COLT Telecom Group PLC Shares Notification


LONDON, December 20, 2002 (PRIMEZONE) -- COLT Telecom Group plc(Nasdaq:COLT) (LSE:CTM) notification of interests in shares under Section 198 of the Companies act 1985.


 1. Name of Company

    COLT Telecom Group plc

 2. Name of Director

    Frans van den Hoven

 3. Please state whether notification indicates that it is in respect 
    of holding of the director named in 2 above or holding of that 
    persons spouse or children under the age of 18 or in respect of a 
    non-beneficial interest

    Notification is in respect of director

 4. Name of the registered holder(s) and, if more than one holder, the 
    number of shares held by each of them (if notified)

    Frans van den Hoven

 5. Please state whether notification relates to a person(s) connected 
    with the director named in 2 above and identify the connected
    person(s)

    N/A


 6. Please state the nature of the transaction. For PEP transactions 
    please indicate whether general/single co. PEP and if discretionary/
    non-discretionary

    Purchase of Shares

 7. Number of shares/amount of stock acquired

    26,713

 8. Percentage of issued Class

    Less than 1%

 9. Number of shares/amount of stock disposed

    N/A
 
 10. Percentage of issued class

     N/A

 11. Class of security

     Ordinary shares of 2.5p each

 12. Price per share
 
     GBP0.43 1 / 4 p

 13. Date of transaction

     20 December 2002

 14. Date Company informed

     20 December 2002

 15. Total holding following this notification
 
     70,085

 16. Total percentage holding of issued class following this
     notification
 
    Less than 1%

   If a director has been granted options by the company please
   complete the following

 17. Date of grant

     N/A

 18. Period during which or date on which exercisable

     N/A

 19. Total amount paid (if any) for grant of the option

     N/A

 20. Description of shares or debentures involved: class, number
     N/A

 21. Exercise price (if fixed at time of grant) or indication that price 
     is to be fixed at time of exercise

    N/A

 22. Total number of shares or debentures over which options held 
     following this notification

     N/A

 23. Any additional information

     Mr. van den Hoven also holds options over 48,000 share options
  
 24. Name of contact and telephone number for queries

     John Doherty: 0207 390 3681

Mark A. Jenkins, Company Secretary

Date of Notification: 20 December 2002

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



            

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