COLT Telecom Group plc Appoints Hans Eggerstedt To Board Of Directors


LONDON, June 2, 2003 (PRIMEZONE) -- COLT Telecom Group plc (COLT) (Nasdaq:COLT) (LSE:CTM), a leading European provider of business communication services, announced today the appointment of Hans Eggerstedt as a non-executive director.

Mr Eggerstedt is a former Finance Director of Unilever, having retired from that position in 1999. Prior to being appointed Finance Director he held a range of management positions with Unilever and is currently a member of the Supervisory Board of Unilever Deutschland. Mr Eggerstedt is also a member of the Advisory Council of the ING Group, a member of the Supervisory Board of Rodamco Europe and has non-executive directorships with Jeronimo Martins and bolero.net.

COLT Chairman, Barry Bateman said: "I welcome Hans to COLT. I am sure that we will value his expertise and counsel and that COLT will be well served by his experience in international business and knowledge of the German market in particular."

ABOUT COLT

COLT Telecom Group plc is a leading pan-European provider of business communications services. COLT has over 16,000 network services and eBusiness customers. The company owns an integrated 20,000 kilometre network that directly connects over 9,000 buildings in 32 major cities in 13 countries augmented with a further 27 points of presence across Europe and 11 Internet Solution Centres. COLT supplies customers across the full spectrum of industry, service and government sectors with unrivalled end-to-end network security, reliability and service.

COLT Telecom Group plc is listed on the London Stock Exchange (CTM.L) and Nasdaq (COLT). Information about COLT and its products and services can be found on the web at www.colt.net.

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



            

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