Holding(s) in Company

9 June 2004

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 2,888,162 ordinary shares in our Company, representing
6.026% of the issued share capital, as follows:

No. of Shares Held  Nominee/Registered Name        
                                                   
124,926             BriTel Fund Nominees Ltd       
                                                   
2,763,236           Chase Nominees Ltd             
                                                   
2,888,162