COLT Telecom Group plc -- Notification of interests of Directors and connected Persons (2)


LONDON, Dec. 18, 2003 (PRIMEZONE) --COLT Telecom Group:

Notification of interests of Directors and connected Persons

1. Name of Company

COLT Telecom Group plc

2. Name of Director

Mr Hans Eggerstedt

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)

Mr Hans Eggerstedt

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

12,007

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

10th December 2003

14. Date Company informed

15th December 2003

15. Total holding following this notification

19,206

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

N/A

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: 18th December 2003


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