TNW Teleset Net

RNS Number:8236R
Teleset Networks PLC
26 February 2007

               Teleset Networks PCL ("Teleset" or the "Company")



                    Notice of Extraordinary General Meeting



"The Board of Teleset announces that a notice of extraordinary general meeting
("EGM") has been despatched to shareholders.  The EGM will be held at 12.00 pm
on 6 March 2007.  The purpose of the EGM is to empower the Board to issue and
allot up to 30,000,000 ordinary shares for cash, and to disapply the pre-emption
rights of the shareholders of the Company in relation to this issue, in order to
facilitate potential future investments in the company.  It is also proposed
that the Articles of Association of the Company be amended to incorporate
certain aspects of the UK Takeover Code."








Yiannis Demetriou                                          +357 22 450790
Teleset Networks PCL

Shane Gallwey/Rhod Cruwys                                  020 7448 4400
Corporate Synergy Plc

Alexander Selegenev                                        020 7439 6880
Metropol (UK) Limited

Simon Bloomfield                                           020 7367 8861
Bankside








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