Director Shareholding

RNS Number:6071O
Colt Telecom Group PLC
12 August 2003



                          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 holding
of 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

28th July 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

#0.7692p

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: 12 August 2003


London Stock Exchange
Company Announcements Office
Old Broad Street
London
EC2N 1HP
Facsimile: 0171 588 6057
Enquiries: Continuing Obligations: Telephone: [phone]




                      This information is provided by RNS
            The company news service from the London Stock Exchange

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