COLT Telecom Group's Notification of Interests in Shares


LONDON, Dec. 18, 2002 (PRIMEZONE) -- COLT Telecom Group's (Nasdaq:COLT) (LSE:CTM) notification of interests in shares under Section 198 of the Company's Act 1985.


 1. Name of Company

    COLT Telecom Group plc

 2. Name of Shareholder having a major interest
 
    Notification is in respect of indirect interests

 3. Please state whether notification indicates that it is in respect
    of holding of the Shareholder named in 2 above or in respect of a
    non-beneficial interest or in the case of an individual holder if
    it is a holding of that person's spouse or children under the
    age of 18

    Notification is in respect of a non-beneficial interest held by
    AMVESCAP Plc. either directly or through its subsidiary companies

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

    INVESCO Perpetual UK Growth Fund, registered in the name of 
    Vidacos Nominees Limited

 5. Number of shares/amount of stock acquired

    135,135

 6. Percentage of issued class

    Less than 1%

 7. Number of shares/amount of stock disposed

    N/A

 8. Percentage of issued Class

    N/A

 9. Class of security

    Ordinary Shares of 2.5p

 10. Date of Transaction

     16th December 2002

 11. Date Company informed

     18th December 2002

 12. Total holding following this notification

     45,325,135

 13. Total percentage holding of issued class following this
     notification

     3.0%

 14. Any additional information

     The holding, the subject of this notification of interest, is
     included in AMVESCAP's aggregate holding of 190,352,579 shares
     (12.62%) of the total issued class. None of these shares is
     beneficially owned by AMVESCAP. Subsidiary companies of AMVESCAP
     have a large number of portfolio management clients for whom they
     act as investment manager and investment advisor and by virtue of
     Section 203 of the Companies Act 1985 AMVESCAP is deemed to have
     the same interest in the shares.

 15. Name of contact and telephone number for queries

     John Doherty: 0207 390 3681

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

Mark A. Jenkins, Company Secretary

Date of Notification: 18th December 2002

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



            

Contact Data