SOURCE: COLT Telecom Group plc

April 10, 2006 06:46 ET

Colt Telecom Group PLC - Cancellation of Warrants

London -- (MARKET WIRE) -- April 10, 2006 --COLT Telecom Group plc (the 'Company')

Cancellation of Warrants and Issue of Ordinary Shares

The Company announces that following the cancellation of the Warrants the Company has today (10 April) issued 364,684 Ordinary Shares to its former Warrantholders. The Ordinary Shares issued on cancellation of the Warrants were admitted to the Official List and to trading on the London Stock Exchange's market for listed securities at 08.00 this morning.

Capitalised terms used in this announcement have the same meanings as set out in the Scheme document dated 10 March 2006.

For further information please call Luke Glass at COLT on 020 7390 3681.

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