SOURCE: COLT Telecom Group plc

March 24, 2005 07:52 ET

COLT Telecom Group plc announces Director Shareholding - 2

London -- (MARKET WIRE) -- March 24, 2005 --

                          SCHEDULE 11 
  NOTIFICATION OF INTERESTS OF DIRECTORS AND CONNECTED PERSONS  

All relevant boxes should be completed in block capital letters. 

-- ----------                -- ----------
1. Name of company           2.  Name of director            
                                                                      
   COLT Telecom Group plc        Antony Bates     
           
-- ----------                -- ----------
3. Please state whether      4.  Name of the registered      
   notification indicates        holder(s) and, if more than 
   that it is in respect         one holder, the number of   
   of holding of the             shares held by each of them 
   shareholder named in 2        (if notified)               
   above or in respect of                                    
   a non-beneficial                                          
   interest or in the case                                   
   of an individual holder                                   
   if it is a holding of                                     
   that person's spouse or                                   
   children under the age                                    
   of 18 or in respect of                                    
   an non-beneficial                                         
   interest                                                  

--  ----------                -- ----------
5.  Please state whether      6.  Please state the nature of  
    notification relates to       the transaction. For PEP    
    a person(s) connected         transactions please         
    with the director named       indicate whether            
    in 2 above and identify       general/single              
    the connected person(s)       co PEP and if               
                                  discretionary/non           
                                  discretionary /non          
                                  discretionary   
            
--  ----------   --  ----------  --  ----------     --  ----------
7.  Number of    8.  Percentage  9.  Number of      10. Percentage
    shares/amount    of issued       shares/amount      of     
    of stock         class           of stock           issued   
    acquired         (any            disposed           class (any     
                     treasury                           treasury 
                     shares                             shares   
                     held by                            held by  
                     company                            company  
                     should                             should   
                     not be                             not be   
                     taken                              taken    
                     into                               into     
                     account                            account  
                     when                               when     
                     calculating                        calculating
                     percentage)                        percentage)

--   ----------   --   ---------- --  ----------     --  ----------
11.  Class of     12.  Price      13. Date of        14. Date     
     security          per            transaction       company  
                       share                            informed 

--  ----------                -- ----------
15. Total holding following   16. Total percentage holding of 
    this notification             issued class following this 
                                  notification (any treasury  
                                  shares held by company      
                                  should not be taken into    
                                  account when calculating    
                                  percentage)                 
                                                                      
--------------------------
If a director has been granted options by the company please        
complete the following boxes.  
                                     
--   ----------                -- ----------
17.  Date of grant             18. Period during which or date 
                                   on which exercisable        
     24th March 2005                                           
                                   24th March 2008 to      
                                   24th March 2015      
            
--   ----------                -- ----------
19.  Total amount paid (if     20. Description of shares or    
     any) for grant of the         debentures involved: class, 
     option                        number                      
                                                                      
                                   4,000,000 ordinary shares   

--   ----------                -- ----------
21.  Exercise price (if        22. Total number of shares or   
     fixed at time of grant)       debentures over which       
     or indication that            options held following this 
     price is to be fixed at       notification                
     time of exercise                                          
                                   4,500,000                   
     GBP0.495   
                                                 
--   ----------                -- ----------
23.  Any additional            24. Name of contact and         
     information                   telephone number for        
                                   queries                     
                                                                      
                                   John Doherty 020 7390 3681  
                                   Gill Maclean 020 7863 5314  

------------------------
25.  Name and signature of authorised company official         
     responsible for making this notification                  
                                                                      
     Adrian Goodenough                                         

------------------------
Date of notification - 24th March 2005                              
 

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