Document:

EXHIBIT 10.2

                          REGISTRATION RIGHTS AGREEMENT

                  REGISTRATION RIGHTS AGREEMENT, dated as of May 16, 2001, by
and between SAVVIS COMMUNICATIONS CORPORATION, a Delaware corporation (the
"Company"), REUTERS HOLDINGS SWITZERLAND SA, a societe anonyme organized under
the laws of Switzerland ("Reuters").

                              W I T N E S S E T H:

                  WHEREAS, Reuters and Savvis are parties to a Securities
Purchase Agreement, dated as of May 16, 2001 (the "Purchase Agreement"),
pursuant to which Savvis desires to sell to Reuters, its successors and
permitted assigns up to $45,000,000 aggregate principal amount of 12%
Convertible Senior Notes of Savvis convertible into a number of shares of common
stock or convertible preferred stock determined in accordance with Section 15
thereof (the "Savvis Common Shares");

                  WHEREAS, in order to induce Reuters to enter into the Purchase
Agreement and consummate the transactions contemplated thereby, Savvis has
agreed to grant Reuters certain registration rights with respect to the Savvis
Common Shares as set forth herein;

                  NOW, THEREFORE, the parties hereto agree as follows:

                  SECTION  1.   Certain   Definitions.   For  purposes  of  this
Agreement, the following terms have the meanings set forth below:

                  "Commission" means the Securities and Exchange Commission, or
         any other federal agency at the time administering the Securities Act.

                  "Exchange Act" means the Securities Exchange Act of 1934 or
         any successor federal statute, and the rules and regulations of the
         Commission thereunder, all as the same shall be in effect at the time.

                  "Restricted Stock" means, at any time, the Savvis Common
         Shares and any shares of Savvis common stock issuable upon or issuable
         with respect to the Savvis Common Shares by way of stock dividend or
         stock split or in connection with a combination of shares,
         recapitalization, merger, consolidation or other reorganization or
         otherwise, in each case only so long as such shares have not been sold
         to the public pursuant to an effective registration statement under, or
         pursuant to Rule 144 under, the Securities Act.

                  "Securities Act" means the Securities Act of 1933 (or any
         successor federal statute) and the rules and regulations of the
         Commission thereunder, as the same shall be in effect at the time.

                  "Transfer" means, with respect to any Restricted Stock, the
         sale, transfer, assignment, pledge, encumbrance, distribution or other
         disposition of such securities.

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           SECTION 2. Transfers of Restricted Stock.

           (a) Notice of Transfer. If Reuters shall Transfer any shares of
Restricted Stock, notice of which Transfer is not otherwise required to be
delivered to Savvis hereunder, then within three days following the consummation
of such Transfer, Reuters shall deliver notice thereof to Savvis.

           (b) Securities Law Compliance. Reuters agrees that it will not effect
any Transfer of any shares of Restricted Stock unless such Transfer is made
pursuant to an effective registration statement under the Securities Act or
pursuant to an exemption from, or in a transaction not subject to, the
registration requirements of the Securities Act (and, in either case, in
compliance with all applicable state securities laws). Savvis agrees, and
Reuters understands and consents, that Savvis will not cause or permit the
Transfer of any shares of Restricted Stock to be made on its books (or on any
register of securities maintained on its behalf) unless the Transfer is
permitted by, and has been made in accordance with, (x) the terms of this
Agreement and (y) all applicable federal and state securities laws. Reuters
agrees that in connection with any Transfer of Restricted Stock that is not made
pursuant to a registered public offering, Savvis may request an opinion of legal
counsel reasonably acceptable to Savvis (it being agreed that Weil, Gotshal &
Manges LLP shall be satisfactory) stating that such transaction is exempt from
registration under all applicable laws; provided, however, that no such opinion
shall be required in the case of a transfer by Reuters to its affiliates or, if
any such entity is a partnership or limited liability company, a transfer by
Reuters or its affiliates to its partners or members.

           (c) Securities Act Legend For Certificates. From and after the date
hereof (and until such time as such securities have been sold to the public
pursuant to an effective registration statement under the Securities Act or
pursuant to Rule 144 or the holder of such securities shall have requested the
issuance of new certificates in writing and delivered to Savvis an opinion of
legal counsel reasonably acceptable to Savvis (it being agreed that Weil,
Gotshal & Manges LLP shall be satisfactory), all certificates representing
shares of Restricted Stock that are held by Reuters shall bear a legend which
shall state the following:

         "THE SHARES EVIDENCED BY THIS CERTIFICATE HAVE NOT BEEN REGISTERED
         UNDER THE SECURITIES ACT OF 1933, AS AMENDED, NOR ANY APPLICABLE STATE
         LAW, AND NO INTEREST HEREIN MAY BE OFFERED, SOLD, ASSIGNED,
         DISTRIBUTED, PLEDGED OR OTHERWISE TRANSFERRED UNLESS (A) THERE IS AN
         EFFECTIVE REGISTRATION STATEMENT WITH RESPECT THERETO UNDER SAID ACT
         AND LAWS OR (B) SUCH TRANSACTION IS EXEMPT FROM SUCH REGISTRATION."

           SECTION 3. Registration Rights.

           (a) Demand Registration Rights. Subject to paragraph (j) below, if
Savvis shall at any time be requested by Reuters, in a writing that states the
number of shares of Restricted Stock to be sold and the intended method of
disposition thereof (each such written request, a "Demand Notice"), to effect a
registration under the Securities Act of all or any portion of the Restricted
Stock then held by such requesting Reuters, Savvis shall use its reasonable best
efforts

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to register under the Securities Act (each such registration, a "Demand
Registration"), for public sale in accordance with the method of disposition
specified in such Demand Notice, the number of shares of Restricted Stock
specified in such Demand Notice. Savvis shall not be obligated pursuant to this
paragraph (a) to file and cause to become effective more than two Demand
Registrations.

           (b) Additional Short-Form Registration Rights. If Savvis becomes
eligible to use Form S-3 or a successor form, Savvis shall use its reasonable
best efforts to continue to qualify at all times for registration on Form S-3 or
such successor form. Subject to paragraph (j) below, if (x) Savvis is eligible
to register shares of Savvis Common Stock on Form S-3 or a successor form and
(y) it is requested by Reuters, in a writing that states the number of shares of
Restricted Stock to be sold and the intended method of disposition thereof (each
such written request, a "Short Form Registration Notice"), to effect a
registration on Form S-3 or such successor form (a "Short Form Registration") of
all or any portion of the Restricted Stock then held by Reuters , Savvis shall
use its reasonable best efforts to register on Form S-3 or such successor form,
for public sale in accordance with the method of disposition specified in such
Short Form Registration Notice, the number of shares of Restricted Stock
specified therein within 30 days); provided, Reuters shall not have the right to
request a Short Form Registration unless the proposed aggregate net proceeds
(which shall be specified in the Short Form Registration Request delivered in
connection therewith) exceeds $5,000,000.

           (c) Certain Provisions Relating to Required Registrations.
Notwithstanding anything to the contrary contained in this Agreement, Savvis
shall not be obligated to effect any registration under paragraph (a) or (b)
above except in accordance with the following provisions:

           (i)  the obligations of Savvis under paragraph (a) or (b) above, as
      the case may be, to effect a registration shall be deemed satisfied only
      when a registration statement covering all of the shares of Restricted
      Stock specified in the applicable Demand Notice or Short Form Registration
      Notice, as the case may be, for sale in accordance with the intended
      method of disposition specified by Reuters, shall have become effective
      and, if such method of disposition is a firm commitment underwritten
      public offering, all such shares of Restricted Stock shall have been sold
      pursuant thereto;

           (ii) so long as Savvis has provided written notice of a prior
      registration statement to Reuters in compliance with paragraph (d) below,
      Savvis shall not be obligated under paragraph (a) or (b) above to file and
      cause to become effective any registration statement so long as such prior
      registration statement (other than a registration statement on Form S-4 or
      Form S-8 promulgated under the Securities Act (or any successor forms
      thereto) or any other form not available for registering the Restricted
      Stock for sale to the public) pursuant to which shares of common stock of
      Savvis are to be (or were to be) sold to the public was filed prior to the
      delivery of the applicable Demand Notice or Short Form Registration
      Notice, as the case may be (and such prior registration statement has not
      been withdrawn); provided, Savvis shall not be permitted to delay a
      requested registration under paragraph (a) or (b) above in reliance on
      this paragraph (c)(ii) more than 180 days following the effective date of
      such prior registration statement;

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           (iii) if the proposed method of disposition specified by Reuters
      shall be an underwritten public offering, the number of shares of
      Restricted Stock to be included in such an offering may be reduced if and
      to the extent that, in the good faith opinion of the managing underwriter
      of such offering, inclusion of all shares would adversely affect the
      marketing (including, without limitation, the offering price) of the
      Restricted Stock to be sold;

           (iv)  in the event that the proposed method of disposition specified
      by Reuters shall be an underwritten public offering, Reuters shall choose
      the managing underwriter (which shall be a nationally recognized
      investment banking firm reasonably acceptable to Savvis;

           (v)   Savvis shall be entitled to include in any registration
      referred to in paragraph (a) or (b) above, as the case may be, for sale
      in accordance with the method of disposition specified by Reuters,
      shares of common stock of Savvis to be sold by Savvis for its own
      account, except as and to the extent that, in the opinion of the
      managing underwriter of such offering (if such method of disposition
      shall be an underwritten public offering), such inclusion would
      adversely affect the marketing (including, without limitation, the
      offering price) of the Restricted Stock to be sold;

           (vi)  except as provided in paragraph (c)(v) above, Savvis will not
      effect any other registration of its common stock, whether for its own
      account or that of other holder(s) of common stock of Savvis, from the
      date of receipt of a Demand Notice or the date of receipt of a Short Form
      Registration Notice, as the case may be, until the completion of the
      period of distribution of the registration contemplated thereby;

           (vii) if, while a registration is pending, Savvis determines in good
      faith that the filing of a registration statement would require the
      disclosure of a material transaction or another set of material facts and
      such disclosure would either have a material adverse effect on such
      material transaction or Savvis and its subsidiaries (taken as a whole),
      then Savvis shall not be required to effect a registration pursuant to
      paragraph (a) or (b) above, as the case may be, until the earlier of (A)
      the date upon which such material information is otherwise disclosed to
      the public or ceases to be material and (B) 90 days after Savvis makes
      such good faith determination; provided, Savvis shall not be permitted to
      delay a requested registration under paragraph (a) or (b) above in
      reliance on this paragraph (c)(viii) more than twice or for more than an
      aggregate of 90 days in any consecutive twelve-month period.

