LONDON, Dec. 18, 2003 (PRIMEZONE) --
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
Purchase of Shares
7. Number of shares / amount of stock acquired
9,231
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
GBP0.9675p
13. Date of transaction
10 December 2003
14. Date Company informed
15 December 2003
15. Total holding following this notification
4,179,813
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: 18 December 2003
This information is provided by RNS
The company news service from the London Stock Exchange