after that day, acquire
additional shares of Common Stock pursuant to rights-to-acquire existing at that
Covenant Time, if the aggregate amount of such additional shares so acquired
(without reducing that amount by any dispositions) would exceed (x) the
Restricted Ownership Percentage of the number of shares of Common Stock
outstanding at that Covenant Time (including the Triggering Shares) minus (y)
the number of shares of Common Stock actually owned by the Holder at that
Covenant Time (regardless of how or when acquired, and including the Triggering
Shares). A "Triggering Acquisition" means the giving of a Conversion Notice or
any other acquisition of Common Stock by the Holder or an aggregation party;
provided, however, that with respect to the giving of such Conversion Notice, if
the associated issuance of shares of Common Stock does not occur, such event
shall cease to be a Triggering Acquisition and the related covenant under this
paragraph shall terminate. At each Covenant Time, the Holder shall be deemed to
waive any right it would otherwise have to acquire Common Shares to the extent
that such acquisition would violate any covenant given by the Holder under this
paragraph. For the avoidance of doubt:

                                       11
<PAGE>

                  (i) The covenant to be given pursuant to this Section 12(b)
will be given at every Covenant Time and shall be calculated based on the
circumstances then in effect. The making of a covenant at one Covenant Time
shall not terminate or modify any prior covenants.

                  (ii) The Holder may therefore from time to time be subject to
multiple such covenants, each one having been made at a different Covenant Time,
and some possibly being more restrictive than others. The Holder must comply
with all such covenants then in effect.

         13. OBLIGATIONS ABSOLUTE. No provision of this Debenture , the Purchase
Agreement or the Registration Rights Agreement shall alter or impair the
obligation of the Company, which is absolute and unconditional, to pay the
principal of, and interest and default payments on, this Debenture or to issue
shares of Common Stock in response to a Conversion Notice at the time, place and
rate, and in the manner, herein prescribed.

         14. WAIVERS OF DEMAND, ETC. The Company hereby expressly and
irrevocably waives demand and presentment for payment, notice of nonpayment,
protest, notice of protest, notice of dishonor, notice of acceleration or intent
to accelerate, bringing of suit and diligence in taking any action to collect
amounts called for hereunder and will be directly and primarily liable for the
payment of all sums owing and to be owing hereon, regardless of and without any
notice, diligence, act or omission as or with respect to the collection of any
amount called for hereunder.

         15. REPLACEMENT DEBENTURE. In the event that any Holder notifies the
Company that its Debenture(s) have been lost, stolen or destroyed, replacement
Debenture(s) identical in all respects to the original Debenture(s) (except for
registration number and Outstanding Principal Amount, if different than that
shown on the original Debenture(s)), shall be issued to the Holder, provided
that the Holder executes and delivers to the Company an agreement reasonably
satisfactory to the Company to indemnify the Company from any loss incurred by
it in connection with such Debenture.

         16. PAYMENT OF EXPENSES; ISSUE TAXES. The Company agrees to pay all
debts and expenses, including attorneys' fees, which may be incurred by the
Holder in enforcing the provisions of this Debenture and/or collecting any
amount due under this Debenture, the Purchase Agreement, any Warrant or the
Registration Rights Agreement. The Company shall pay any and all issue and other
taxes (excluding any income, franchise or similar taxes) that maybe payable in
respect of any issue or delivery of shares of Common Stock on conversion of any
Debenture pursuant hereto.

         17. DEFAULTS. If one or more of the following described "Events of
Default" shall occur:

               (a)  The Company shall default in the payment of (i) interest on
                    this Debenture or any other Debenture issued pursuant to the
                    Purchase Agreement (subject to the Company's option to pay
                    PIK Interest), and such default shall continue for five (5)
                    business days after the

                                       12
<PAGE>

                    due date thereof, or (ii) the principal of this Debenture or
                    any other Debenture issued pursuant to the Purchase
                    Agreement; or

               (b)  Any of the representations or warranties made by the Company
                    herein, in the Purchase Agreement, the Registration Rights
                    Agreement, any Warrant or in any certificate or financial or
                    other statements heretofore or hereafter furnished by or on
                    behalf of the Company in connection with the execution and
                    delivery of this Debenture or such other documents shall be
                    false or misleading in any material respect at the time made
                    and written notice of such breach shall have been given to
                    the Company by the Holders of at least 25% of the aggregate
                    Outstanding Principal Amount of the Debentures then
                    outstanding; or

               (c)  The Company shall fail to materially perform or observe any
                    covenant or agreement in the Purchase Agreement or the
                    Registration Rights Agreement, or any other covenant, term,
                    provision, condition, agreement or obligation of the Company
                    under this Debenture and such failure shall continue uncured
                    for a period of ten (10) business days after notice of such
                    failure from the Holders of at least 25% of the Aggregate
                    Outstanding Principal Amount of Debentures then outstanding;
                    or

               (d)  The Company shall (1) become insolvent; (2) admit in writing
                    its inability to pay its debts generally as they mature; (3)
                    make an assignment for the benefit of creditors or commence
                    proceedings for its dissolution; or (4) apply for or consent
                    to the appointment of a trustee, liquidator or receiver for
                    it or for a substantial part of its property or business; or

               (e)  A trustee, liquidator or receiver shall be appointed for the
                    Company or for a substantial part of its property or
                    business without its consent and shall not be discharged
                    within forty-five (45) days after such appointment; or

               (f)  Any governmental agency or any court of competent
                    jurisdiction at the instance of any governmental agency
                    shall assume custody or control of the whole or any
                    substantial portion of the properties or assets of the
                    Company and shall not be dismissed within forty-five (45)
                    days thereafter; or

               (g)  The Company shall sell or otherwise transfer all or
                    substantially all of its assets; or

               (h)  Bankruptcy, reorganization, insolvency or liquidation
                    proceedings or other proceedings, or relief under any
                    bankruptcy law or any law for the relief of debt shall be
                    instituted by or against the Company and, if instituted
                    against the Company shall not be

