ETMA Eurotelecom 'a'

RNS Number:0864W
EuroTelecom Communications Inc
19 December 2000




                       EuroTelecom Communications, Inc.



                                TRADING UPDATE

The Board of EuroTelecom Communications, Inc. (("EuroTelecom" or "the Company
") trading on AIM as ETMA; U.S. trading symbol EUTC) announces that there has
been an increase in sales in the current year and a continued development of
new business opportunities. However, the investment in additional resources is
expected to result in the Company reporting a loss for the current financial
year.

Negotiations over the proposed acquisition of Intelect Network Technologies,
(first announced on 14 November 2000), have not been concluded and will
restart in the New Year.

This press release contains forward-looking statements. Such statements are
based on the current expectations and beliefs of the management of EuroTelecom
and are subject to a number of factors and uncertainties that could cause
actual results to differ materially from those described in the
forward-looking statements.



For further information:


EuroTelecom                                                        01709 874600

Phil Derry                                  Chief Executive

Rawlings Financial PR Limited                                     01756 770 376
John Rawlings

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