London, Aug. 12, 2003 (PRIMEZONE) -- COLT Telecom Group plc (Nasdaq:COLT) (LSE:CTM):
Notification of interests of Directors and connected Persons
1. Name of Company
COLT Telecom Group plc
2. Name of Director
Steve P. Akin
3. Please state whether notification indicates that it is in respect of holdingof 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)
Steve P. Akin
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
Grant of Share Options
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
N/A
10. Percentage of issued class
N/A
11. Class of security
N/A
12. Price per share
N/A
13. Date of transaction
N/A
14. Date Company informed
N/A
15. Total holding following this notification
N/A
16. Total percentage holding of issued class following this notification
N/A
If a director has been granted options by the company please complete the following
17. Date of grant
July 28th, 2003
18. Period during which or date on which exercisable
Options vest in the 3rd year, and are exercisable until 2013
19. Total amount paid (if any) for grant of the option
Nil
20. Description of shares or debentures involved: class, number
150,000 Ordinary 2.5p shares
21. Exercise price (if fixed at time of grant) or indication that price is to be fixed at time of exercise
GBP0.7692p
22. Total number of shares or debentures over which options held following this notification
650,000 Options
23. Any additional information
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: August 12 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