RNS Number:7944K
Colt Telecom Group PLC
07 May 2003



7th May 2003

Ref No. 3232904

                             COLT Telecom Group plc

                                (the "Company")


In accordance with Chapter 16 of the Listing Rules, notification is hereby given
that:

On 6 May 2003 Mr. Barry Bateman, a director and Chairman of the Board of the
Company was appointed as a Trustee of the Fidelity International Charitable
Foundation (the "FIL Foundation") which is a charitable foundation established
in Bermuda.

The FIL foundation has an interest over 709,481 Ordinary shares of 0.25p each
(less than 1% of the issued class) in the Company, which are held on its behalf
by Fidelity International Limited ("FIL") under the terms of a voting trust.

FIL's holding in aggregate is 80,634,497 Ordinary shares of 0.25p each
(approximately 5.3% of the issued class) in the Company.

On this appointment as a Trustee of the FIL Foundation Mr. Bateman is considered
to have acquired a non-beneficial interest in the Foundation shares.

Name of contact and telephone
number for queries:
John Doherty: 0207 390 3681



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