RNS Number:0011E
Project Telecom PLC
19 November 2002


                    BLOCKLISTING SIX MONTHLY REVIEW


1. NAME OF COMPANY:

   PROJECT TELECOM PLC

2. NAME OF SCHEME:

   REPLACEMENT OPTION SCHEME

3. PERIOD OF RETURN:     FROM:  1.5.2002     TO: 31.10.2002


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:                            NIL


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.        221,786,679

CONTACT FOR QUERIES

NAME:         ANTHONY DEARDEN
TELEPHONE:    01636 602638



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

END

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