                                       13
<PAGE>

                    dismissed within forty-five (45) days after such
                    institution, or the Company shall by any action or answer
                    approve of, consent to, or acquiesce in any such proceedings
                    or admit to any material allegations of, or default in
                    answering a petition filed in any such proceeding; or

               (i)  the Senior Lenders shall have accelerated the Senior Debt
                    (as defined in the Purchase Agreement); or

               (j)  The Company shall be in default of any other of its
                    indebtedness exceeding $1,000,000, or any other event shall
                    have occurred, and as a result thereof the holders thereof
                    shall have accelerated or shall have the right (upon the
                    giving of notice, the passage of time, or both) to
                    accelerate such indebtedness; or

               (k)  A "going private" transaction under Rule 13e-3 promulgated
                    pursuant to the Exchange Act shall have been announced; or

               (l)  A tender offer by the Company under Rule 13e-4 promulgated
                    pursuant to the Exchange Act shall have been announced;

         THEN, or at any time thereafter, and in each and every such case,
unless such Event of Default shall have been waived in writing by the Holder
(which waiver shall not be deemed to be a waiver of any subsequent default) at
the option of the Holder and in the Holder's sole discretion, the Holder may
consider the Debenture immediately due and payable, without presentment, demand,
protest or notice of any kind, all of which are hereby expressly waived,
anything herein or in any other instruments contained to the contrary
notwithstanding, and the Holder may immediately, and without expiration of any
period of grace, enforce any and all of the Holder's rights and remedies
provided herein or any other rights or remedies afforded by law. In such event,
the Debenture shall be redeemed at the greater of (i) a redemption price per
Debenture equal to 110% of the Outstanding Principal Amount of the Debenture,
plus accrued but unpaid interest and default payments on the Debenture and (ii)
the cash value that the Holder would be entitled to receive upon conversion of
the Debenture at the Conversion Price in existence on such date, without regard
to Section 12, and the subsequent sale of the Common Stock at the Market Price
for Shares of Common Stock then existing.

         18. SAVINGS CLAUSE. In case any provision of this Debenture is held by
a court of competent jurisdiction to be excessive in scope or otherwise invalid
or unenforceable, such provision shall be adjusted rather than voided, if
possible, so that it is enforceable to the maximum extent possible, and the
validity and enforceability of the remaining provisions of this Debenture will
not in any way be affected or impaired thereby, and such provision shall remain
effective in all other jurisdictions.

         19. ENTIRE AGREEMENT. This Debenture and the agreements referred to in
this Debenture constitute the full and entire understanding and agreement
between the Company and the Holder with respect to the subject hereof. Neither
this Debenture nor

                                       14
<PAGE>

any term hereof may be amended, waived, discharged or terminated other than by a
written instrument signed by the Company and the Holder.

         20. ASSIGNMENT, ETC. The Holder (but not the Company) may without
notice, transfer or assign this Debenture or any interest herein and may
mortgage, encumber or transfer any of its rights or interest in and to this
Debenture or any part hereof and, without limitation, each assignee, transferee
and mortgagee (which may include any affiliate of the Holder) shall have the
right to transfer or assign its interest. Each such assignee, transferee and
mortgagee shall have all of the rights of the Holder under this Debenture. The
Company agrees that, subject to compliance with the Purchase Agreement, after
receipt by the Company of written notice of assignment from the Holder or from
the Holder's assignee, all principal, interest and other amounts which are then
and thereafter become due under this Debenture shall be paid to such assignee at
the place of payment designated in such notice. This Debenture shall be binding
upon the Company and its successors and affiliates and shall inure to the
benefit of the Holder and its successors and assigns.

         21. NO WAIVER. No failure on the part of the Holder to exercise, and no
delay in exercising any right, remedy or power hereunder shall operate as a
waiver thereof, nor shall any single or partial exercise by the Holder of any
right, remedy or power hereunder preclude any other or future exercise of any
other right, remedy or power. Each and every right, remedy or power hereby
granted to the Holder or allowed it by law or other agreement shall be
cumulative and not exclusive of any other, and may be exercised by the Holder
from time to time.

         22. CERTIFICATE. The Company shall, upon the written request at any
time of any Holder of Debentures, furnish or cause to be furnished to such
Holder a certificate prepared by the chief financial officer of Company setting
forth any adjustments or readjustments of the Conversion Price pursuant to this
Debenture and any right of the Holder to receive additional shares of Common
Stock or any other equity or debt security pursuant to Section 7.

         23. NOTICES. The Company shall distribute to the Holders of Debentures
copies of all notices, materials, annual and quarterly reports, proxy
statements, information statements and any other documents distributed generally
to the holders of shares of Common Stock of the Company, at such times and by
such method as such documents are distributed to such holders of such Common
Stock, but shall not directly or indirectly provide material non-public
information to the Holder without such Holder's prior written consent.

         24. SPECIFIC ENFORCEMENT. The Company agrees that irreparable damage
would occur in the event that any of the provisions of this Debenture were not
performed in accordance with their specific terms or were otherwise breached. It
is accordingly agreed that the Holders of Debentures shall be entitled to swift
specific performance, injunctive relief or other equitable remedies to prevent
or cure breaches of the provisions of this Debenture and to enforce specifically
the terms and provisions hereof, this being

                                       15
<PAGE>

in addition to any other remedy to which any of them may be entitled under
agreement, at law or in equity.

         25. MISCELLANEOUS. Unless otherwise provided herein, any notice or
other communication to a party hereunder shall be sufficiently given if in
writing and personally delivered, facsimiled or mailed to said party by
certified mail, return receipt requested, at its address set forth herein or
such other address as either may designate for itself in such notice to the
other and communications shall be deemed to have been received when delivered
personally or, if sent by mail or facsimile, then when actually received by the
party to whom it is addressed. Whenever the sense of this Debenture requires,
words in the singular shall be deemed to include the plural and words in the
plural shall be deemed to include the singular. Paragraph headings are for
convenience only and shall not affect the meaning of this document.