           (d) Piggyback Registration Rights. If at any time Savvis proposes to
register any of its common stock under the Securities Act for sale to the
public, whether for its own account or for the account of other security holders
or both (other than a registration on Form S-4 or Form S-8 promulgated under the
Securities Act (or any successor forms thereto) or any other form not available
for registering the Restricted Stock for sale to the public), it will give
written notice (each such notice a "Piggyback Notice") at such time to Reuters
of its intention to do so. Subject to paragraph (j) below, upon the written
request of Reuters, given within 30 days after

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receipt by such holder of the Piggyback Notice, to register any of its
Restricted Stock (which request shall state the amount of Restricted Stock to be
so registered and the intended method of disposition thereof), Savvis will use
its reasonable best efforts to cause the Restricted Stock, as to which
registration shall have been so requested, to be included in the securities to
be covered by the registration statement proposed to be filed by Savvis, all to
the extent requisite to permit the sale or other disposition by Reuters (in
accordance with its written request) of such Restricted Stock so registered;
provided, nothing herein shall prevent Savvis from abandoning or delaying such
registration at any time. In the event that any registration referred to in this
paragraph (d) shall be, in whole or in part, an underwritten public offering of
common stock of Savvis, any request by Reuters pursuant to this paragraph (d) to
register Restricted Stock shall specify either that (i) such Restricted Stock is
to be included in the underwriting on the same terms and conditions as the
shares of Savvis common stock otherwise being sold through underwriters under
such registration or (ii) such Restricted Stock is to be sold in the open market
without any underwriting, on terms and conditions comparable to those normally
applicable to offerings of common stock in reasonably similar circumstances. The
number of shares of Restricted Stock to be included in such an underwritten
offering may be reduced (pro rata among all requesting stockholders based on the
number of shares of common stock of Savvis so requested to be registered) if,
and to the extent that the managing underwriter of such offering shall be of the
good faith opinion that, such inclusion would adversely affect the marketing
(including, without limitation, the offering price) of the securities to be sold
by Savvis therein, or by the other security holders for whose benefit the
registration statements has been filed.

           (e) Holdback Agreement. Notwithstanding anything to the contrary
contained in this Agreement, (i) if there is a firm commitment underwritten
public offering of securities of Savvis pursuant to a registration covering
Restricted Stock and Reuters does not elect to sell its Restricted Stock to the
underwriters of Savvis's securities in connection with such offering, Reuters
shall refrain from selling such Restricted Stock during the period of
distribution of Savvis's securities by such underwriters and the period in which
the underwriting syndicate participates in the after market; provided, Reuters
shall, in any event, be entitled to sell its Restricted Stock commencing on the
180th day after the effective date of such registration statement; and (ii) if
there is a firm commitment underwritten public offering of securities of Savvis
by Savvis, Reuters agrees that, except to the extent otherwise permitted to
participate in such offering pursuant to paragraph (d) above, upon the request
of the managing underwriter in such offering, Reuters shall not sell Savvis
Common Stock held by Reuters for a period of 180 days from the effective date of
the registration statement relating thereto.

           (f) Certain Registration Procedures. If and whenever Savvis is
required by the provisions of this Section 3 to use its reasonable best efforts
to effect the registration of Restricted Stock under the Securities Act, Savvis
will, as expeditiously as possible:

           (i) prepare (and afford counsel for the selling Reuters reasonable
      opportunity to review and comment thereon) and file with the Commission a
      registration statement with respect to such securities and use its
      reasonable best efforts to cause such registration statement to become and
      remain effective for the period of the distribution contemplated thereby
      (determined as hereinafter provided);

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           (ii) prepare (and afford counsel for the selling Reuters reasonable
      opportunity to review and comment thereon) and file with the Commission
      such amendments and supplements to such registration statement and the
      prospectus used in connection therewith as may be necessary to keep such
      registration statement effective for the period of distribution
      contemplated thereby (determined as hereinafter provided) and as comply
      with the provisions of the Securities Act with respect to the disposition
      of all Restricted Stock covered by such registration statement in
      accordance with Reuters' intended method of disposition set forth in such
      registration statement for such period;

           (iii) furnish to Reuters and to each underwriter such number of
      copies of the registration statement and the prospectus included therein
      (including, without limitation, each preliminary prospectus) as such
      persons may reasonably request in order to facilitate the public sale or
      other disposition of the Restricted Stock covered by such registration
      statement;

           (iv) use its reasonable best efforts to register or qualify the
      Restricted Stock covered by such registration statement under the
      securities or blue sky laws of such jurisdictions as the sellers of
      Restricted Stock or, in the case of an underwritten public offering, the
      managing underwriter, shall reasonably request; provided, Savvis will not
      be required to (x) qualify generally to do business in any jurisdiction
      where it would not otherwise be required to qualify but for this paragraph
      (iv), (y) subject itself to taxation in any such jurisdiction or (z)
      consent to general service of process in any jurisdiction;

           (v) immediately notify Reuters and each underwriter, at any time when
      a prospectus relating thereto is required to be delivered under the
      Securities Act, of the happening of any event as a result of which the
      prospectus contained in such registration statement, as then in effect,
      includes an untrue statement of a material fact or omits to state any
      material fact required to be stated therein or necessary to make the
      statements therein not misleading in the light of the circumstances then
      existing, and Reuters agrees to refrain from further using such prospectus
      upon receipt of such notice;

           (vi) use its reasonable best efforts (if the offering is
      underwritten) to furnish, at the request of Reuters, on the date that
      Restricted Stock is delivered to the underwriters for sale pursuant to
      such registration: (A) an opinion dated such date of counsel representing
      Savvis for the purposes of such registration, addressed to the
      underwriters and to Reuters, stating that such registration statement has
      become effective under the Securities Act and that (1) to the best
      knowledge of such counsel, no stop order suspending the effectiveness
      thereof has been issued and no proceedings for that purpose have been
      instituted or are pending or contemplated under the Securities Act, (2)
      the registration statement, the related prospectus, and each amendment or
      supplement thereof, comply as to form in all material respects with the
      requirements of the Securities Act and the applicable rules and
      regulations of the Commission thereunder (except that such counsel need
      express no opinion as to financial statements, the notes thereto, and the
      financial schedules and other financial and statistical data contained
      therein) and (3) to such other effects as may reasonably be requested by
      counsel for the underwriters or by

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      Reuters or its counsel, and (B) a letter dated such date from the
      independent public accountants retained by Savvis, addressed to the
      underwriters, stating that they are independent public accountants within
      the meaning of the Securities Act and that, in the opinion of such
      accountants, the financial statements of Savvis included in the
      registration statement or the prospectus, or any amendment or supplement
      thereof, comply as to form in all material respects with the applicable
      accounting requirements of the Securities Act, and such letter shall
      additionally cover such other financial matters (including, without
      limitation, information as to the period ending no more than five business
      days prior to the date of such letter) with respect to the registration in
      respect of which such letter is being given as such underwriters or such
      selling Investor may reasonably request; and

           (vii) make available for inspection by Reuters, any underwriter
      participating in any distribution pursuant to such registration statement,
      and any attorney, accountant or other agent retained by Reuters or
      underwriter, all financial and other records, pertinent corporate
      documents and properties of Savvis, and cause Savvis's officers, directors
      and employees to supply all information reasonably requested by Reuters,
      underwriter, attorney, accountant or agent in connection with such
      registration statement and permit Reuters or such, attorney, accountant or
      agent to participate in the preparation of such registration statement.

For purposes of paragraphs (f)(i) and (f)(ii) above (as well as paragraphs
(c)(vi) and(e) above), the "period of distribution" of Restricted Stock in a
firm commitment underwritten public offering shall be deemed to extend until
each underwriter has completed the distribution of all securities purchased by
it, and the period of distribution of Restricted Stock in any other registration
shall be deemed to extend until the sale of all Restricted Stock covered
thereby, but in either case, such period shall not extend beyond the 180th day
(or, in the case of paragraph (c)(vi) above, the 90th day) after the effective
date of the registration statement filed in connection therewith.

           (g) Information From Reuters. In connection with each registration
hereunder, Reuters will furnish to Savvis in writing such information with
respect to themselves and the proposed distribution by them as shall be
reasonably necessary in order to assure compliance with federal and applicable
state securities laws.

           (h) Underwriting Agreement. In connection with any registration
pursuant to this Section 3 that covers an underwritten public offering, Savvis
and Reuters each agree to enter into a written agreement with the managing
underwriter selected in the manner herein provided in such form and containing
such provisions as are customary in the securities business for such an
arrangement between major underwriters, selling stockholders and companies of
Savvis' size and investment stature; provided, (i) such agreement shall not
contain any such provision applicable to Savvis which is inconsistent with the
provisions hereof and (ii) the time and place of the closing under said
agreement shall be as mutually agreed upon among Savvis such managing
underwriter and Reuters.

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           (i) Expenses. Savvis will pay all Registration Expenses incurred in
complying with Section 3 of this Agreement. All Selling Expenses incurred in
connection with any registered offering of securities that, pursuant to this
Section 3, includes Restricted Stock, shall be borne by the participating
sellers in proportion to the number of shares sold by each, or by such persons
other than Savvis (except to the extent Savvis shall be a seller) as they may
agree. All expenses incident to performance of or compliance by Savvis with
Section 3 hereof, including, without limitation, all Commission, stock exchange
or National Association of Securities Dealers, Inc. ("NASD") registration and
filing fees (including, without limitation, fees and expenses incurred in
connection with the listing of the common stock of Savvis on any securities
exchange or exchanges), printing, distribution and related expenses, fees and
disbursements of counsel and independent public accountants for Savvis, all fees
and expenses incurred in connection with compliance with state securities or
blue sky laws and the rules of the NASD or any securities exchange, transfer
taxes and fees of transfer agents and registrars, but excluding any Selling
Expenses, are herein called "Registration Expenses". All underwriting discounts
and selling commissions applicable to the sale of Restricted Stock are herein
called "Selling Expenses".

           (j) Availability of Rule 144(k). Reuters agrees that during any
period in which Reuters is eligible to sell all of its shares of Restricted
Stock pursuant to Rule 144(k), Reuters shall not be entitled to invoke or
otherwise participate with respect to the registration rights granted pursuant
to paragraphs (a), (b) and (d) above.

           SECTION 4. Indemnification Rights and Obligations In Respect of
Registered Offerings of Restricted Stock.

