SOURCE: COLT Telecom Group plc

June 22, 2005 06:40 ET

COLT TELECOM GROUP PLC ANNOUNCES DIRECTOR SHAREHOLDING

London -- (MARKET WIRE) -- June 22, 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                                                  

    Director in 2. above          Strand Nominees

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               

     n/a                          Purchase of ordinary shares

7.  Number of       8.  Percentage   9.  Number of      10. Percentage
    shares/amount       of issued        shares/amount      of issued    
    of stock            class (any       of stock           class (any  
    acquired            treasury         disposed           treasury    
                        shares held                         shares held
                        by company                          by company  
                        should not be                       should not be 
                        taken into                          taken into 
                        account when                        account when
                        calculating                         calculating
                        percentage)                         percentage)

    80,000        	Less than         n/a               n/a
                        0.01%

11. Class of        12. Price        13. Date of        14. Date company
    security            per share        transaction        informed 
    
    Ordinary            0.56             21 June 2005       21 June 2005 
    shares

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)    
             
    260,000                       Less than 0.01%

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        
                                                            

19. Total amount paid (if     20. Description of shares or    
    any) for grant of the         debentures involved: class, 
    option                        number                      
                                               

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                                          


23. Any additional            24. Name of contact and         
    information                   telephone number for        
                                  queries                     
                                                                      
                                  Luke Glass - 020 7390 3681
                                  Gill Maclean - 020 7863 5314


25. Name and signature of authorised company official         
    responsible for making this notification                  
                                                                      
    Caroline Griffin Pain


Date of notification - 22 June 2005


                   This information is provided by RNS
          The company news service from the London Stock Exchange