         26. GOVERNING LAW; CONSENT TO JURISDICTION. This Debenture shall be
governed by and construed and enforced in accordance with the laws of the State
of New York applicable to contracts to be executed and performed entirely within
such state. The Company (i) hereby irrevocably submits to the exclusive
jurisdiction of the state and federal court located in New York County, New York
for the purposes of any suit, action or proceeding arising out of or related to
this Debenture and (ii) hereby waives, and agrees not to assert in any such
suit, action or proceeding, any claim that it is not personally subject to the
jurisdiction of such court, that the suit, action or proceeding is brought in an
inconvenient forum or that the venue of the suit, action or proceeding is
improper. The Company consents to process being served in any such suit, action
or proceeding by mailing a copy thereof to such party as provided herein and
agrees that such service shall constitute good and sufficient service of process
and notice thereof. Nothing in this paragraph shall affect or limit any right to
serve process in any other manner permitted by law.

                             SIGNATURE PAGE FOLLOWS

                                       16
<PAGE>

         IN WITNESS WHEREOF, the Company has caused this instrument to be duly
executed by an officer thereunto duly authorized.

                                          ADVANCED COMMUNICATIONS GROUP, INC.

                                          By:  /s/
                                              -------------------------------
                                               Name:
                                               Title:

         Signature page to 5% Convertible Debenture of ADVANCED COMMUNICATIONS
GROUP, INC.

                                       17
<PAGE>

                                    EXHIBIT 1

                      (To be Executed by Registered Holder
                         in order to Convert Debenture)

                                CONVERSION NOTICE
                                       FOR
                 5% CONVERTIBLE DEBENTURE DUE FEBRUARY 23, 2006

         The undersigned, as Holder of the 5% Convertible Debenture Due February
23, 2006 of ADVANCED COMMUNICATIONS GROUP, INC. (the "Company"), in the
outstanding principal amount of U.S. $_____________ (the "Debenture"), hereby
irrevocably elects to convert that portion of the outstanding principal amount
of the Debenture shown on the next page into shares of Common Stock, $0.0001 par
value per share (the "Common Stock"), of the Company according to the conditions
of the Debenture, as of the date written below. The undersigned hereby requests
that share certificates for the Common Stock to be issued to the undersigned
pursuant to this Conversion Notice be issued in the name of, and delivered to,
the undersigned or its designee as indicated below. If shares are to be issued
in the name of a person other than the undersigned, the undersigned will pay all
transfer taxes payable with respect thereto. No fee will be charged to the
Holder for any conversion, except for transfer taxes, if any.

Conversion Information:             NAME OF HOLDER:____________________________

                                    By: _______________________________________
                                            Print Name:
                                            Print Title:

                                            Print Address of Holder:
                                            ___________________________________
                                            ___________________________________

                                            Issue Common Stock to:_____________
                                            at:________________________________

                                            Electronically transmit and credit
                                            Common Stock to: ________ at:
                                            ___________________________________
                                            ___________________________________

                                            ___________________________________
                                            Date of Conversion

                                            ___________________________________
                                            Applicable Conversion Rate

                THE COMPUTATION OF THE NUMBER OF COMMON SHARES TO
                  BE RECEIVED IS SET FORTH ON THE ATTACHED PAGE

<PAGE>

PAGE 2 TO CONVERSION NOTICE FOR: ______________________________________________
                                            (NAME OF HOLDER)

<TABLE>
<CAPTION>
              COMPUTATION OF NUMBER OF COMMON SHARES TO BE RECEIVED
<S>                                                                             <C>
A.       Outstanding Principal Amount converted:                                $ ______________
B.       Accrued, unpaid interest on Outstanding Principal Amount converted:    $ ______________
C.       Default payments due Holder on Outstanding Principal Amount converted: $ ______________

TOTAL DOLLAR AMOUNT CONVERTED (TOTAL OF A + B + C)                              $ ______________

                                                                                =================

EXCHANGE PRICE                                                                  $ ______________

Number of Shares of Common Stock = TOTAL DOLLAR AMOUNT CONVERTED                $ ______________
                                   ------------------------------       =
                                         Conversion Price
                                                                                $
</TABLE>

NUMBER OF SHARES OF COMMON STOCK   =
                                      ------------------------------------

If the conversion is not being settled by DTC, please issue and deliver _____
certificate(s) for shares of Common Stock in the following amount(s):

_______________________________________________________________________________

_______________________________________________________________________________

_______________________________________________________________________________

_______________________________________________________________________________

Please issue and deliver _____ new Debenture(s) in the following amounts:

_______________________________________________________________________________

_______________________________________________________________________________

_______________________________________________________________________________

_______________________________________________________________________________

                                       2
<PAGE>

                                   EXHIBIT 2

                                  PIK STATEMENT

Date:______________

To: [NAME OF HOLDER OF DEBENTURE] ("Holder")

RE: 5% CONVERTIBLE DEBENTURE DUE FEBRUARY 23, 2006 ("DEBENTURE") OF ADVANCED
COMMUNICATIONS GROUP, INC. (THE "COMPANY"), IN THE FACE PRINCIPAL AMOUNT OF US$
_________.

                  In lieu of paying interest on the above-referenced Debenture
in coin or currency, the Company hereby elects to pay interest on the Debenture,
for the Interest Payment Date indicated below, by having the amount of such
interest added to the Outstanding Principal Amount due under the Debenture. The
Company hereby certifies to the Holder, its successors and assigns that the
Outstanding Principal Amount due under the Debenture after delivery of this PIK
Statement equals the amount indicated below. Capitalized terms used in this PIK
Statement and not otherwise defined shall have the meaning ascribed thereto in
the Debenture.

<TABLE>
<CAPTION>
<S>                                                    <C>
         Interest Payment Date:                            _____________

         Outstanding Principal Amount prior
         to issuance of this PIK Statement:             US$_____________

         PIK Interest:                                  US$_____________

         Outstanding Principal Amount after
         issuance of this PIK Statement:                US$_____________
</TABLE>

                  IN WITNESS WHEREOF, this PIK Statement has been duly executed
and delivered on the date first written above.

                                     ADVANCED COMMUNICATIONS GROUP, INC.

