SOURCE: COLT Telecom Group plc

July 22, 2005 07:21 ET

Colt Telecom Group PLC announces Audit Committee Change

London -- (MARKET WIRE) -- July 22, 2005 --22 July 2005

COLT announces changes to audit committee membership

COLT Telecom Group plc (COLT) a leading European provider of business communications, today announced a change to the composition of its Audit Committee.

Gene Gabbard, 65, who was appointed to the COLT Board on 6 January 2005 has been appointed a member of the COLT Audit Committee. He replaces H. Frans van den Hoven, a director of COLT since September 1996, who has retired as a member of the Audit Committee. Gene is a member of the boards of Trillion Partners, PRE Holdings and Knology and a special limited partner of Ballast Point Ventures. He was previously executive vice president and chief financial officer of MCI Communications Corporation.

About COLT COLT is a leading European provider of business communications. COLT specialises in providing data, voice and managed services to midsize and major businesses and wholesale customers. It has more than 22,000 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

Enquiries:

COLT Telecom Group plc

Luke Glass
Director Corporate Communications
Email: luke.glass@colt.net
Tel: +44 (0) 20 7390 3681

Gill Maclean
Head of Corporate Communications
Email: gill.maclean@colt.net
Tel: +44 (0) 20 7863 5314



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