           (a) Savvis Indemnification of Reuters. In the event of a registration
of any of the Restricted Stock under the Securities Act pursuant to Section 3 of
this Agreement, Savvis will indemnify and hold harmless each seller of
Restricted Stock thereunder and each other person, if any, who controls such
seller within the meaning of the Securities Act, against any losses, claims,
damages or liabilities, joint or several, (or actions in respect thereof) to
which such seller or controlling person may become subject under the Securities
Act or otherwise, insofar as such losses, claims, damages or liabilities (or
actions in respect thereof) arise out of or are based upon any untrue statement
or alleged untrue statement of any material fact contained in any registration
statement under which such Restricted Stock was registered under the Securities
Act, any preliminary prospectus or final prospectus contained therein, or any
amendment or supplement thereof, or arise out of or are based upon the omission
or alleged omission to state therein a material fact required to be stated
therein or necessary to make the statements therein not misleading, and will
reimburse each such seller and each such controlling person for any legal or
other expenses reasonably incurred by them in connection with investigating or
defending any such loss, claim, damage, liability or action; provided, Savvis
will not be liable in any such case if and to the extent that any such loss,
claim, damage, liability or action arises out of or is based upon an untrue
statement or alleged untrue statement or omission or alleged omission so made in
conformity with information furnished by such seller or such controlling person
in writing specifically for use in such registration statement or prospectus.

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           (b) Reuters' Indemnification of Savvis and the Other Selling
Stockholders. In the event of a registration of any of the Restricted Stock
under the Securities Act pursuant to Section 3 of this Agreement, each seller of
such Restricted Stock thereunder, severally and not jointly, will indemnify and
hold harmless Savvis and each person, if any, who controls Savvis within the
meaning of the Securities Act, each officer of Savvis who signs the registration
statement, each director of Savvis, each underwriter and each person who
controls any underwriter within the meaning of the Securities Act, and each
other seller of Restricted Stock and each person who controls any such other
seller of Restricted Stock, against all losses, claims, damages or liabilities,
joint or several, (or actions in respect thereof) to which Savvis or such
officer or director or underwriter or other seller or controlling person may
become subject under the Securities Act or otherwise, insofar as such losses,
claims, damages or liabilities (or actions in respect thereof) arise out of or
are based upon any untrue statement or alleged untrue statement of any material
fact contained in the registration statement under which such Restricted Stock
was registered under the Securities Act, any preliminary prospectus or final
prospectus contained therein, or any amendment or supplement thereof, or arise
out of or are based upon the omission or alleged omission to state therein a
material fact required to be stated therein or necessary to make the statements
therein not misleading, and will reimburse Savvis and each such officer,
director, underwriter, other seller of Restricted Stock and controlling person
for any legal or other expenses reasonably incurred by them in connection with
investigating or defending any such loss, claim, damage, liability or action;
provided, such seller will be liable hereunder in any such case if and only to
the extent that any such loss, claim, damage, liability or action arises out of
or is based upon an untrue statement or alleged untrue statement or omission or
alleged omission made in reliance upon and in conformity with information
pertaining to such seller, as such, furnished in writing to Savvis by such
seller specifically for use in such registration statement or prospectus;
provided, further, the liability of each seller hereunder shall be limited to
the proportion of any such loss, claim, damage, liability or expense which is
equal to the proportion that the public offering price of shares sold by such
seller under such registration statement bears to the total public offering
price of all securities sold thereunder, but not to exceed the proceeds (net of
underwriting discounts and commissions) received by such seller from the sale of
Restricted Stock covered by such registration statement.

           (c) Indemnification Procedures. Promptly after receipt by an
indemnified party hereunder of notice of the commencement of any action, such
indemnified party shall, if a claim in respect thereof is to be made against the
indemnifying party hereunder, notify the indemnifying party in writing thereof,
but the omission so to notify the indemnifying party shall not relieve it from
any liability which it may have to any indemnified party other than under this
Section 4. In case any such action shall be brought against any indemnified
party and it shall notify the indemnifying party of the commencement thereof,
the indemnifying party shall be entitled to participate in and, to the extent it
shall wish, to assume and undertake the defense thereof with counsel
satisfactory to such indemnified party, and, after notice from the indemnifying
party to such indemnified party of its election so to assume and undertake the
defense thereof, the indemnifying party shall not be liable to such indemnified
party under this Section 4 for any legal expenses subsequently incurred by such
indemnified party in connection with the defense thereof other than reasonable
costs of investigation and of liaison with counsel so selected; provided, if the
defendants in any such action include both the indemnified party and the
indemnifying party and the indemnified party shall have reasonably concluded
that there may

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be reasonable defenses available to it which are different from or additional to
those available to the indemnifying party, or if the interests of the
indemnified party reasonably may be deemed to conflict with the interests of the
indemnifying party, the indemnified party shall have the right to select a
separate counsel and to assume such legal defenses and otherwise to participate
in the defense of such action, with the expenses and fees of such separate
counsel and other expenses related to such participation to be reimbursed by the
indemnifying party as incurred. Notwithstanding the foregoing, any indemnified
party shall have the right to retain its own counsel in any such action, but the
fees and disbursements of such counsel shall be at the expense of such
indemnified party unless (i) the indemnifying party shall have failed to retain
counsel for the indemnified person as aforesaid or (ii) the indemnifying party
and such indemnified party shall have mutually agreed to the retention of such
counsel. It is understood that the indemnifying party shall not, in connection
with any action or related actions in the same jurisdiction, be liable for the
fees and disbursements of more than one separate firm qualified in such
jurisdiction to act as counsel for the indemnified party. The indemnifying party
shall not be liable for any settlement of any proceeding effected without its
written consent, but if settled with such consent or if there be a final
judgment for the plaintiff, the indemnifying party agrees to indemnify the
indemnified party from and against any loss or liability by reason of such
settlement or judgment. The indemnification of underwriters provided for in this
Section 4 shall be on such other terms and conditions as are at the time
customary and reasonably required by such underwriters. In that event the
indemnification of the sellers of Restricted Stock in such underwriting shall at
the sellers' request be modified to conform to such terms and conditions.

           (d) Contribution. If the indemnification provided for in paragraphs
(a) and (b) of this Section 4 is unavailable or insufficient to hold harmless an
indemnified party under such paragraphs in respect of any losses, claims,
damages or liabilities or actions in respect thereof referred to therein, then
each indemnifying party shall in lieu of indemnifying such indemnified party
contribute to the amount paid or payable by such indemnified party as a result
of such losses, claims, damages, liabilities or actions in such proportion as
appropriate to reflect the relative fault of Savvis, on the one hand, and the
underwriters and the sellers of such Restricted Stock, on the other, in
connection with the statements or omissions which resulted in such losses,
claims, damages, liabilities or actions as well as any other relevant equitable
considerations, including, without limitation, the failure to give any notice
under paragraph (c) above. The relative fault shall be determined by reference
to, among other things, whether the untrue or alleged untrue statement of a
material fact relates to information supplied by Savvis, on the one hand, or the
underwriters and the sellers of such Restricted Stock, on the other, and to the
parties' relative intent, knowledge, access to information and opportunity to
correct or prevent such statement or omission. Savvis and each of you agree that
it would not be just and equitable if contributions pursuant to this paragraph
were determined by pro rata allocation (even if all of the sellers of such
Restricted Stock were treated as one entity for such purpose) or by any other
method of allocation which did not take account of the equitable considerations
referred to above in this paragraph. The amount paid or payable by an
indemnified party as a result of the losses, claims, damages, liabilities or
action in respect thereof, referred to above in this paragraph, shall be deemed
to include any legal or other expenses reasonably incurred by such indemnified
party in connection with investigating or defending any such action or claim.
Notwithstanding the provisions of this paragraph, the sellers of such Restricted
Stock shall not be required to contribute any amount in excess of the amount, if
any, by which the total price at which the

                                       10

<PAGE>

Restricted Stock sold by each of them was offered to the public exceeds the
amount of any damages which they would have otherwise been required to pay by
reason of such untrue or alleged untrue statement or omission. No person guilty
of fraudulent misrepresentations (within the meaning of Section 11(f) of the
Securities Act), shall be entitled to contribution from any person who is not
guilty of such fraudulent misrepresentation.

           SECTION 5. Rule 144. Savvis has filed and agrees with the Reuters
that from and after the date hereof it shall continue to file any and all
reports required to be filed by it under the Securities Act and the Exchange Act
and the rules and regulations adopted by the Commission thereunder, or, if
Savvis is not required to file any such reports, it shall, upon the written
request of Reuters, make publicly available such information as is necessary to
permit sales pursuant to Rule 144 under the Securities Act. Upon the written
request of Reuters, Savvis shall promptly furnish to Reuters a written statement
by Savvis as to its compliance with the reporting requirements set forth in this
Section 5.

           SECTION 6. Duration of Agreement. This Agreement shall survive so
long as Reuters owns Restricted Stock.

           SECTION 7. Representations and Warranties. Each party hereto,
severally and not jointly, represents and warrants to the other parties hereto
as follows:

           (i) such party has the corporate or partnership power and authority,
       as the case may be, to execute and deliver this Agreement and to perform
       its obligations hereunder. The execution, delivery and performance by
       such party of this Agreement have been duly authorized by all requisite
       corporate or partnership action, as the case may be, on the part of such
       party and will not (i) violate any provision of law, any order of any
       court or other agency of government, the charter and other organizational
       documents of such party, or any provision of any indenture, agreement or
       other instrument by which such party or any of such party's properties or
       assets is bound; (ii) conflict with, result in a breach of or constitute
       (with due notice or lapse of time or both) a default under any such
       indenture, agreement or other instrument; or (iii) result in the creation
       or imposition of any lien, charge or encumbrance of any nature upon any
       of the properties or assets of such party; and

           (ii) this Agreement has been duly executed and delivered by such
       party and constitutes a legal, valid and binding agreement of such party,
       enforceable against such party in accordance with its terms, subject, as
       to enforcement of remedies, to applicable bankruptcy, insolvency,
       reorganization, moratorium and similar laws from time to time in effect
       affecting the enforcement of creditors' rights generally and to general
       principles of equity.

                                       11

<PAGE>

           SECTION 8. Miscellaneous.

           (a) Additional Registration Rights. Without the consent of Reuters,
Savvis shall not grant any registration rights to any other person that are
senior to or inconsistent or conflict with the registration rights granted
hereunder.

           (b) Headings. Headings of sections and paragraphs of this Agreement
are inserted for convenience of reference only and shall not affect the
interpretation or be deemed to constitute a part hereof.

           (c) Severability. In the event that any one or more of the provisions
contained in this Agreement or in any other instrument referred to herein shall,
for any reason, be held to be invalid, illegal or unenforceable, such
invalidity, illegality or unenforceability shall not affect any other provisions
of this Agreement.

           (d) Benefits of Agreement. All covenants and agreements contained
herein by or on behalf of any of the parties hereto shall bind and inure solely
and exclusively to the benefit of the respective successors and permitted
assigns of the parties hereto. Except as expressly permitted hereby, each
party's rights and obligations under this Agreement shall not be subject to
assignment or delegation by any party hereto, and any attempted assignment or
delegation in violation hereof shall be null and void.