                                     By:
                                         ----------------------------------
                                          Name:
                                          Title:

<PAGE>

                                   SCHEDULE I

None<PAGE>

                                                                     EXHIBIT 4.8

THIS WARRANT HAS NOT BEEN REGISTERED UNDER THE SECURITIES ACT OF 1933, AS
AMENDED, OR ANY STATE SECURITIES LAWS. IT MAY NOT BE TRANSFERRED, ASSIGNED, SOLD
OR OFFERED FOR SALE EXCEPT PURSUANT TO AN EFFECTIVE REGISTRATION STATEMENT UNDER
SAID ACT AND ANY APPLICABLE STATE SECURITIES LAW OR AN OPINION OF COUNSEL, IN
FORM AND SUBSTANCE REASONABLY ACCEPTABLE TO THE COMPANY, THAT REGISTRATION IS
NOT REQUIRED BECAUSE OF AN APPLICABLE EXEMPTION FROM SUCH REGISTRATION
REQUIREMENTS.

                              ---------------------

February 23, 2000

                       ADVANCED COMMUNICATIONS GROUP, INC.

                              ---------------------

                          Common Stock Purchase Warrant

         Advanced Communications Group, Inc., a Delaware corporation (the
"COMPANY"), hereby certifies that for good and valuable consideration, the
receipt and sufficiency of which are hereby acknowledged, Elliott Associates,
L.P. having an address at 712 Fifth Avenue, New York, NY 10019 ("PURCHASER") or
any other Warrant Holder is entitled, on the terms and conditions set forth
below, to purchase from the Company at any time beginning on the date hereof and
ending on the fifth anniversary of the Closing Date, 71,544 fully paid and
nonassessable shares of Common Stock, par value $0.0001, of the Company (the
"COMMON STOCK"), at a purchase price per share of Common Stock equal to
$18.4681, (the "PURCHASE PRICE"), as the same may be adjusted pursuant to
Section 5 herein.

         1. DEFINITIONS.

                  (a) The term "AGREEMENT" shall mean the Convertible Debenture
Purchase Agreement dated as of February 23, 2000, between the Company and the
Investors signatory thereto.

                  (b) The term "DEBENTURE" shall mean any of the Company's 5%
Convertible Debentures Due February 23, 2006.

                  (c) The term "EFFECTIVE REGISTRATION" shall have the meaning
specified in the Agreement.

                  (d) The term "CLOSING DATE" shall mean February 23, 2000.

<PAGE>

                  (e) The term "REGISTRATION RIGHTS AGREEMENT" shall mean the
Registration Rights Agreement, dated as of February 23, 2000, between the
Company and the Investor signatory thereto.

                  (f) The term "WARRANT HOLDER" shall mean the Purchaser or any
assignee of all or any portion of this Warrant.

                  (g) The term "WARRANT SHARES" shall mean the shares of Common
Stock or other securities issuable upon exercise of this Warrant.

         Capitalized terms used but not defined in this Warrant shall have the
meanings specified in the Agreement or the Debentures.

         2. EXERCISE OF WARRANT.

         This Warrant may be exercised by the Warrant Holder, in whole or in
part, at any time and from time to time by either of the following methods:

                  (a) The Warrant Holder may surrender this Warrant, together
with the form of subscription at the end hereof duly executed by Warrant Holder
("SUBSCRIPTION NOTICE"), at the offices of the Company or any transfer agent for
the Common Stock; or

                  (b) The Warrant Holder may also exercise this Warrant, in
whole or in part, in a "cashless" or "net-issue" exercise by delivering to the
offices of the Company or any transfer agent for the Common Stock this Warrant,
together with a Subscription Notice specifying the number of Warrant Shares to
be delivered to such Warrant Holder ("DELIVERABLE SHARES") and the number of
Warrant Shares with respect to which this Warrant is being surrendered in
payment of the aggregate Purchase Price for the Deliverable Shares ("SURRENDERED
SHARES"); PROVIDED that the Purchase Price multiplied by the number of
Deliverable Shares shall not exceed the value of the Surrendered Shares. For the
purposes of this provision, each Warrant Share as to which this Warrant is
surrendered will be attributed a value equal to the fair market value (as
defined below) of the Warrant Share minus the Purchase Price of the Warrant
Share.

         In the event that the Warrant is not exercised in full, the number of
Warrant Shares shall be reduced by the number of such Warrant Shares for which
this Warrant is exercised and/or surrendered, and the Company, at its expense,
shall within three (3) Trading Days (as defined below) issue and deliver to or
upon the order of Warrant Holder a new Warrant of like tenor in the name of
Warrant Holder or as Warrant Holder (upon payment by Warrant Holder of any
applicable transfer taxes) may request, reflecting such adjusted Warrant Shares.

          3. DELIVERY OF STOCK CERTIFICATES.

                  (a) Subject to the terms and conditions of this Warrant, as
soon as practicable after the exercise of this Warrant in full or in part, and
in any event within three (3) Trading Days thereafter, the Company shall
transmit the certificates of the Warrant Shares (together with any other stock
or other securities or property to which

                                       2
<PAGE>

Warrant Holder is entitled upon exercise) by messenger or overnight delivery
service to reach the address designated by such holder within three (3) Trading
Days after the receipt of the Subscription Notice ("T+3"). If such certificates
are not received by the Warrant Holder within T+3, then the Warrant Holder will
be entitled to revoke and withdraw its exercise of its Warrant at any time prior
to its receipt of those certificates.

                  In lieu of delivering physical certificates representing the
Warrant Shares deliverable upon exercise of Warrants, provided the Company's
transfer agent is participating in the Depository Trust Company ("DTC") Fast
Automated Securities Transfer ("FAST") program, upon request of the Warrant
Holder, the Company shall use its best efforts to cause its transfer agent to
electronically transmit the Warrant Shares issuable upon exercise to the Warrant
Holder, by crediting the account of Warrant Holder's prime broker with DTC
through its Deposit Withdrawal Agent Commission ("DWAC") system. The time
periods for delivery described above shall apply to the electronic transmittals
through the DWAC system. The parties agree to coordinate with DTC to accomplish
this objective. The exchange pursuant to Section 3 shall be deemed to have been
made immediately prior to the close of business on the date of the Subscription
Notice. The person or persons entitled to receive the Warrant Shares issuable
upon such exercise shall be treated for all purposes as the record holder or
holders of such Warrant Shares at the close of business on the date of the
Subscription Notice.

