COLT Telecom Group plc Notification of interests of Directors and Connected Persons


LONDON, July 30, 2003 (PRIMEZONE) -- COLT Telecom Group plc (Nasdaq:COLT) (LSE:CTM):


 1. Name of Company

 COLT Telecom Group plc

 2.  Name of Director

 Paul William Chisholm

 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)

 Paul William Chisholm

 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

 Sale of Shares

 7.  Number of shares / amount of stock acquired

 N/A

 8.  Percentage of issued class

 N/A

 9.  Number of shares / amount of stock disposed

 500,000 ordinary shares

 10.  Percentage of issued class

 Less than 1%

 11.  Class of security

 Ordinary 2.5p

 12.  Price per share

 GBP0.8225p

 13.  Date of transaction

 29 July 2003

 14.  Date Company informed

 30 July 2003

 15.  Total holding following this notification

 4,170,582

 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.Chisholm also holds options over 5,500,000 share options.


 24.  Name of contact and telephone number for queries

 John Doherty: 0171 390 3681

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

Mark A. Jenkins Company Secretary Date of Notification: 30 July 2003

London Stock Exchange Company Announcements Office Old Broad Street London EC2N 1HP

Facsimile: 0171 588 6057 Enquiries: Continuing Obligations: Telephone: 0171 797 3850


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


            

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