           (e) Entire Agreement; Modification. This Agreement and the Purchase
Agreement constitute the entire agreement of the parties with respect to the
subject matter hereof. This Agreement may not be modified or amended except by a
writing signed by Savvis and the Reuters. Any waiver of any provision of this
Agreement must be in a writing signed by the party against whom enforcement of
such waiver is sought.

           (f) Notices. Any notice or other communications required or permitted
hereunder shall be deemed to be sufficient if contained in a written instrument
delivered in person or duly sent by national overnight courier service, by first
class certified mail, postage prepaid, or by facsimile (followed by delivery by
overnight courier) addressed to such party at the address or facsimile number
set forth below:

           (i) if to Savvis, to it at the address or facsimile number set forth
       for such party on the signature page hereto: and

           (ii) if to Reuters, at such address or facsimile number as may have
       been furnished to the other parties hereto in writing by Reuters;

or, in any case, at such other address or facsimile number as shall have been
furnished in writing by such party to the other parties hereto. All such
notices, requests, consents and other communications shall be deemed to have
been received (1) in the case of personal or courier delivery, on the date of
such delivery, (2) in the case of mailing, on the fifth business day following
the date of such mailing and (3) in the case of facsimile, when received.

                                       12

<PAGE>

           (g) Counterparts. This Agreement may be executed in any number of
counterparts, and each such counterpart hereof shall be deemed to be an original
instrument, but all such counterparts together shall constitute but one
agreement.

           (h) Changes in Common Stock of Savvis. If, and as often as, there are
any changes in the common stock of Savvis by way of stock split, stock dividend,
combination or reclassification, or through merger, consolidation,
reorganization or recapitalization, or by any other means, appropriate
adjustment shall be made in the provisions hereof as may be required so that the
rights and privileges granted hereby shall continue with respect to the
Restricted Stock as so changed.

           (i) Specific Performance. Each party hereto agrees that a remedy at
law for any breach or threatened breach by such party of this Agreement would be
inadequate and therefore agrees that any other party hereto shall be entitled to
specific performance of this Agreement in addition to any other available rights
and remedies in case of any such breach or threatened breach.

           (j) GOVERNING LAW. THIS AGREEMENT SHALL BE GOVERNED BY AND CONSTRUED
IN ACCORDANCE WITH THE LAWS OF THE STATE OF NEW YORK, WITHOUT REGARD TO THE
CONFLICTS OF LAWS PROVISIONS THEREOF.

                                    * * * * *

                                       13
<PAGE>

                  IN WITNESS WHEREOF, each of the parties hereto has duly
executed and delivered this Agreement as of the day and year first above
written.

                                          SAVVIS COMMUNICATIONS CORPORATION

                                          By:    /s/ Steven M. Gallant
                                                 -------------------------------
                                          Name:  Steven M. Gallant
                                          Title: Vice President, General Counsel

                                          Address:   12851 Worldgate Drive
                                                     Herndon, VA 20170
                                          Attention: Ms. Nancy Lysinger
                                                     Facsimile: (703) 234-8315

                                          REUTERS HOLDINGS SWITZERLAND SA

                                          By:    /s/ Devin Wenig
                                                 -------------------------------
                                          Name:  Devin Wenig
                                          Title: Attorney-in-Fact

                                          Address:   c/o Reuters America Inc.
                                                     The Reuters Building
                                                     3 Times Square -20th Floor
                                                     New York, NY 10036

                                          Attention: Mr. David Distel
                                                     Facsimile: (646) 223-4237

                                       14EXHIBIT 10.3

          MISSOURI FUTURE ADVANCE DEED OF TRUST AND SECURITY AGREEMENT

         THIS MISSOURI FUTURE ADVANCE DEED OF TRUST AND SECURITY AGREEMENT
SECURES FUTURE ADVANCES AND FUTURE OBLIGATIONS AND SHALL BE GOVERNED BY SECTION
443.055 R.S.MO., AS AMENDED. THE TOTAL PRINCIPAL AMOUNT OF THE PRESENT AND
FUTURE ADVANCES AND OBLIGATIONS WHICH MAY BE SECURED HEREBY IS $45,000,000.

         THIS MISSOURI FUTURE ADVANCE DEED OF TRUST AND SECURITY AGREEMENT (this
"Deed of Trust") is made as of the 11th day of May,  2001, by and between SAVVIS
COMMUNICATIONS  CORPORATION, a Missouri corporation ("Grantor") having a mailing
address of 795 Office Parkway, St. Louis,  Missouri 63141 and Joseph J. Trad, as
trustee ("Trustee") having a mailing address of 500 North Broadway,  Suite 2000,
St.  Louis,  Missouri  63102,  and REUTERS  HOLDINGS  SWITZERLAND  SA, a societe
anonyme organized under the laws of Switzerland ("Beneficiary") having a mailing
address of c/o Reuters America Inc., The Reuters Building,  3 Times Square, 20th
Floor, New York, New York, 10036, Attn: Mr. David Distel.

                                   WITNESSETH:

         WHEREAS, Savvis Communications Corporation, a Delaware Corporation
("Borrower"), Beneficiary and others entered into that certain Securities
Purchase Agreement dated as of May 16, 2001 (as amended from time to time, the
"Securities Purchase Agreement") pursuant to which Borrower agreed to sell and
issue to Beneficiary certain Notes (as defined in the Securities Purchase
Agreement), including certain 12% Convertible Senior Secured Notes in the
principal amounts set forth in the Securities Purchase Agreement (the
"Convertible Senior Secured Notes");

         WHEREAS, Borrower has agreed under the Securities Purchase Agreement
that it will, substantially concurrently with its actual or constructive receipt
of the proceeds from the sale of and/or the loan proceeds available as a result
of the issuance of such the Convertible Senior Secured Notes, contribute or
otherwise make available to Grantor, all such proceeds exclusive of $5,000,000
which Grantor may utilize as Borrower determines on a basis consistent with the
Securities Purchase Agreement; and

         WHEREAS, Beneficiary will not enter into the Securities Purchase
Agreement and will not provide to Borrower the funds contemplated to be provided
under the Securities Purchase Agreement unless and until Grantor delivers to
Beneficiary and Beneficiary receives from Grantor this Deed of Trust; and

         WHEREAS, Grantor is a wholly owned subsidiary of Borrower and has
determined that it is in the best interest of Grantor for Borrower to receive
the funds contemplated under the Securities Purchase Agreement and acknowledges
that Grantor is effecting the grant of this Deed of Trust in consideration for,
and has received value for the grant hereunder as a result of, the loan by
Beneficiary to Borrower contemplated under the Securities Purchase Agreement;
and

         WHEREAS, to induce Beneficiary to provide the funds contemplated to be
delivered under the Securities Purchase Agreement Grantor is willing to deliver
this Deed of Trust to Beneficiary; and

         WHEREAS, the parties intend that this conveyance shall secure the
performance and payment of the covenants, sums, and obligations of the Borrower
under the provisions of the Convertible Senior Secured Notes and all extensions,
renewals or modifications of all or part of said Convertible Senior Secured
Notes and any additional Notes that may be issued according to the terms set
forth in the

<PAGE>

Securities Purchase Agreement (hereinafter the Notes (as defined in the
Securities Purchase Agreement) including said Convertible Senior Secured Notes,
and any renewals, extensions or modifications thereof are collectively referred
to as the "Notes"), and all obligations of Grantor now or hereafter owing to
Beneficiary under the Notes including any additional amounts which Beneficiary
may be permitted to advance now or hereafter to preserve and protect the lien
and encumbrance hereof or according to the terms of this Deed of Trust
(collectively, the "Indebtedness"). THIS DEED OF TRUST IS A MORTGAGE OF
INTERESTS IN IMPROVEMENTS ONLY AND SECURES FUTURE ADVANCES AND FUTURE
OBLIGATIONS PURSUANT TO SECTION 443.055 OF THE MISSOURI REVISED STATUTES. THE
TOTAL PRINCIPAL AMOUNT OF THE FUTURE ADVANCES AND FUTURE OBLIGATIONS WHICH MAY
BE SECURED HEREBY IS FORTY-FIVE MILLION DOLLARS ($45,000,000.00);

         NOW, THEREFORE, as security for the Indebtedness, and in consideration
thereof, and the sum of Ten Dollars ($10.00) in hand paid, and for other good
and valuable consideration, the receipt and sufficiency of which are hereby
acknowledged, Grantor by these presents does hereby REMISE, RELEASE AND QUIT
CLAIM, unto Trustee, his successors and assigns, IN TRUST, forever, the
Grantor's interest, if any, in (1) all buildings, improvements and structures
present as of the date of this Deed of Trust on that certain land situated in
the County of St. Louis, State of Missouri as more particularly described in
Exhibit A attached hereto and incorporated herein by this reference (the "Land")
and constructed by or on behalf of Grantor pursuant to or substantially in
accordance with the plans and specifications dated September 9, 1999 and
prepared by Rivkin/Weisman, P.C. and ACI Boland, Inc. for the project located at
Phantom Drive and J. S. McDonnell Boulevard, Hazelwood, Missouri and all
buildings, improvements and structures hereafter, erected, situated or placed at
any time by or on behalf of Grantor on the Land (collectively, "Buildings" and
individually "Building"); and (2) the fee simple title to all or any portion of
the Land (collectively, the "Mortgaged Property").

         Notwithstanding the foregoing, the Mortgaged Property shall not include
any or all of the following:

         (a) furniture, fixtures, equipment and personal property, including
without limitation, replacements and substitutions therefor, and all leases
thereof and all rents, revenues, income, profits, royalties, deposits and
proceeds therefrom, now or hereafter owned or leased (i) by GE Capital
Corporation or by any one or more third party lessors, their respective
successors and assigns, and leased to Grantor or Bridge Information Systems
America, Inc., a Delaware corporation, as lessee, whether under an operating
lease, a capital lease or a synthetic lease, and/or (ii) by Grantor or any
person or entity occupying or using any part of the Building by or through
Grantor (or its lessees, successors or assigns) and/or any person or entity
holding an ownership or security interest in any Excluded Property;

         (b) any subleases of any properties described in (a) of this paragraph
to Grantor, its successors and assigns, as sublessee;

         (c) all furniture, fixtures, equipment and personal property, including
without limitation, replacements and substitutions therefor, and all leases
thereof and all rents, revenues, income, profits, royalties, deposits and
proceeds therefrom subject to a security interest granted by, or that either
Grantor or Borrower is obligated to grant, in either case, pursuant to a
security agreement or an other agreement effective prior to or as of the date of
this Deed of Trust;

         (d) all real, personal, tangible and intangible property of any kind
that is in any way pledged pursuant to any of the agreements described on
Exhibit B attached hereto and incorporated into this Deed of Trust by this
reference; and

                                      -2-

<PAGE>

         (e) all real, personal, tangible and intangible property of any kind
that is in any way, but only to the extent, encumbered by that certain first
deed of trust by Bridge Data Company, a Delaware corporation ("Bridge") in favor
of Harris Trust and Savings Bank dated July 28, 2000 (the "First Deed of Trust")
and any renewals, modifications, replacements, and extensions of such First Deed
of Trust

all of the foregoing being the ("Excluded Property"). The Excluded Property is
not a part of the Mortgaged Property for any purpose under this Deed of Trust.
Upon the from time to time request of Grantor, Beneficiary will execute and
deliver to Grantor such written confirmations of the foregoing to the extent
Grantor reasonably deems necessary and appropriate.