                  The term Trading Day means (x) if the Common Stock is listed
on the New York Stock Exchange or the American Stock Exchange, a day on which
there is trading on such stock exchange, (y) if the Common Stock is not listed
on either of such stock exchanges but sale prices of the Common Stock are
reported on an automated quotation system, a day on which trading is reported on
the principal automated quotation system on which sales of the Common Stock are
reported, or (z) if the foregoing provisions are inapplicable, a day on which
quotations are reported by National Quotation Bureau Incorporated.

                  (b) This Warrant may not be exercised as to fractional shares
of Common Stock. In the event that the exercise of this Warrant, in full or in
part, would result in the issuance of any fractional share of Common Stock, then
in such event the Warrant Holder shall be entitled to cash equal to the fair
market value of such fractional share. For purposes of this Warrant, "FAIR
MARKET VALUE" shall equal the closing trading price of the Common Stock on the
Approved Market which is the principal trading exchange or market for the Common
Stock (the "PRINCIPAL MARKET") on the date of determination or, if the Common
Stock is not listed or admitted to trading on any Approved Market, the average
of the closing bid and asked prices on the over-the-counter market as furnished
by any New York Stock Exchange member firm reasonably selected from time to time
by the Company for that purpose and reasonably acceptable to the Warrant Holder,
or, if the Common Stock is not listed or admitted to trading on any Approved
Market or traded over-the-counter and the average price cannot be determined a
contemplated above, the fair market value of the Common Stock shall be as
reasonably determined in good faith by the Company's Board of Directors with the
concurrence of the Warrant Holder.

                                       3
<PAGE>

          4. (A) REPRESENTATIONS AND COVENANTS OF THE COMPANY.

                  (a) The Warrant Shares, when issued in accordance with the
terms hereof, will be duly authorized and, when paid for or issued in accordance
with the terms hereof, shall be validly issued, fully paid and non-assessable.
The Company has authorized and reserved for issuance to Warrant Holder the
requisite number of shares of Common Stock to be issued pursuant to this
Warrant.

                  (b) The Company shall at all times reserve and keep available,
solely for issuance and delivery as Warrant Shares hereunder, 200% of such
number of shares of Common Stock as shall from time to time be issuable
hereunder.

                  (c) With a view to making available to the Warrant Holder the
benefits of Rule 144 promulgated under the Act and any other rule or regulation
of the Securities and Exchange Commission ("SEC") that may at any time permit
Warrant Holder to sell securities of the Company to the public without
registration, the Company agrees to use its best efforts to:

                          (i) make and keep public information available, as
                  those terms are understood and defined in Rule 144, at all
                  times;

                          (ii) file with the SEC in a timely manner all reports
                  and other documents required of the Company under the Act and
                  the Securities Exchange Act of 1934, as amended (the "EXCHANGE
                  ACT"); and

                          (iii) furnish to any Warrant Holder forthwith upon
                  request a written statement by the Company that it has
                  complied with the reporting requirements of Rule 144 and of
                  the Act and the Exchange Act, a copy of the most recent annual
                  or quarterly report of the Company, and such other reports and
                  documents so filed by the Company as may be reasonably
                  requested to permit any such Warrant Holder to take advantage
                  of any rule or regulation of the SEC permitting the selling of
                  any such securities without registration.

                  (B) REPRESENTATIONS AND COVENANTS OF THE PURCHASER.

                  The Purchaser shall not transfer, sell, pledge, encumber or
otherwise dispose of this Warrant or the Warrant Shares, unless such resale is
pursuant to an effective registration statement under the Act or pursuant to an
opinion of counsel in form and substance reasonably acceptable to the Company
that registration is not required because of an applicable exemption from such
registration requirements.

         5. ADJUSTMENT OF PURCHASE PRICE AND NUMBER OF SHARES. The number of and
kind of securities purchasable upon exercise of this Warrant and the Purchase
Price shall be subject to adjustment from time to time as follows:

                  (a) SUBDIVISIONS, COMBINATIONS AND OTHER ISSUANCES. If the
Company shall at any time after the date hereof but prior to the expiration of
this Warrant subdivide

                                       4
<PAGE>

its outstanding securities as to which purchase rights under this Warrant exist,
or combine its outstanding securities as to which purchase rights under this
Warrant exist, the number of Warrant Shares as to which this Warrant is
exercisable as of the date of such subdivision or combination shall forthwith be
proportionately increased in the case of a subdivision, or proportionately
decreased in the case of a combination. Appropriate proportional adjustments
(decrease in the case of subdivision, increase in the case of combination) shall
also be made to the Purchase Price payable per share, so that the aggregate
Purchase Price payable for the total number of Warrant Shares purchasable under
this Warrant as of such date shall remain the same as it would have been before
such subdivision or combination.

                  (b) STOCK DIVIDEND. If at any time after the date hereof the
Company declares a dividend or other distribution on Common Stock payable in
Common Stock or other securities or rights convertible into or exchangeable for
Common Stock ("COMMON STOCK EQUIVALENTS") without payment of any consideration
by holders of Common Stock for the additional shares of Common Stock or the
Common Stock Equivalents (including the additional shares of Common Stock
issuable upon exercise or conversion thereof), then the number of shares of
Common Stock for which this Warrant may be exercised shall be increased as of
the record date (or the date of such dividend distribution if no record date is
set) for determining which holders of Common Stock shall be entitled to receive
such dividends, in proportion to the increase in the number of outstanding
shares (and shares of Common Stock issuable upon conversion of all such
securities convertible into Common Stock) of Common Stock as a result of such
dividend, and the Purchase Price shall be proportionately reduced so that the
aggregate Purchase Price for all the Warrant Shares issuable hereunder
immediately after the record date (or on the date of such distribution, if
applicable) for such dividend shall equal the aggregate Purchase Price so
payable immediately before such record date (or on the date of such
distribution, if applicable).

