RNS Number:2740J
Project Telecom PLC
31 August 2001

PROJECT TELECOM PLC

Application has been made to The UK Listing Authority and  the
London  Stock  Exchange  for  a  block  listing  of  3,500,000
Ordinary  shares  of  0.25p each under the  Replacement  Share
Option Scheme, to trade on the London Stock Exchange and to be
admitted to the Official List upon issuance. The shares  shall
rank  pari  passu  with  the existing  issued  shares  of  the
Company.

Copies  of this announcement are available from the office  of
Cazenove & Co. Ltd for the period of 2 business days from  the
date hereof.



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