         TO HAVE AND TO HOLD the Mortgaged Property and every part thereof unto
Trustee, his successors and assigns, forever, IN TRUST, nevertheless, to secure
the payment of the Indebtedness and the performance and observance by Grantor of
every covenant and condition herein contained.

COVENANTS. Grantor hereby expressly covenants and agrees with Trustee and
Beneficiary that:

(1)      PERFORMANCE OF OBLIGATIONS. Grantor will duly perform all of its
         obligations under this Deed of Trust in accordance with the terms
         hereof.

(2)      DUE ON SALE OR ENCUMBRANCE. Grantor will not, without the prior written
         consent of Beneficiary, transfer, convey or otherwise part with title
         to any of the Mortgaged Property, or any portion thereof or ownership
         interest therein, or create or permit or allow to exist or to be
         created any mortgage, deed of trust, pledge or other lien or
         encumbrance on any of the Mortgaged Property, other than this Deed of
         Trust, and Grantor will not suffer or permit any mechanic's or
         materialmen's lien or any other lien of any nature whatsoever to attach
         to any of the Mortgaged Property or to remain outstanding against the
         same or any part thereof; provided, however, Grantor shall not be in
         default under this Deed of Trust as a result of the filing of any
         mechanic's or materialmen's liens against or otherwise encumbering any
         of the Mortgaged Property arising out of the construction by or for the
         benefit of Grantor of the Building to the extent of any such
         construction completed as of the date of this Deed of Trust; provided,
         however, Grantor shall pay the amounts resulting in such liens or
         otherwise bond over such liens to the extent necessary to prevent the
         foreclosure of any such liens. Beneficiary hereby consents to
         arrangements between Grantor and a third party providing for (i) the
         installation in the Building of communications and/or computer
         equipment owned or leased by third parties (including communications
         and/or computer equipment leased by Grantor to such third parties) to
         enable Grantor to provide such third parties with broadband
         connectivity to the internet, IP VPN services, and/or all other
         internet, intranet and extranet facilities and equipment and/or
         services then currently being provided by Grantor; (ii) the use,
         maintenance, repair, and operation of such communications and/or
         computer equipment by such third parties and/or by Grantor; and (iii) a
         grant by Grantor to such third parties of the right to have actual
         and/or virtual access to the Building and to such communications and/or
         computer equipment (each such third party is a "Co-location Party"; the
         equipment of, owned, leased or otherwise belonging to the Co-location
         Party is the "Co-location Equipment" and the arrangements between
         Grantor and a Co-location Party consistent with (i)-(iii) above being
         the "Permitted Co-location Arrangements"). Notwithstanding the
         foregoing, Permitted Co-location Arrangements may be effected whether
         or not Grantor provides managed hosting services to the Co-location
         Party.

                                      -3-

<PAGE>

(3)      INSURANCE. Until this Deed of Trust has been released in accordance
         with Paragraph 17 below, Grantor shall maintain the following insurance
         and otherwise comply with the provisions of this Section (3):

                  (i) Grantor shall provide and maintain, at Grantor's sole cost
         and expense throughout the duration of this Deed of Trust, commercial
         general liability insurance, including blanket contractual liability
         coverage (or its equivalent) specifically endorsed to provide coverage
         for the obligations assumed by Grantor pursuant to this Deed of Trust,
         against claims and liability for personal injury, bodily injury, death,
         or property damage occurring on, in, or about the Mortgaged Property,
         with limits of liability of not less than Five Million Dollars
         ($5,000,000.00) for liability arising out of any one occurrence;

                  (ii) insurance insuring Grantor against loss or damage to the
         Mortgaged Property by fire, lightning, windstorm, hail, explosion,
         aircraft, smoke, vandalism, malicious mischief, vehicle damage and
         other risks from time to time included under a so called "Special Form
         Causes of Loss" policy (or its equivalent) together with earthquake
         and, if the Mortgaged Property is located in a special flood hazard
         area, flood insurance and such other similar policies as Beneficiary
         may reasonably require to protect the Mortgaged Property. Such
         insurance shall provide coverage in an amount sufficient to prevent
         Grantor from being a co-insurer of any loss under the policy or
         policies, but in no event less than 100% of the full replacement cost
         of the improvements;

                  (iii) At all times during the duration of this Deed of Trust
         when fuel tanks are located at or on any land on which any Building is
         constructed, Grantor shall maintain so called "Above Ground Storage
         Tank Third Party Liability and Cleanup" insurance or its equivalent.
         Notwithstanding anything to the contrary in this Deed of Trust, such
         insurance shall be on a claims made basis with a per occurrence limit
         of at least One Million Dollars ($1,000,000) and a general aggregate
         limit of at least One Million Dollars ($1,000,000) with reasonable
         deductibles and reasonable coverage for defense costs.

         All of the foregoing insurance will be issued by an insurance company
         of recognized financial standing having at least an A+ rating by Best
         Insurance Reports. Said policies shall be in form as are reasonably
         acceptable to and approved by Beneficiary. All such insurance policies
         are assigned to and are to be held by and, to the extent of its
         interest, for the benefit of and payable in case of loss to the
         Beneficiary, and Grantor will deliver to Beneficiary such policies,
         marked "Paid", and new policies as replacement for any expiring
         policies at least fifteen (15) days before the date of such expiration.
         All such policies of insurance shall have attached the standard
         non-contributory first mortgagee clause or its equivalent in favor of
         Beneficiary, with cancellation only upon at least fifteen (15) days'
         prior written notice to Beneficiary. All amounts recoverable under any
         such policies or to which Grantor is otherwise entitled from third
         parties are hereby assigned to Beneficiary and, in the event of a loss,
         each insurance company or other third party concerned is authorized and
         directed to make payment for such loss directly to Beneficiary alone
         and Beneficiary is hereby authorized to adjust, compromise, receive,
         collect and sue for the same and Grantor hereby authorizes and directs
         that such sum or sums be paid to Beneficiary upon presentation of a
         duly certified copy hereof. Beneficiary is further authorized to
         endorse Grantor's name upon any check in payment of loss. All loss
         proceeds received by Beneficiary shall be applied as follows: (i)
         first, to fund the replacement, repair and restoration to and/or of the
         Mortgaged Property taken or injured if Grantor elects to effect such
         replacement, repair and/or restoration, (ii) next, any remaining funds
         to be applied against the Indebtedness secured hereby to the extent
         then due and unpaid without the application of any prepayment penalty
         and applied

                                      -4-

<PAGE>

         to principal and interest as provided in the Notes, and (iii) next, any
         remaining funds to be paid to Grantor. All of the policies of insurance
         shall be held by Beneficiary as additional security and, in the event
         of a sale of the Mortgaged Property upon foreclosure, all right, title
         and interest of Grantor in and to such policies of insurance shall pass
         to the purchaser at such sale and Grantor irrevocably appoints
         Beneficiary as attorney-in-fact of Grantor to assign any policies or
         proceeds thereof to such purchaser.

         The following notice is provided pursuant to Section 427.120, R.S.Mo.
         As used herein, "you" means Grantor and "we" means Beneficiary: UNLESS
         YOU PROVIDE EVIDENCE OF THE INSURANCE COVERAGE REQUIRED BY YOUR
         AGREEMENT WITH US, WE MAY PURCHASE INSURANCE AT YOUR EXPENSE TO PROTECT
         OUR INTERESTS IN YOUR COLLATERAL. THIS INSURANCE MAY, BUT NEED NOT,
         PROTECT YOUR INTERESTS. THE COVERAGE THAT WE PURCHASE MAY NOT PAY ANY
         CLAIM THAT YOU MAKE OR ANY CLAIM THAT IS MADE AGAINST YOU IN CONNECTION
         WITH THE COLLATERAL. YOU MAY LATER CANCEL ANY INSURANCE PURCHASED BY
         US, BUT ONLY AFTER PROVIDING EVIDENCE THAT YOU HAVE OBTAINED INSURANCE
         AS REQUIRED BY OUR AGREEMENT. IF WE PURCHASE INSURANCE FOR THE
         COLLATERAL, YOU WILL BE RESPONSIBLE FOR THE COSTS OF THAT INSURANCE,
         INCLUDING THE INSURANCE PREMIUM, INTEREST AND ANY OTHER CHARGES WE MAY
         IMPOSE IN CONNECTION WITH THE PLACEMENT OF THE INSURANCE, UNTIL THE
         EFFECTIVE DATE OF THE CANCELLATION OR EXPIRATION OF THE INSURANCE. THE
         COSTS OF THE INSURANCE MAY BE ADDED TO YOUR TOTAL OUTSTANDING BALANCE
         OR OBLIGATION. THE COSTS OF THE INSURANCE MAY BE MORE THAN THE COST OF
         INSURANCE YOU MAY BE ABLE TO OBTAIN ON YOUR OWN.

(4)      INDEMNITY. Grantor will protect, indemnify, defend and hold harmless
         Trustee and Beneficiary from and against any and all claims, causes of
         action, suits, liabilities, damages (exclusive of consequential and
         incidental damages), losses, costs and expenses (including attorneys'
         fees), of whatever nature, which may arise or result, directly or
         indirectly by reason of the use or occupation of the Mortgaged Property
         by Grantor or any part thereof or any failure by Grantor to comply with
         the covenants contained herein.

(5)      REPAIRS. Grantor will at all times keep and maintain the Mortgaged
         Property and every part thereof in good order, repair and condition,
         without any liability of Trustee or Beneficiary to any person for
         damage for failure to repair or for any other cause, and Grantor will
         promptly make all needed and proper repairs, restorations, renewals and
         replacements thereof, so that at all times the value of the Mortgaged
         Property and every part thereof shall be fully preserved and
         maintained, and Grantor will not cause or permit any waste on or of the
         Mortgaged Property or otherwise allow the Mortgaged Property, or any
         part thereof, to depreciate in value by any act or neglect.