                  (c) OTHER DISTRIBUTIONS. To the extent that Section 5(b) does
not apply, if at any time after the date hereof the Company distributes to
holders of its Common Stock, other than as part of its dissolution, liquidation
the winding up of its affairs, any shares of its capital stock, any evidence of
indebtedness or any of its assets (other than Common Stock), then the number of
Warrant Shares for which this Warrant is exercisable shall be increased to
equal: (i) the number of Warrant Shares for which this Warrant is exercisable
immediately prior to such event, (ii) multiplied by a fraction, (A) the
numerator of which shall be the fair market value per share of Common Stock on
the record date for the dividend or distribution, and (B) the denominator of
which shall be the fair market value price per share of Common Stock on the
record date for the dividend or distribution minus the amount allocable to one
share of Common Stock of the value (as jointly determined in good faith by the
Board of Directors of the Company and the Warrant Holder) of any and all such
evidences of indebtedness, shares of capital stock, other securities or
property, so distributed. The Purchase Price shall be reduced to equal: (i) the
Purchase Price in effect immediately before the occurrence of any event (ii)
multiplied by a fraction, (A) the numerator of which is the number of Warrant
Shares for which this Warrant is exercisable immediately before the adjustment,
and (B) the

                                       5
<PAGE>

denominator of which is the number of Warrant Shares for which this Warrant is
exercisable immediately after the adjustment.

                  (d) MERGER, ETC. If at any time after the date hereof there
shall be a merger or consolidation of the Company with or into or a transfer of
all or substantially all of the assets of the Company to another entity, then
the Warrant Holder shall be entitled to receive upon or after such transfer,
merger or consolidation becoming effective, and upon payment of the Purchase
Price then in effect, the number of shares or other securities or property of
the Company or of the successor corporation resulting from such merger or
consolidation, which would have been received by Warrant Holder for the shares
of stock subject to this Warrant had this Warrant been exercised just prior to
such transfer, merger or consolidation becoming effective or to the applicable
record date thereof, as the case may be. The Company will not merge or
consolidate with or into any other corporation, or sell or otherwise transfer
its property, assets and business substantially as an entirety to another
corporation, unless the corporation resulting from such merger or consolidation
(if not the Company), or such transferee corporation, as the case may be, shall
expressly assume, by supplemental agreement reasonably satisfactory in form and
substance to the Warrant Holder, the due and punctual performance and observance
of each and every covenant and condition of this Warrant to be performed and
observed by the Company.

                  (e) RECLASSIFICATION, ETC. If at any time after the date
hereof there shall be a reorganization or reclassification of the securities as
to which purchase rights under this Warrant exist into the same or a different
number of securities of any other class or classes, then the Warrant Holder
shall thereafter be entitled to receive upon exercise of this Warrant, during
the period specified herein and upon payment of the Purchase Price then in
effect, the number of shares or other securities or property resulting from such
reorganization or reclassification, which would have been received by the
Warrant Holder for the shares of stock subject to this Warrant had this Warrant
at such time been exercised.

                  (f) Intentionally left blank.

         6. NO IMPAIRMENT. The Company will not, by amendment of its Certificate
of Incorporation or through any reorganization, transfer of assets,
consolidation, merger, dissolution, issue or sale of securities or any other
voluntary action, avoid or seek to avoid the observance or performance of any of
the terms of this Warrant, but will at all times in good faith assist in the
carrying out of all such terms and in the taking of all such action as may be
necessary or appropriate in order to protect the rights of the Warrant Holder
against impairment. Without limiting the generality of the foregoing, the
Company (a) will not increase the par value of any Warrant Shares above the
amount payable therefor on such exercise, and (b) will take all such action as
may be reasonably necessary or appropriate in order that the Company may validly
and legally issue fully paid and nonassessable Warrant Shares on the exercise of
this Warrant.

         7. NOTICE OF ADJUSTMENTS. Whenever the Purchase Price or number of
Shares purchasable hereunder shall be adjusted pursuant to Section 5 hereof, the

                                       6
<PAGE>

Company shall execute and deliver to the Warrant Holder a certificate setting
forth, in reasonable detail, the event requiring the adjustment, the amount of
the adjustment, the method by which such adjustment was calculated and the
Purchase Price and number of shares purchasable hereunder after giving effect to
such adjustment, and shall cause a copy of such certificate to be mailed (by
first class mail, postage prepaid) to the Warrant Holder.

         8. RIGHTS AS STOCKHOLDER. Prior to exercise of this Warrant, the
Warrant Holder shall not be entitled to any rights as a stockholder of the
Company with respect to the Warrant Shares, including (without limitation) the
right to vote such shares, receive dividends or other distributions thereon or
be notified of stockholder meetings. However, in the event of any taking by the
Company of a record of the holders of any class of securities for the purpose of
determining the holders thereof who are entitled to receive any dividend (other
than a cash dividend) or other distribution, any right to subscribe for,
purchase or otherwise acquire any shares of stock of any class or any other
securities or property, or to receive any other right, the Company shall mail to
each Warrant Holder, at least 10 Trading Days prior to the date specified
therein, a notice specifying the date on which any such record is to be taken
for the purpose of such dividend, distribution or right, and the amount and
character of such dividend, distribution or right.

