PJT Project Telecom

RNS Number:0891W
Project Telecom PLC
17 May 2002

                    BLOCKLISTING SIX MONTHLY REVIEW


1. NAME OF COMPANY:

     PROJECT TELECOM PLC

2. NAME OF SCHEME:

     REPLACEMENT OPTION SCHEME

3. PERIOD OF RETURN: 1ST    FROM: 3.9.2001    TO: 30.4.2002



4. NUMBER AND CLASS OF SHARES(S)
   (AMOUNT OF STOCK/DEBT SECURITY)
   NOT ISSUED UNDER SCHEME
   AT END OF THE LAST PERIOD:

        N/A

5. NUMBER OF SHARES ISSUED/ALLOTTED
   UNDER SCHEME DURING PERIOD:

        4,000,000

6. BALANCE UNDER SCHEME NOT YET ISSUED/ALLOTTED 
   AT END OF PERIOD:

        2,131,578

7. NUMBER AND CLASS OF SHARE(S) 
   (AMOUNT OF STOCK/DEBT SECURITIES) 
   ORIGINALLY LISTED AND THE DATE OF ADMISSION:
        3,500,000 ORDINARY LISTED 4.9.01
        2,631,578 ORDINARY LISTED 5.3.02

PLEASE CONFIRM TOTAL NUMBER OF SHARES IN ISSUE AT THE END OF THE PERIOD
IN ORDER FOR US TO UPDATE OUR RECORDS.

         221,570,229

CONTACT FOR QUERIES

NAME:       GAEL CLARKE
TELEPHONE:  0870 848 7711





                      This information is provided by RNS
            The company news service from the London Stock Exchange

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