(6)      COMPLIANCE. Grantor will not use or suffer or permit to be used the
         Mortgaged Property or any part thereof in any manner inconsistent with
         the rights of Trustee or Beneficiary hereunder, or in violation of the
         provisions of any insurance policy or any rules or regulations of
         insurance underwriters, and will comply with, and maintain, use and
         cause the Mortgaged Property to at all times be in compliance with all
         laws, ordinances, rules, regulations, orders and directions of any
         legislative, executive, administrative or judicial body, officer or
         department applicable to the Mortgaged Property or to the uses or
         purposes thereof.

(7)      CONDEMNATION. In the event the Mortgaged Property, or any part thereof,
         be taken through condemnation proceedings or by virtue of the exercise
         of the right of eminent domain or pursuant to governmental action, any
         and all amounts awarded in any such condemnation proceeding for the
         taking of the Mortgaged Property, or any part thereof, are hereby
         assigned to and shall be paid to Beneficiary, and when received by
         Beneficiary, shall be applied as follows: (i) first, to fund the
         replacement, repair and restoration to and/or of the Mortgaged Property
         taken or injured if

                                      -5-

<PAGE>

         Grantor elects to effect such replacement, repair and/or restoration,
         (ii) next, any remaining funds to be applied against the Indebtedness
         secured hereby to the extent then due and unpaid without the
         application of any prepayment penalty and applied to principal and
         interest as provided in the Notes, and (iii) next, any remaining
         funds to be paid to Grantor.

(8)      SEVERABILITY. To the extent that any grant under this Deed of Trust
         violates the terms of any other agreement to which Grantor is a party
         as of the date of this Deed of Trust, such grant shall be deemed
         severed from this Deed of Trust and shall be deemed to be null and void
         and of no force or effect as of the date of this Deed of Trust and the
         remainder of this Deed of Trust shall remain in full force and effect
         to extent permitted by law and this Deed of Trust shall be deemed
         amended as appropriate to give effect to such severance.

(9)      TAXES. Grantor hereby covenants and agrees to pay any and all taxes,
         assessments, liens and other charges that may be levied or assessed
         against the Mortgaged Property, or any part thereof, prior to the time
         the same shall become delinquent, and Grantor shall promptly provide
         Beneficiary with proof of payment thereof.

(10)     CHANGE IN TAXATION LAWS. In the event of the enactment after the date
         hereof of any law of the State of Missouri or the United States of
         America imposing a specific tax on notes, bonds, or other evidences of
         indebtedness or obligations secured by a mortgage or deed of trust on
         real estate, or in the event the laws now in force relating to taxes on
         notes, mortgages, bonds, or other evidences of indebtedness or
         obligations secured by mortgage or deed of trust shall be in any manner
         changed, or in case such a tax shall be assessed under any existing
         law, as the result of which Trustee or Beneficiary may become
         chargeable with the payment of any such taxes, then and in any such
         event, Grantor covenants and agrees to pay to Trustee or Beneficiary,
         within thirty (30) days after written notice thereof, the amount of any
         such tax; provided that if Trustee or Beneficiary shall be required by
         law to pay any such tax, all moneys so expended shall be due on demand,
         bear interest at the highest rate set forth in the Notes (or if no rate
         is specified, at the maximum lawful rate) and shall be secured hereby.
         In the event Grantor shall fail to pay or cause to be paid or to
         reimburse Trustee or Beneficiary for advances as aforesaid to pay any
         such tax or taxes, or if by such law it should be illegal for Grantor
         to pay any such tax or taxes, then all of the Indebtedness secured
         hereby shall, at the option of Beneficiary, become immediately due and
         payable without further notice, anything herein or in the evidences of
         any indebtedness or other obligations secured by this Deed of Trust to
         the contrary notwithstanding; provided, however, that Grantor shall not
         be required to pay any such tax in excess of an amount which when added
         to the interest paid by Grantor on the Indebtedness would exceed the
         maximum lawful rate allowed in the State of Missouri.

(11)     CURE PAYMENTS. If Grantor shall fail to pay any tax, assessment, lien
         or other charge levied or assessed against the Mortgaged Property, or
         any part thereof, or shall fail to keep and perform any of the
         covenants and conditions herein contained, Trustee or Beneficiary,
         shall be privileged, but shall not be obligated, to pay any such tax,
         assessment, lien, rent or other charge, to redeem such property from
         any sale or foreclosure for taxes or assessments or liens, to effect
         and pay for insurance required hereunder, to perform or pay for any
         other obligations, and to make such other disbursements as are
         necessary or advisable in the opinion of Trustee or Beneficiary to cure
         any default of Grantor hereunder or protect the lien or the rights of
         Trustee and Beneficiary hereunder; any and all such sums of money
         advanced for such purposes by Trustee or Beneficiary shall be deemed
         additional Indebtedness secured by this Deed of Trust and shall be
         payable on demand with interest accruing from the time so advanced at
         the highest rate per annum set forth under the Notes (or if no rate is
         specified, at the maximum lawful rate), and failure on the part of

                                     -6-

<PAGE>

         Grantor to repay the amounts so advanced on demand shall constitute an
         event of default hereunder; provided, however, nothing herein contained
         shall be construed as requiring Trustee or Beneficiary to effect such
         insurance or to advance or expend money or take any action for any of
         the purposes aforesaid.

(12)     FINANCIAL INFORMATION. Grantor shall furnish the financial statements
         as and when required to be provided by Grantor pursuant to and in
         accordance with the Securities Purchase Agreement.

(13)     SECURITY AGREEMENT. This instrument is intended to be a security
         agreement pursuant to the Uniform Commercial Code for any of the items
         specified as part of the Mortgaged Property which, under applicable
         law, may be subject to a security interest pursuant to the Uniform
         Commercial Code, and Grantor hereby grants Beneficiary a security
         interest in said items, whether now owned or hereafter acquired.
         Grantor agrees that Beneficiary may file this instrument, or a
         reproduction thereof, in the real estate records or other appropriate
         index, as a financing statement for any of the items specified as part
         of the Mortgaged Property. Any reproduction of this instrument or of
         any other security agreement or financing statement shall be sufficient
         as a financing statement. In addition, Grantor agrees to execute and
         deliver to Beneficiary, upon Beneficiary's request, any financing
         statements, as well as extensions, renewals and amendments thereof, and
         reproductions of this instrument, in such form as Beneficiary may
         require to perfect a security interest with respect to said items.
         Grantor shall pay all costs of filing such financing statements and any
         extensions, renewals and amendments thereof, and shall pay all
         reasonable costs and expenses of any record searches for financing
         statements Beneficiary may reasonably require. Without the prior
         written consent of Beneficiary, Grantor shall not create or suffer to
         be created pursuant to the Uniform Commercial Code any other security
         interest in said items, including replacements and additions thereto.
         Upon the occurrence of an event of default as hereinafter provided,
         Beneficiary shall have the remedies of a secured party under the
         Uniform Commercial Code and, at Beneficiary's option, may also invoke
         the remedies as otherwise provided in this instrument. In exercising
         any of said remedies, Beneficiary may proceed against the items of
         property specified as part of the Mortgaged Property separately or
         together and in any order whatsoever, without in any way affecting the
         availability of Beneficiary's remedies under the Uniform Commercial
         Code or of the remedies otherwise provided in this instrument.

(14)     EXCLUDED PROPERTY. Beneficiary hereby acknowledges that it has no
         security interest in any of the Excluded Property nor is Grantor's
         interest or the interest of any third party in any Excluded Property
         subordinate or subject to this Deed of Trust or any security interest
         in favor of Beneficiary for Grantor. Beneficiary will execute and
         deliver to Grantor such reasonable instruments as Grantor may from time
         to time request confirming the provisions of this Paragraph 14 in such
         reasonable form as Grantor may request.

(15)     GROUND LEASE. Grantor shall have the right, without the prior written
         consent of Beneficiary, to enter into a ground lease with the fee owner
         of the Land on such terms as determined to be necessary and appropriate
         by Grantor. Grantor shall further have the right to record a memorandum
         of such ground lease in the records of the County of St. Louis, State
         of Missouri. In such event, such ground lease shall be superior to this
         Deed of Trust; provided, however, Grantor shall, upon obtaining all
         necessary third party consents, grant a leasehold deed of trust
         respecting Grantor's leasehold interest to Beneficiary on such terms
         and conditions as are mutually acceptable to Grantor and Beneficiary
         and consistent with the terms of this Deed of Trust.

                                      -7-

<PAGE>

(16)     SUBORDINATE TO FIRST DEED OF TRUST. Notwithstanding anything to the
         contrary in this Deed of Trust, the rights granted by Grantor to
         Beneficiary under this Deed of Trust respecting all portions of the
         Mortgaged Property are at all times subject and subordinate to the
         following: (i) rights and interests of the holder of fee simple title
         to the Land and to the First Deed of Trust and any renewals,
         modifications, replacements, and extensions of such First Deed of Trust
         thereof to the extent that any of the Mortgaged Property is subject to
         such First Deed of Trust; and (ii) the Missouri Future Advance Deed of
         Trust dated as of February 19, 2001 and recorded on February 20, 2001
         in the records of the St. Louis County Recorder of Deeds as Daily
         Number 450, as amended ("WCAS Deed of Trust"). Grantor shall not be in
         default under this Deed of Trust or be deemed to have breached any
         representations under this Deed of Trust in the event and to the extent
         that Beneficiary's rights under this Deed of Trust are so subordinate.
         Further, Beneficiary agrees that it will execute such reasonable
         agreements and instruments as may be required by Grantor and/or its
         lenders to further evidence such subordination.

(17)     RELEASE. If all of Grantor's covenants and agreements under this Deed
         of Trust are performed in full and either (i) the debt described in the
         Convertible Senior Secured Notes is paid when due or (ii) the then
         outstanding principal amount of the Convertible Senior Secured Notes
         plus all accrued interest on such principal amount is converted into
         equity securities of Borrower pursuant to the Notes, then these
         presents shall be void and this Deed of Trust shall be released with
         all recording costs associated with recording any necessary release to
         be paid by Grantor.

(18)     NO THIRD PARTY RIGHTS OR INTERESTS AFFECTED. Grantor, by this
         instrument, does not and does not intend to mortgage, pledge, alter or
         interfere in any way whatsoever, with the rights of any party(ies) not
         a party hereto. Specifically and without limitation, Grantor by this
         instrument does not and shall not be deemed to have taken any action
         against any property of the estate of Bridge Information Systems, Inc.,
         a Missouri corporation, or any of its affiliates which are
         debtors-in-possession in bankruptcy cases presently proceeding in the
         United States Bankruptcy Court for the Eastern District of Missouri,
         Eastern Division, Cases No. 01-0141593-293 through 01-0141614-293,
         inclusive (collectively, herein the "Debtor"), or to act or attempt to
         act to (i) take or transfer any interest in property of Debtor's
         estate, (ii) create, perfect, or enforce any lien against property of
         Debtor's estate, (iii) create, perfect or enforce any pre-petition lien
         against property of Debtor's estate, (iv) collect or recover any
         pre-petition claim against Debtor or its estate, or (v) to set off the
         interests herein granted against any pre-petition claim against the
         Debtor. This instrument conveys a quitclaim security interest against
         the property rights, if any, in the Mortgaged Property and against
         these rights, if any, only.