         9. LIMITATION ON EXERCISE.

                  (a) Notwithstanding anything to the contrary contained herein,
this Warrant may not be exercised by the Warrant Holder to the extent that,
after giving effect to Warrant Shares to be issued pursuant to a Subscription
Notice, the total number of shares of Common Stock deemed beneficially owned by
such holder (other than by virtue of ownership of this Warrant, or ownership of
other securities that have limitations on the holder's rights to convert or
exercise similar to the limitations set forth herein), together with all shares
of Common Stock deemed beneficially owned by the holder's "affiliates" (as
defined in Rule 144 of the Act) that would be aggregated for purposes of
determining whether a group under Section 13(d) of the Securities Exchange Act
of 1934, as amended (the "EXCHANGE ACT") exists (an "AGGREGATION PARTY"), would
exceed 9.9% (the "RESTRICTED OWNERSHIP PERCENTAGE") of the total issued and
outstanding shares of the Company's Common Stock; PROVIDED that (w) the Warrant
Holder shall have the right at any time and from time to time to reduce its
Restricted Ownership Percentage immediately upon notice to the Company or in the
event of a Change in Control Transaction, (x) the Warrant Holder shall have the
right at any time and from time to time to increase its Restricted Ownership
Percentage or otherwise waive in whole or in part the restrictions of this
Section 9 upon 61 days' prior notice to the Company or immediately in the event
of a Change in Control Transaction, (y) the Warrant Holder can make subsequent
adjustments pursuant to (w) or (x) any number of times from time to time (which
adjustment shall be effective immediately if it results in a decrease in the
Restricted Ownership Percentage or shall be effective upon 61 days' prior
written notice or immediately in the event of a Change in Control Transaction if
it results in an increase in the Restricted Ownership Percentage) and (z) the
Warrant Holder may eliminate or reinstate this limitation at any time and from
time to time (which elimination will be effective upon 61 days' prior notice and
which reinstatement will be effective

                                       7
<PAGE>

immediately). Without limiting the foregoing, in the event of a Change in
Control Transaction, the Warrant Holder may reinstate immediately (in whole or
in part) the requirement that any increase in its Restricted Ownership
Percentage be subject to 61 days' prior written notice, notwithstanding such
Change in Control Transaction, without imposing such requirement on, or
otherwise changing the Warrant Holder's rights with respect to, any other Change
in Control Transaction. For this purpose, any material modification of the terms
of a Change in Control Transaction will be deemed to create a new Change in
Control Transaction. The term "DEEMED BENEFICIALLY OWNED" as used in this
Warrant shall exclude shares that might otherwise be deemed beneficially owned
by reason of the exercisability of the Warrants. A "CHANGE IN CONTROL
TRANSACTION" shall have the same meaning set forth in the Debentures.

                  (b) Each time (a "COVENANT TIME") the Warrant Holder makes a
Triggering Acquisition (as defined below) of shares of Common Stock (the
"TRIGGERING SHARES"), the Warrant Holder will be deemed to covenant that it will
not, during the balance of the day on which such Triggering Acquisition occurs,
and during the 61-day period beginning immediately after that day, acquire
additional shares of Common Stock pursuant to rights-to-acquire existing at that
Covenant Time, if the aggregate amount of such additional shares so acquired
(without reducing that amount by any dispositions) would exceed (x) the
Restricted Ownership Percentage of the number of shares of Common Stock
outstanding at that Covenant Time (including the Triggering Shares) minus (y)
the number of shares of Common Stock actually owned by the Warrant Holder at
that Covenant Time (regardless of how or when acquired, and including the
Triggering Shares). A "TRIGGERING ACQUISITION" means the giving of a
Subscription Notice or any other acquisition of Common Stock by the Warrant
Holder or an aggregation party; provided, however, that with respect to the
giving of such Subscription Notice, if the associated issuance of shares of
Common Stock does not occur, such event shall cease to be a Triggering
Acquisition and the related covenant under this paragraph shall terminate. At
each Covenant Time, the Warrant Holder shall be deemed to waive any right it
would otherwise have to acquire Common Shares to the extent that such
acquisition would violate any covenant given by the Warrant Holder under this
paragraph. For the avoidance of doubt:

                          (i) The covenant to be given pursuant to this
                  paragraph will be given at every Covenant Time and shall be
                  calculated based on the circumstances then in effect. The
                  making of a covenant at one Covenant Time shall not terminate
                  or modify any prior covenants.

                          (ii) The Warrant Holder may therefore from time to
                  time be subject to multiple such covenants, each one having
                  been made at a different Covenant Time, and some possibly
                  being more restrictive than others. The Warrant Holder must
                  comply with all such covenants then in effect.

                  (c) The delivery of a Subscription Notice by the Warrant
Holder shall be deemed a representation by the Warrant Holder that it is in
compliance with this Section 9.

                                       8
<PAGE>

         10. REPLACEMENT OF WARRANT. On receipt of evidence reasonably
satisfactory to the Company of the loss, theft, destruction or mutilation of
this Warrant and, in the case of any such loss, theft or destruction of this
Warrant, on delivery of an indemnity agreement or security reasonably
satisfactory in form and amount to the Company or, in the case of any such
mutilation, on surrender and cancellation of such Warrant, the Company at its
expense promptly will execute and deliver, in lieu thereof a new Warrant of like
tenor.

         11. SPECIFIC PERFORMANCE; CONSENT TO JURISDICTION; CHOICE OF LAW.

                  (a) The Company and the Warrant Holder acknowledge and agree
that irreparable damage would occur in the event that any of the provisions of
this Warrant were not performed in accordance with their specific terms or were
otherwise breached. It is accordingly agreed that the parties shall he entitled
to an injunction or injunctions to prevent or cure breaches of the provisions of
this Warrant and to enforce specifically the terms and provisions hereof, this
being in addition to any other remedy to which either of them may be entitled by
law or equity.

                  (b) Each of the Company and the Warrant Holder (i) hereby
irrevocably submits to the exclusive jurisdiction of the state and federal
courts located in New York County, New York for the purposes of any suit, action
or proceeding arising out of or relating to this warrant and (ii) hereby waives,
and agrees not to assert in any such suit, action or proceeding, any claim that
it is not personally subject to the jurisdiction of such court, that the suit,
action or proceeding is brought in an inconvenient forum or that the venue of
the suit, action or proceeding is improper. Each of the Company and the Warrant
Holder consents to process being served in any such suit, action or proceeding
by mailing a copy thereof to such party at the address in effect for notices to
it under this Warrant and agrees that such service shall constitute good and
sufficient service of process and notice thereof. Nothing in this paragraph
shall affect or limit any right to serve process in any other manner permitted
by applicable law.

                  (c) The Company and the Warrant Holder irrevocably waive their
right to trial by jury.

