ATN Aterian Plc

RNS No 4772x
ATLANTIC TELECOM GROUP PLC
10th August 1998

                               
     Atlantic Telecom Group PLC ("Atlantic Telecom" or the
                          "Company")
         Passing of Special Resolution of Shareholders


Atlantic Telecom announced on 16 July 1998 that it had,
subject to Shareholders' approval, secured funding for the
next stage of the Group's expansion.  The funding package
comprises the placing of new Ordinary Shares (the "Placing")
to raise #45 million, net of expenses, and the Senior Debt
Facility, which is conditional on the Placing, for the
provision of up to #60 million.

The Board of Atlantic Telecom is pleased to announce that at
the Extraordinary General Meeting of the Shareholders held
today, the Special Resolution to give effect to the Placing
was duly passed.


Enquiries:

Graham J Duncan
Atlantic Telecom
01224 454000


END


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