(19)     DELIVERY OF NON-DISTURBANCE AGREEMENT. Upon the request of Grantor,
         Beneficiary will execute and deliver a non-disturbance and attornment
         agreement in favor of all users, occupants and subtenants of the
         Mortgaged Property confirming that in the event of a foreclosure of
         this Deed of Trust, the purchaser of the Mortgaged Property at the
         foreclosure sale will recognize and not disaffirm or disturb either the
         agreements between Grantor and any such users, occupants and subtenants
         or the use and occupancy of the Mortgaged Property by such users,
         occupants and subtenants in accordance with such agreements all of
         which such agreements and such uses shall continue in full force and
         effect in accordance with their terms.

(20)     COUNTERPARTS. This Deed of Trust may be executed in several
         counterparts, with signature to one such counterpart being deemed
         signature to all such counterparts, each of which shall be deemed an
         original and all of which taken together shall constitute one and the
         same instrument.

                                      -8-

<PAGE>

(21)     FURTHER ADVANCES. This Deed of Trust is to be governed by Section
         443.055 of the revised Statues of Missouri. In the event Grantee shall
         receive a notice pursuant to Section 443.055 of the Revised Statues of
         Missouri terminating this Deed of Trust as security for future advances
         for future obligations made or incurred after the date of such notice,
         then upon receipt of such notice, Grantee shall have no further
         obligation under the Notes, any document evidencing, securing or
         related to the indebtedness secured by this Deed of Trust
         notwithstanding anything to the contrary in any such document.

(22)     EVENTS OF DEFAULT; REMEDIES. If an event of default as specifically set
         forth herein shall occur, or in the event any one or more of the
         following events shall occur (an "event of default"): (a) If default
         shall be made in the payment of any of the Indebtedness secured hereby,
         or any interest thereon, as and when the same shall become due and
         payable, whether by reason of demand, acceleration or otherwise; (b) If
         default shall be made by Grantor in the due performance or observance
         of any covenant, agreement or condition herein contained or required to
         be performed or observed by Grantor and such default shall continue for
         a period of ten (10) days after the date of the mailing of a written
         notice addressed to Grantor at the address hereinabove set forth, or to
         such other address as may be designated by Grantor in written notice
         delivered to Beneficiary; (c) If Grantor interest in the Mortgaged
         Property shall pass by operation of law as the result of any creditor's
         action, suit or proceeding or if any of the foregoing shall occur with
         respect to any guarantor of the Indebtedness secured hereby; (d) If the
         Mortgaged Property or any portion thereof or ownership interest therein
         is sold, transferred, assigned or in any manner conveyed without the
         prior written consent of Beneficiary; (e) If a default or event of
         default shall occur under or within the meaning of any other deed of
         trust or mortgage covering any of the Mortgaged Property after giving
         effect to all applicable cure periods; (f) the occurrence of an event
         of default under the Notes after giving effect to all applicable cure
         periods; or (g) if pursuant to ss. 443.055 R.S.Mo., as amended, Grantor
         shall notify Beneficiary of Grantor's election to terminate the
         operation of this Deed of Trust as security for future advances or
         future obligations;

THEN, AND IN EACH AND EVERY SUCH EVENT: (1) All of the Indebtedness then
outstanding and unpaid and all accrued and unpaid interest thereon shall, at the
option of Beneficiary, become and be due and payable immediately, anything in
the Notes evidencing any of the Indebtedness or in this Deed of Trust to the
contrary notwithstanding; (2) Upon demand of Trustee or Beneficiary, Grantor
shall forthwith surrender to Beneficiary the actual possession of all of the
Mortgaged Property and it shall be lawful (whether or not Grantor has so
surrendered possession) for Beneficiary, either personally or by agents or
attorneys, forthwith to enter into or upon the Mortgaged Property and to exclude
Grantor, the agents and servants of Grantor, and all parties claiming by,
through or under Grantor, wholly therefrom, and Beneficiary shall thereupon be
solely and exclusively entitled to possession of said Mortgaged Property and
every part thereof, and to use, operate, manage and control the same, either
personally or by managers, agents, servants or attorneys, to the fullest extent
authorized by law; and upon every such entry, the Beneficiary may, from time to
time, at the expense of Grantor, make all necessary and proper repairs and
replacements to the Mortgaged Property as Beneficiary in its discretion sees
fit, and any amounts so expended shall be due on demand, bear interest at the
post-maturity rate set forth in the Notes and shall be secured hereby; (3)
Trustee, at the request of Beneficiary, shall proceed to sell, either by himself
or by agent or attorney, the Mortgaged Property or any part(s) thereof at public
vendue or outcry at the customary place to the highest bidder for cash after
first giving notice as required by the statutes of the State of Missouri and
upon such sale Trustee shall receive the proceeds of such sale and shall execute
and deliver deed or deeds or other instruments of conveyance, assignment and
transfer to the property sold, to the purchaser or purchasers thereof; and (4)
Trustee and/or Beneficiary may proceed by suit or suits at law or in equity to
enforce the Indebtedness secured hereby and/or to foreclose this Deed of Trust

                                      -9-

<PAGE>

and in such event Trustee shall be entitled to a reasonable fee for his services
and Trustee and Beneficiary shall be entitled to a reasonable fee for the
services of their attorneys and agents, and for all expenses, costs and outlays.
Upon or at any time after the filing of any suit to foreclose the lien hereof,
Beneficiary shall be entitled as a matter of right to the appointment of a
receiver of the Mortgaged Property, either before or after sale, without notice
and without regard to the solvency or insolvency of Grantor at the time of the
application for such receiver, and without regard to the solvency or insolvency
of Grantor at the time of the application for such receiver, and without regard
to the then value of the Mortgaged Property, and Trustee, or Beneficiary, may be
appointed as such receiver. Such receiver shall have all powers necessary or
incidental for the protection, possession, control, management and operation of
the Mortgaged Property.

         In any sale or sales made by Trustee under the power herein granted, or
upon any sale or sales under or by virtue of any judicial proceedings: (i) the
whole of the Mortgaged Property may be sold in one parcel as an entirety, or the
Mortgaged Property may be sold in separate parcels as may be determined by
Trustee in his discretion; (ii) all recitals contained in any deed or other
instrument of conveyance, assignment or transfer made and delivered by Trustee
in pursuance of the powers granted and conferred herein, shall be prima facie
evidence of the facts therein set forth; (iii) such sale or sales shall operate
to divest Grantor of all right, title, interest, claim and demand, either at law
or in equity, under statute or otherwise, in and to the Mortgaged Property and
every part thereof so sold and shall be a perpetual bar, both in law or equity,
against Grantor and any and all persons claiming or to claim from, through or
under Grantor; and (iv) Beneficiary may bid for and purchase the Mortgaged
Property or any part thereof and may make payment therefor by presenting to
Trustee the Notes secured hereby or the other evidences of the Indebtedness
secured hereby so that there may be endorsed as paid thereon the amount of such
bid which is to be applied to the payment of the Indebtedness secured hereby as
herein provided. Each time it shall become necessary to insert an advertisement
of foreclosure, and sale is not had, Trustee shall be entitled to receive the
sum of One Hundred Dollars ($100.00) for services and the amount of all
advertising charges from Grantor, all of which shall be further secured hereby.
Upon the foreclosure and/or sale of the Mortgaged Property, or any part thereof,
the proceeds of such sale or sales shall be applied as follows: First, to the
cost and expense of executing this trust, including reasonable compensation of
Trustee and reasonable attorneys' fees and expenses, outlays for documentary
stamps, cost of procuring title insurance commitments, continuing abstracts,
title searches or examinations reasonably necessary or proper; next, to the
payment of any and all advances made by Trustee or Beneficiary, with interest
thereon as hereinabove provided; next, to the payment of the balance of the
Indebtedness secured hereby, with interest thereon as therein provided; and any
surplus thereafter shall be paid to Grantor or any other party legally entitled
thereto; provided that in the event the net proceeds of such sale or sales shall
not be sufficient to pay in full the Indebtedness secured hereby, Grantor hereby
promises and agrees to pay any deficiency thereon on demand with interest.

         Grantor shall not apply for or avail itself of any appraisement,
valuation, redemption, stay, extension or exemption laws, or any so-called
"moratorium laws", now existing or hereafter enacted, in order to prevent or
hinder the enforcement or foreclosure of this Deed of Trust, and hereby waives
the benefit of such laws. Grantor, for itself, its successors and assigns,
hereby wholly waives the period of redemption and any right of redemption
provided under any existing or future law in the event of a foreclosure of this
Deed of Trust. Grantor, for itself and all who may claim through or under it,
hereby waives any and all right to have the property and estates comprising the
Mortgaged Property marshalled upon any foreclosure of the lien hereof and hereby
agrees that any court having jurisdiction to foreclose such lien may order the
Mortgaged Property sold as an entirety. Grantor hereby waives any order or
decree of foreclosure, pursuant to the rights herein granted, on behalf of the
Grantor, and each and every person acquiring any interest in or title to the
Mortgaged Property, subsequent to the date of this Deed of Trust, and on behalf
of all other persons to the extent permitted by applicable law.