                  (d) This Warrant shall be governed by and construed and
enforced in accordance with the internal laws of the State of New York
applicable to contracts executed and to be performed entirely within such State.

         12. ENTIRE AGREEMENT; AMENDMENTS. This Warrant, the Exhibits hereto and
the provisions contained in the Agreement or the Registration Rights Agreement
or the Debentures contain the entire understanding of the parties with respect
to the matters covered hereby and thereby and, except as specifically set forth
herein and therein, neither the Company nor the Warrant Holder makes any
representation, warranty, covenant or undertaking with respect to such matters.
No provision of this Agreement may be waived or amended other than by a written
instrument signed by the party against whom enforcement of any such amendment or
waiver is sought.

                                       9
<PAGE>

13.  NOTICES. Any notice or other communication required or permitted to be
given hereunder shall be in writing and shall be effective (a) upon hand
delivery or delivery by telex (with correct answer back received), telecopy
or facsimile at the address or number designated below (if delivered on a
business day during normal business hours where such notice is to be
received), or the first business day following such delivery (if delivered
other than on a business day during normal business hours where such notice
is to be received) or (b) on the second business day following the date of
mailing by express courier service, fully prepaid, addressed to such address,
or upon actual receipt of such mailing, whichever shall first occur. The
addresses for such communications shall be:

                  to the Company:

                            Advanced Communications Group, Inc.
                            390 Woods Mill Road, Suite 150
                            St. Louis, MO 63017
                            Attention: Michael Pruss
                            Facsimile: (314) 469-3539

                  with copies to:

                            Haynes and Boone, LLP
                            901 Main Street, Suite 3100
                            Dallas, Texas  75202
                            Attention:  Paul H. Amiel, Esq.
                            Facsimile:  (214) 200-0555

                                       10
<PAGE>

                  to the Warrant Holder:

                            Elliott Associates, L.P.
                            712 Fifth Avenue
                            New York, NY  10019
                            Attention:  Brett Cohen
                            Facsimile:  (212) 974-2092

                  with copies to:

                            Kleinberg, Kaplan, Wolff & Cohen, P.C.
                            551 Fifth Avenue, 18th Floor
                            New York, New York  10176
                            Attention:  Stephen M. Schultz, Esq.
                            Facsimile:  (212) 986-8866

Either party hereto may from time to time change its address for notices under
this Section 13 by giving at least 10 days' prior written notice of such changed
address to the other party hereto.

         14. MISCELLANEOUS. This Warrant and any term hereof may be changed,
waived, discharged or terminated only by an instrument in writing signed by the
party against which enforcement of such change, waiver, discharge or termination
is sought. The headings in this Warrant are for purposes of reference only, and
shall not limit or otherwise affect any of the terms hereof. The invalidity or
unenforceability of any provision hereof shall in no way affect the validity or
enforceability of any other provision.

         15. ASSIGNMENT. Subject to Section 4(B),this Warrant may be transferred
or assigned, in whole or in part, at any time and from time to time by the then
Warrant Holder by submitting this Warrant to the Company together with a duly
executed Assignment in substantially the form and substance of the Form of
Assignment which accompanies this Warrant and, upon the Company's receipt
hereof, and in any event, within three (3) business days thereafter, the Company
shall issue a Warrant to the Warrant Holder to evidence that portion of this
Warrant, if any, as shall not have been so transferred or assigned.

                            [SIGNATURE PAGE FOLLOWS]

                                       11
<PAGE>

Dated:   February 23, 2000

                       ADVANCED COMMUNICATIONS GROUP, INC.

                       By:     /s/
                          -------------------------------------
                           Name:
                           Title:

[CORPORATE SEAL]

Attest:

By:    /s/
   --------------------------

             (SIGNATURE PAGE OF ADVANCED COMMUNICATIONS GROUP, INC.
                         COMMON STOCK PURCHASE WARRANT)

                                       12
<PAGE>

                              (SUBSCRIPTION NOTICE)
                            FORM OF WARRANT EXERCISE
                   (TO BE SIGNED ONLY ON EXERCISE OF WARRANT)

TO:               ADVANCED COMMUNICATIONS GROUP, INC.
ATTN:             SECRETARY

         The undersigned, the holder of the within Warrant, hereby irrevocably
elects to exercise this Warrant:

___ (A)           for, and to purchase thereunder,______________ shares of
                  Common Stock of Advanced Communications Group, Inc., a
                  Delaware corporation (the "Common Stock"), and herewith, or
                  by wire transfer, makes payment of $____________ therefor; or

___ (B)           in a "cashless" or "net-issue exercise" for, and to purchase
                  thereunder, ______________ shares of Common Stock, and
                  herewith makes payment therefor with ____________ Surrendered
                  Warrant Shares.

The undersigned requests that the certificates for such shares be issued in the
name of, and

___ (A)           delivered to ____________, whose address is ____________ ; or

___ (B)           electronically transmitted and credited to the account
                  of __________________ , undersigned's prime broker (Account
                  No._______________) with Depository Trust Company through its
                  Deposit Withdrawal Agent Commission system.

Dated:_____________                    _______________________________________
                                       (Signature must conform to name of
                                       holder as specified on the face of the
                                       Warrant)

                                       _______________________________________
                                                      (Address)

                                       Tax Identification Number: ____________

                                       13
<PAGE>

                               FORM OF ASSIGNMENT
                   (TO BE SIGNED ONLY ON TRANSFER OF WARRANT)

For value received, the undersigned hereby sells, assigns, and transfers unto
______________ the right represented by the within Warrant to purchase
_________________ shares of Common Stock of ADVANCED COMMUNICATIONS GROUP, INC.,
a Delaware corporation, to which the within Warrant relates, and appoints
__________________ Attorney to transfer such right on the books of ADVANCED
COMMUNICATIONS GROUP, INC., a Nevada corporation, with full power of
substitution of premises.

Dated:_____________                                  ___________________________
                                                     (Signature must conform to
                                                     name of holder as specified
                                                     on the face of the Warrant)

                                                     ___________________________
                                                              (Address)

Signed in the presence of:

__________________________________

                                       14

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