SOURCE: COLT Telecom Group plc

June 01, 2005 05:30 ET

Colt Telecom Group PLC announces COLT appoints Richard D. Walsh as non-executive director

London -- (MARKET WIRE) -- June 1, 2005 --

COLT appoints Richard D. Walsh as non-executive director

1 June 2005 - COLT Telecom Group plc, a leading European provider of business communications, today announced the appointment of Richard (Dick) D. Walsh as a non-executive director.

Mr Walsh is a managing director of the Fidelity Broadband Group, a unit of Fidelity Investments which manages the company's capital investments in various telecommunications companies. He is also a director of Fidelity International Limited (FIL).

Since 1991, Mr Walsh has held a number of senior positions in the Fidelity organisation including vice president of human resources, managing director of human resources for FIL and managing director of Crosby Advisors. Mr Walsh was previously with Digital Equipment Corporation for 17 years.

Mr Walsh gained a bachelor of arts and a master of arts from Boston College.

Commenting on the appointment, COLT Chairman, Barry Bateman, said: "Dick's sector knowledge and specialist human resources experience will be invaluable as we continue to progress COLT's Future in Focus strategy. I look forward to working with him" .

There are no matters in connection with this appointment to be disclosed under paragraph 6.F.2 (b) to (g) of the Listing Rules of the UK Listing Authority.


Luke Glass
Director Investor Relations
Tel: +44 (0) 20 7390 3681

Gill Maclean
Head of Corporate Communications
Tel: +44 (0) 20 7863 5314

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