RNS Number:4007U
PNC Telecom PLC
19 January 2004


                        PNC Telecom PLC (the "Company")

                       Board Changes and Strategy Update

Following the Annual General Meeting on 14 January at which Geremy Thomas was
appointed as an additional Director of the Company and the discharge of the
Administration Order on 15 January, John Peett and Ian Gray resigned as
Directors and David Bradfield resigned as the Company Secretary. On 16 January,
Mr David Till, who is a chartered accountant, was appointed as an independent
non-executive director of the Company and Mr Nigel Etherington, who is a
solicitor and was a former Company Secretary of the Company, was appointed as
the Company Secretary.

The new Directors have stated the priority of the Board will be to consider and
resolve issues that remain following the disposal of the business of the Company
to Vanguard Holdings Plc (as detailed in previous announcements), to safeguard
the assets of the Company and to examine suitable business opportunities which
may be available in the broad business sectors in which the Company has operated
formerly with a view to restoring a trading business and enhancing the value of
shareholders funds. It is also the intention of the board to strengthen its
composition by the appointment of a further independent non-executive director
in due course.

Following the appointment of the new Directors, the Board has applied to the
London Stock Exchange for the ordinary shares to recommence trading on AIM. Such
trading is expected to recommence on 20 January 2004.

The new board hopes to be in a position to make a further announcement to
shareholders at the time of the holding of the Extraordinary General Meeting of
the Company scheduled to take place on 13 February 2004.

Pursuant to Rule 15 of the AIM Rules, the following information is disclosed in
respect of David John Till, age 40.

Current directorships/partnerships
Oakley Capital Partners LLP, Oakley Capital Partners Two LLP, KXGE Limited,
Endbourne 5 Limited, Oakley Capital Limited, Warner Bros Studio Stores Limited,
Internet Technology Group (Europe) Limited

Former directorships/partnerships
GCP Crown Limited, Cottsmore Limited, Game and Playtime Limited, Town Art &
Design (Scotland) Limited, Hunkydory Realisations Limited, Crown Toys and Gifts
Limited, Crown Designs Limited, Endbourne 1 Limited, Endbourne 2 Limited,
Endbourne 3 Limited, Endbourne 4 Limited, P.A.R.C. Design Limited, Finishing
Touch (1996) Limited, Crown Products Group plc, Crown Gifts Limited, Kensington
Fine Arts Limited, RGM Originals Limited, Alan Hutchison Limited, Talavera
Consulting Limited.

Mr Till was a director of Crown Products Group plc which went into
administrative receivership in January 1998. He is also a director of Endbourne
5 Limited which was placed in administrative receivership in October 1997.



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

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