BT acquires assets of Telexis

BT Group PLC 23 November 2006 DC06-631 NOVEMBER 23, 2006 BT ACQUIRES ASSETS OF TELEXIS BRASIL BT today announced that BT has acquired the assets of Telexis Brasil, Fiat's Brazilian telecommunications business. Telexis provides services to both Fiat Group and external customers. The transaction follows BT's acquisition of Fiat's Italian telecommunications subsidiary, Atlanet, which was completed in February 2006. For the year ended 31 December 2005, Telexis Brasil achieved revenues of around US$2 million and had gross assets of approximately US$640,000. ENDS About BT BT is one of the world's leading providers of communications solutions and services operating in 170 countries. Its principal activities include networked IT services, local, national and international telecommunications services, and higher-value broadband and internet products and services. BT consists principally of four lines of business: BT Global Services, Openreach, BT Retail and BT Wholesale. In the year ended 31 March 2006, BT Group plc's revenue was £19,514 million with profit before taxation of £2,040 million. British Telecommunications plc (BT) is a wholly-owned subsidiary of BT Group and encompasses virtually all businesses and assets of the BT Group. BT Group plc is listed on stock exchanges in London and New York. For more information, visit www.bt.com/aboutbt This information is provided by RNS The company news service from the London Stock Exchange

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