ATN Aterian Plc

RNS Number:0960D
Atlantic Telecom Group PLC
3 May 2001

The issuer has made the following amendment to the Holding in Company
announcement released today at 09:42 under RNS No 0490D.

Box 13 should read '0.6%' and not '1.2%' as previously shown. 

All other details remain unchanged.

The full corrected version is shown below.

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                  DEALINGS BY SUBSTANTIAL SHAREHOLDERS


1)   NAME OF COMPANY

     ATLANTIC TELECOM GROUP PLC

2)   NAME OF SHAREHOLDER HAVING A MAJOR INTEREST

     MARK DAECHE

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

     SHAREHOLDER NAMED IN 2 ABOVE

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

     N.Y.NOMINEES

5)   Number of shares/amount of stock acquired.

     N/A

6)   ( N/A %) of issued Class

7)   Number of shares/amount of stock disposed

     5,575,000

8)   (2.6%) of issued Class

9)   Class of security

     ORDINARY SHARES OF 25p EACH

10)  Date of transaction

     1 MAY 2001

11)  Date company informed

     2 MAY 2001

12)  Total holding following this notification
     
     1,282,310
              
13)  Total percentage holding of issued class following this notification

     0.6%

14)  Any additional information



15)  Name of contact and telephone number for queries

     SUSY ATKINSON - 0141 403 4747 - 07808 397374

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

     Date of Notification ....3 MAY 2001

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