Holding(s) in Company

24 June 2002

The Company has been notified today pursuant to the Companies Act 1985 that
BriTel Fund Trustees Limited, The Trustees of BT Pension Scheme, have a
notifiable interest in 2,424,434 ordinary shares in our Company, representing
5.068% of the issued share capital, as follows:

No. of Shares Held      Nominee/Registered Name     
                                                    
         2,179,475 Chase Nominees Ltd               
                                                    
           244,959 BriTel Fund Nominees Ltd         
                                                    
         2,424,434