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Cable & Wireless PLC (CW.)

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Tuesday 08 April, 2003

Cable & Wireless PLC

Director Shareholding


Re: Interests in the Ordinary Shares of Cable and Wireless plc

The Company was notified on 8th April 2003 that on 7th April 2003 the Trustees
of Cable and Wireless plc Employee Share Ownership Trust ('the Trust') disposed
of 78,378 Ordinary Shares at a price of £0.8375 per share.

Following the disposal, 54,659,935 Ordinary Shares are currently held under the
Trust. Francesco Caio, Rob Rowley, Robert Lerwill , David Prince, Adrian
Chamberlain and Kevin Loosemore (all being directors of Cable and Wireless plc)
in their capacity as members of the class of beneficiaries under the Trust and
Towers Perrin Share Plan Services (GSY) Limited in their capacity as Trustees
of the Trust are deemed to have a non-beneficial interest in these Ordinary
Shares.

No Directors are disposing of any beneficial interests in the Company.