SOURCE: COLT Telecom Group plc

May 05, 2005 06:11 ET

Colt Telecom Group announces Colt Management Appointment

London -- (MARKET WIRE) -- May 5, 2005 --5 May 2005

               COLT APPOINTS MANAGING DIRECTOR, CUSTOMER SERVICE,
                            NETWORKS AND OPERATIONS
COLT Telecom Group plc, a leading European provider of business communications, today announced the appointment of Paul Richman to the role of Managing Director, Customer Service, Networks and Operations, reporting to Chief Executive Officer, Jean-Yves Charlier.

Paul was previously Managing Director, Global Managed Services at Dimension Data where he was responsible for the managed services operations across 42 countries and nearly 6,000 employees. Prior to that he spent more than five years in senior management roles in network engineering and managed services at Equant. He began his career with ICL in 1983.

Paul succeeds Ken Starkey, who returns to Fidelity Investments Systems Company in Boston to be Executive Vice President Operations after his secondment to COLT. As Managing Director, Customer Service, Network and Operations, Paul will lead the team responsible for continuing to improve the award winning quality of service of the COLT network and data centres while deploying new Ethernet and IP services and pursuing cost competitive initiatives.

Commenting on the appointment, Jean-Yves Charlier said: "Paul brings the depth and breadth of technical expertise together with the strong customer focus needed to ensure that COLT's world class network and data centres provide the best-in-industry quality and service our customers expect from us. This latest appointment completes the new COLT senior management team brought together to deliver the company's new strategic roadmap, Future in Focus."

NOTE TO EDITORS

The COLT Senior Management team now comprises:
Jean-Yves Charlier - Chief Executive Officer
Tony Bates - Chief Administrative and Financial Officer
Paul Richman - Managing Director, Customer Service, Networks and Operations
Alireza Mahmoodshahi - Chief Technology Officer
Bruce King - Managing Director, Human Resources
Tanuja Randery - Managing Director, Strategy and Business Transformation
Detlef Spang - Managing Director, Sales and Marketing
Wolfgang Essig - Managing Director, Germany
Tim Wort - Managing Director, UK
Lakh Jemmett - Managing Director, Strategic Markets
Richard Blaustein - Managing Director, France

About COLT:

COLT is one of the leading European providers of business communications. COLT specialises in providing data, voice and managed services to midsize and major businesses and wholesale customers. It has more than 50,000 customers across all industry sectors. COLT owns and operates a 13-country, 20,000km network that includes metropolitan area networks in 32 major European cities with direct fibre connections into 10,000 buildings and 12 COLT data centres.

COLT Telecom Group plc, COLT's parent company, is listed on the London Stock Exchange (CTM.L) and NASDAQ (COLT). Information about COLT and its services can be found at www.colt.net

For more information, please contact:
Gill Maclean
COLT Telecom Group plc
Tel: +44 (0) 20 7863 5314
Email: gill.maclean@colt.net

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