RNS Number:2655S
Project Telecom PLC
1 March 2002


PROJECT TELECOM PLC.


Application has been made to The UK Listing Authority and the London Stock
Exchange for a block listing of 2,631,578 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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