                                      -10-

<PAGE>

         The Trustee may resign at any time by written instrument to that effect
delivered to Beneficiary. Beneficiary shall be entitled to remove, at any time
and from time to time, including any time before, during or after the
commencement or completion of any foreclosure proceeding, the Trustee. In case
of the death, removal, resignation, refusal to act or otherwise being unable to
act of the Trustee, Beneficiary shall be entitled to select and appoint a
successor Trustee hereunder by an instrument duly executed, acknowledged and
recorded in the manner and form for conveyances of real estate in the State of
Missouri, which recording may occur before, during or after the commencement or
completion of any foreclosure proceeding, and any such successor Trustee shall
thereupon succeed to Trustee as Trustee hereunder and to all of the rights,
powers, duties, obligations and estate of said Trustee as if specifically named
herein, provided no defect or irregularity in the resignation or removal of said
Trustee or in the appointment of a successor Trustee or in the execution and
recording of such instrument shall affect the validity of said resignation,
removal or appointment or any act or thing done by such successor Trustee
pursuant thereto. Additionally, whether the recording of the successor Trustee
instrument takes place before, during or after the commencement or completion of
any foreclosure proceeding shall have no effect upon the validity of said
proceeding. Trustee shall not be disqualified from acting as Trustee hereunder
or from performing any of the duties of Trustee, or from exercising the rights,
powers and remedies herein granted, by reason of the fact that Trustee is an
officer, employee or stockholder of Beneficiary, or is interested, directly or
indirectly, as the holder of the Convertible Senior Secured Notes or other
Indebtedness secured hereby, Grantor hereby expressly consenting to Trustee
acting as Trustee irrespective of the fact that Trustee might be otherwise
disqualified for any of the foregoing reasons, and that any interest which
Trustee or any successor shall have or may acquire in the Indebtedness secured
hereby, or the Mortgaged Property, shall neither interfere with nor prevent his
acting as Trustee or from purchasing said property at said sale or sales, and
all parties waive any objection to Trustee having or acquiring any such interest
in the Indebtedness or Mortgaged Property and continuing to act as Trustee.
Trustee covenants faithfully to perform and fulfill the trust herein created,
but shall be liable, however, only for gross negligence or willful misconduct as
determined by a court of competent jurisdiction.

         No remedy herein conferred upon or reserved to Trustee or Beneficiary
is intended to be exclusive of any other remedy, but every remedy herein
provided shall be cumulative, and shall be in addition to every other remedy
given hereunder or now or hereafter existing at law or in equity, or by statute;
and every power and remedy given by this Deed of Trust to Trustee or to
Beneficiary may be exercised from time to time and as often as may be deemed
expedient. No delay or omission by Trustee or by Beneficiary to exercise any
right or power arising from any default shall impair any such right or power or
shall be construed to be a waiver of any default or an acquiescence therein. In
case Trustee shall have proceeded to enforce any right under this Deed of Trust
by foreclosure, entry or otherwise, and such proceedings shall have been
discontinued or abandoned because of waiver or for any other reason, or shall
have been determined adversely, then, and in such and every such case, Grantor
and Trustee shall severally and respectively be restored to their former
positions and rights hereunder in respect of the Mortgaged Property, and all
rights, remedies and powers of Trustee shall continue as though no such
proceedings had been taken. If any additional sum or sums shall become due and
owing, by Grantor to Beneficiary, pursuant to the provisions hereof, the
affidavit of Beneficiary shall be sufficient evidence of the fact that such
additional sums are secured hereby in the amount set forth in such affidavit.

(23)     GENERAL PROVISIONS. This Deed of Trust and all provisions hereof shall
         extend to and be binding upon Grantor and all parties claiming by,
         through or under Grantor. All covenants and agreements of Grantor
         herein shall be joint and several. Grantor acknowledges and agrees that
         all expenses and amounts expended by Trustee and/or Beneficiary or owed
         to Trustee or Beneficiary under any indemnity in this Deed of Trust,
         shall be due as and when incurred, bear interest at the highest rate
         set forth in the Notes and the Securities Purchase Agreement (the "Debt

                                      -11-

<PAGE>

         Instruments") (or if no rate is specified, at the maximum lawful rate)
         and shall constitute Indebtedness secured hereby, and all indemnities
         contained in this Deed of Trust shall apply notwithstanding any
         negligent conduct or omission of Beneficiary or Trustee (except to the
         extent of gross negligence or willful misconduct on the part of
         Beneficiary or Trustee), are in addition to any legal liability or
         responsibility Grantor otherwise has, and shall survive the foreclosure
         of this Deed of Trust and the payment of the obligations secured
         hereunder. The unenforceability or invalidity of any provision or
         provisions of this Deed of Trust shall not render any other provision
         or provisions herein contained unenforceable or invalid. The term
         "Beneficiary" shall be deemed to mean and include the endorsee(s),
         transferee(s) or the holder(s) at the time being of the Debt
         Instruments and/or any of the other Indebtedness secured hereby, and
         the successors and assigns of Beneficiary, and the term "Trustee" shall
         be deemed to mean and include any successors of the Trustee in the
         trust hereby created; and the covenants and agreements shall bind and
         inure to the benefit of the heirs, executors, personal representatives,
         successors and assigns of Grantor and the successors in trust of the
         Trustee and the endorsee(s), transferee(s), successors and assigns of
         Beneficiary. All of the grants, covenants, terms, agreements,
         provisions and conditions herein contained shall run with the land.
         Time is of the essence of all Grantor's obligations hereunder. The
         captions or headings used herein are for the convenience of the parties
         and are not a part of this Deed of Trust. To the extent that proceeds
         of the Indebtedness secured hereby or advances under this Deed of Trust
         are used to pay any outstanding lien, charge or prior encumbrance
         against the Mortgaged Property, Beneficiary is hereby subrogated to any
         and all rights and liens held by any owner or holder of such
         outstanding liens, charges and prior encumbrances, irrespective of
         whether said liens, charges or encumbrances are released. Trustee
         hereby lets the Mortgaged Property to Grantor and assigns until this
         Deed of Trust be released and satisfied, or until default be made under
         the covenants and agreements hereof, upon the following terms, to-wit:
         Grantor and all persons claiming or possessing said Mortgaged Property
         or any part thereof, shall pay rent therefor during said term at one
         cent per month, payable on demand, and shall and will surrender
         peaceful possession of said premises, and every part thereof, to
         Trustee immediately upon such default, and without notice or demand
         therefor, provided that nothing in this Deed of Trust shall be
         construed to prevent the Beneficiary from having and taking every legal
         means to enforce payment of the Indebtedness secured hereby, without
         having first enforced this Deed of Trust; provided, further that if
         Grantor shall well and truly pay or cause to be paid to Beneficiary the
         Indebtedness secured hereby as and when the same shall become due and
         payable and this Deed of Trust is no longer intended to secure future
         advances and future obligations under Section 443.055 R.S.Mo., as
         amended, then this trust shall cease and be void and the Mortgaged
         Property hereinbefore conveyed shall be released at the cost of
         Grantor, otherwise to remain in full force and effect. To the extent
         that Beneficiary receives any payment on account of the Indebtedness
         and any such payment(s) or any part thereof is subsequently
         invalidated, declared to be fraudulent or preferential, set aside,
         subordinated and/or required to be repaid to a trustee, receiver or any
         other party under any bankruptcy act, state or federal law, common law
         or equitable cause, then, to the extent of such payment(s) received,
         the Indebtedness or part thereof intended to be satisfied and any and
         all liens, security interests, mortgages and/or other encumbrances upon
         or pertaining to any assets of Grantor and theretofore created and/or
         existing in favor of Beneficiary as security for the payment of such
         Indebtedness shall be revived and continue in full force and effect, as
         if such payment(s) had not been received by Beneficiary and applied on
         account of the Indebtedness. The Recitals above stated are incorporated
         herein by this reference.

(24)     Should at any time the holder of any Note(s) determine to convert the
         indebtedness evidenced thereby into an equity interest in Borrower
         pursuant to the terms of the Securities Purchase Agreement, the
         Notes(s) of such holder shall cease to be "Notes" for purposes hereof
         and shall not be hereby secured, nor shall any equity interest in
         Borrower or rights in securities of Borrower arising under any Notes(s)
         or the Securities Agreement constitute Indebtedness secured by the Deed
         of Trust.

                                      -12-

<PAGE>

(25)     This Deed of Trust is not effective unless and until the Beneficiary
         under the WCAS Deed of Trust consents in writing to the grant by
         Grantor of this Deed of Trust to Beneficiary hereunder.

         IN THE EVENT ANY OF THE INDEBTEDNESS SECURED HEREBY IS PAYABLE UPON
DEMAND, NEITHER THIS DEED OF TRUST NOR ANYTHING CONTAINED HEREIN SHALL BE DEEMED
TO ALTER, LIMIT, OR OTHERWISE IMPINGE UPON THE DEMAND CHARACTER OF SUCH
INDEBTEDNESS.

         IN WITNESS WHEREOF, Grantor has executed this Missouri Future Advance
Deed of Trust and Security Agreement as of the day and year first above written.

                                               Grantor:

                                               SAVVIS COMMUNICATIONS CORPORATION

                                          By:  /s/ Steven M. Gallant
                                               ---------------------------------
                                          Printed Name: Steven M. Gallant
                                                        ------------------------
                                          Title: Vice President, General Counsel
                                                 -------------------------------

STATE OF MISSOURI                     )
                                      )  SS.
COUNTY  OF JEFFERSON                  )

On this 11th day of May, 2001, before me appeared Steven M. Gallant, to me
personally known, who, being by me duly sworn, did say that he/she is the V.P.,
Gen Counsel Savvis Communications Corporation, a Missouri corporation, and that
said instrument was signed in behalf of said corporation by authority of its
Board of Directors; and said Steven M. Gallant acknowledged said instrument to
be the free act and deed of said corporation and that said corporation has no
corporate seal.

         IN TESTIMONY WHEREOF, I have hereunto set my hand and affixed my
official seal in the County and State aforesaid, the day and year first
above written.

(SEAL)                                   /s/ Cheryl L. Butcher
                                         ---------------------------------------
                                         Notary Public
My term expires October 11, 2001.
                -----------------

                                      -13-

<PAGE>

                                    EXHIBIT A

                                      Land

         Lot 1 of Mallinckrodt HQ Campus according to the plat thereof recorded
         in Plat Book 347 page 548 of the St. Louis County Records.

                                      -14-

<PAGE>

                                    EXHIBIT B

o    Amended and Restated Credit Agreement, dated as of September 5, 2000, by
     and among the Registrant, as guarantor, SAVVIS Communications Corporation,
     a Missouri corporation, as borrower, and Nortel Networks Inc., as
     administrative agent, and the lenders named therein;

o    Pledge Agreement, dated as of September 5, 2000, by and between the
     Registrant and Nortel Networks Inc., as administrative agent for the
     lenders;

o    Amended and Restated Pledge and Security Agreement, dated as of September
     5, 2000, by and between SAVVIS Communications Corporation, a Missouri
     corporation and Nortel Networks Inc., as administrative agent for the
     lenders;

o    Pledge and Security Agreement, dated as of September 5, 2000, by and
     between Global Network Assets, LLC and Nortel Networks Inc., as
     administrative agent for the lenders;

o    Amended and Restated Guaranty Agreement, dated as of September 5, 2000,
     delivered by the Registrant to and in favor of Nortel Networks Inc., as
     administrative agent for itself and the other lenders;

o    Amended and Restated Guaranty Agreement, dated as of September 5, 2000,
     delivered by Global Network Assets, LLC to and in favor of Nortel Networks
     Inc., as administrative agent for itself and the other lenders.

                                      -15-

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