67LF Barclays 25

RNS Number:7492K
Cable & Wireless PLC
Cable & Wireless Communications PLC
17 May 2000


NOT  FOR  RELEASE, PUBLICATION OR DISTRIBUTION  IN  OR  INTO
CANADA, JAPAN OR AUSTRALIA.  THE TRANSACTION REFERRED TO  IN
THIS PRESS RELEASE IS NOT AN OFFER OF SECURITIES FOR SALE IN
THE UNITED STATES.  SECURITIES MAY NOT BE OFFERED OR SOLD IN
THE   UNITED  STATES  ABSENT  REGISTRATION  UNDER   THE   US
SECURITIES ACT OF 1933 OR AN EXEMPTION FROM REGISTRATION.
                                                           
                                                            
          Cable and Wireless plc ("Cable & Wireless"),
                NTL Incorporated ("NTL") and
          Cable & Wireless Communications plc ("CWC")
                              
   Joint announcement relating to the proposed acquisition of
   CWC DataCo by Cable & Wireless and the proposed acquisition
          of CWC ConsumerCo by NTL (the "Transaction")
                              
        High Court approves CWC Holdings Capital Reduction

                        Update on timetable 

The High Court has today approved the CWC Holdings Capital Reduction which
forms part of the Transaction.  Accordingly, CWC intends to arrange for the
CWC Holdings Capital Reduction to become effective on or by 19 May 2000.  In
light of this, the parties are confident that the Transaction will complete by
the end of May 2000.

The Mix and Match Closing Date remains tomorrow, 18 May 2000.  Accordingly, to
be sure of participating in the Mix and Match Facility, Mix and Match Election
Forms must be received by Lloyds TSB Registrars no later than 6.00 p.m.
tomorrow, 18 May 2000.  

Further announcements regarding completion of the Transaction and the outcome
of elections made under the Mix and Match Facility will be made in due course.


Enquiries   
                                          
Shareholder Helpline: 0845 603 9218

Cable & Wireless                   NTL     
           
Chris Tyler, Investor Relations    John Gregg
020 7315 4460                      020 7909 2000                     

Penny Berger, Investor Relations   Richard J. Lubasch
020 7315 6225                      001 212 906 8470
                                                      
Susan Cottam, Media                Alison Kirkwood       
020 7315 4410                      01256 752662     
                                                      
Peter Eustace, Media               Will Robson      
020 7315 4495                      01256 752661
                                                      
                                   Dominic Shales
                                   020 7413 3142    
  
CWC                                                   
Samantha Ashworth, Investor Relations
020 7674 5303                          
                       
Roy Payne, Media
020 7674 5387                           
                       
Caroline Keppel-Palmer, Media
020 7674 5416                         
                                                         
Greenhill & Co.                     Morgan Stanley Dean Witter    
020 7440 0400                       020 7425 5000     
(advisers to Cable & Wireless)      (advisers to NTL)    
James Lupton                        Paulo Pereira 
David Wyles                         John Krumins         
                                                      
Merrill Lynch
020 7628 1000         
(advisers to CWC)                                     
Bob Wigley                                            
Richard Snow                                         
                                          
CSFB  020 7888 8888       
(advisers to the independent directors of CWC (being Sir Bryan
Carsberg, JMJ Keenan, Valerie F Gooding, JF Killian and FV Salerno)
in respect of the Cable & Wireless Acquisition and advisers to the
directors of CWC  in respect of the NTL Acquisition)
Michael Harrison                                             
Ian Brown    

Greenhill & Co. International Limited ("Greenhill  &  Co."),
which  is  regulated in the United Kingdom by The Securities
and  Futures  Authority  Limited,  is  acting  as  financial
adviser  to  Cable & Wireless in relation to the Transaction
and  to no one else and will not regard any other person  as
its customer or be responsible to any one other than Cable &
Wireless for providing the protections afforded to customers
of  Greenhill & Co. or for providing advice in  relation  to
the Transaction.

Morgan Stanley & Co. Limited ("Morgan Stanley Dean Witter"),
which  is  regulated in the United Kingdom by The Securities
and  Futures  Authority  Limited,  is  acting  as  financial
adviser to NTL in relation to the Transaction and to no  one
else and will not regard any other person as its customer or
be  responsible to any one other than NTL for providing  the
protections  afforded to customers of  Morgan  Stanley  Dean
Witter   or  for  providing  advice  in  relation   to   the
Transaction.

Merrill  Lynch  International ("Merrill  Lynch"),  which  is
regulated  in  the  United Kingdom  by  The  Securities  and
Futures Authority Limited, is acting as financial adviser to
CWC  in  relation to the Transaction and to no one else  and
will  not  regard  any other person as its  customer  or  be
responsible  to  any one other than CWC  for  providing  the
protections  afforded to customers of Merrill Lynch  or  for
providing advice in relation to the Transaction.

Credit Suisse First Boston (Europe) Limited ("CSFB"),  which
is  regulated  in the United Kingdom by The  Securities  and
Futures Authority Limited, is acting as financial adviser to
the independent directors of CWC in relation to the Cable  &
Wireless Acquisition and directors of CWC in relation to the
NTL  Acquisition and to no one else and will not regard  any
other  person as its customer or be responsible to  any  one
other  than  the  independent  directors  of  CWC  and   the
directors  of CWC for providing the protections afforded  to
customers of CSFB or for providing advice in relation to the
Transaction.


END
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