Director Shareholding

Telecom Plus PLC 13 January 2003 SCHEDULE 11 NOTIFICATION OF INTERESTS OF DIRECTORS AND CONNECTED PERSONS 1) Name of company Telecom Plus Plc 2) Name of director John Levin 3) Please state whether notification indicates that it is in respect of holding of the shareholder named in 2 above or in respect of a non-beneficial interest or in the case of an individual holder if it is a holding of that person's spouse or children under the age of 18 or in respect of a non-beneficial interest As in 2 above 4) Name of the registered holder(s) and, if more than one holder, the number of shares held by each of them (if notified) (a) IGI Insurance Company Limited 70,000 Shares (b) Sheldon Management Limited 1,703,352 Shares (c) John Levin 39,000 Shares Total 1,812,352 Shares 5) Please state whether notification relates to a person(s) connected with the Director named in 2 above and identify the connected person(s) As in 2 above 6) Please state the nature of the transaction. For PEP transactions please indicate whether general/single co PEP and if discretionary/non discretionary Purchase - Conversion of Loan Stock 7) Number of shares/amount of stock acquired (a) IGI Insurance Company Limited 60,000 Shares (b) Sheldon Management Limited 446,876 Shares Total 506,876 Shares 8) Percentage of issued class (a) IGI Insurance Company Limited 0.10% (b) Sheldon Management Limited 0.75% Total 0.85% 9) Number of shares/amount of stock disposed - 10) Percentage of issued class - 11) Class of security Ordinary Shares of 5 pence each 12) Price per share 50 pence 13) Date of transaction 10 January 2003 14) Date company informed 10 January 2003 15) Total holding following this notification (a) IGI Insurance Company Limited 130,000 Shares (b) Sheldon Management Limited 2,150,228 Shares (c) John Levin 39,000 Shares Total 2,319,228 Shares 16) Total percentage holding of issued class following this notification (a) IGI Insurance Company Limited 0.22% (b) Sheldon Management Limited 3.59% (c) John Levin 0.06% Total 3.87% If a director has been granted options by the company please complete the following boxes 17) Date of grant 18) Period during which or date on which exercisable 19) Total amount paid (if any) for grant of the option 20) Description of shares or debentures involved: class, number 21) Exercise price (if fixed at time of grant) or indication that price is to be fixed at time of exercise 22) Total number of shares or debentures over which options held following this notification 23) Any additional information 24) Name of contact and telephone number for queries R. F. Michell 020 8955 5000 25) Name and signature of authorised company official responsible for making this notification Date of Notification 13 January 2003 This information is provided by RNS The company news service from the London Stock Exchange

Companies

Telecom Plus (TEP)
UK 100

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