Director Shareholding

RNS Number:4401T
Colt Telecom Group PLC
18 December 2003

                      Notification of interests of
                    Directors and connected Persons


1.     Name of Company

COLT Telecom Group plc


2.     Name of Director

Paul William Chisholm


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)

Paul William Chisholm


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

Purchase of Shares


7.     Number of shares / amount of stock acquired

9,231


8.     Percentage of issued class

Less than 1%


9.     Number of shares / amount of stock disposed

N/A


10.    Percentage of issued class

N/A


11.    Class of security

Ordinary shares of 2.5p each



12.    Price per share

#0.9675p


13.    Date of transaction

10 December 2003


14.    Date Company informed

15 December 2003


15.    Total holding following this notification

4,179,813


16.    Total percentage holding of issued class following this notification

Less than 1%


If a director has been granted options by the company please complete the
following

17.    Date of grant

N/A


18.    Period during which or date on which exercisable

N/A


19.    Total amount paid (if any) for grant of the option

N/A


20.    Description of shares or debentures involved: class, number

N/A


21.    Exercise price (if fixed at time of grant) or indication that
price is to be fixed at time of exercise

N/A


22.    Total number of shares or debentures over which options held
following this notification

N/A


23.    Any additional information

Mr.Chisholm also holds options over 5,500,000 share options.



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:   18 December 2003




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

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