Spiritel PLC
29 July 2004


For immediate release                                            29 July 2004


                                 SPIRITEL PLC

                              CHAIRMAN APPOINTMENT

Spiritel plc ("Spiritel" or the "Company") (AIM: SPR), the telecommunications
service business that started trading on the Alternative Investment Market of
the London Stock Exchange yesterday, is pleased to announce the appointment of
Lord St John of Bletso as Chairman.

Anthony St John, aged 47, qualified as an attorney in South Africa, worked as an
analyst and salesman in the City since 1985 and was managing director of Globix
(Europe), a complex web hosting solutions provider, from 1998-2002.

He is currently a consultant to Merrill Lynch, has been a non-executive director
of Regal Petroleum plc since 2003 and serves on the board of a number of other
private companies as a non-executive director.

Anthony took his seat as a crossbencher in the House of Lords in 1978, where he
has been a Member of the EU Sub Committee A on Trade, Finance and Foreign
Affairs since 1998.

Commenting on the announcement, Mark Willard, Spiritel's Chief Executive, said:
"We are delighted to welcome Anthony St John to the Board of Spiritel. The
Company is addressing the considerable opportunities we see in the UK and
International telecommunications markets and Anthony's blend of finance and
International experience will greatly enhance our team."

Commenting on his appointment as Chairman of Spiritel, Lord St John of Bletso,
said: "I am delighted to be part of the Spiritel management team going forward
and I am eager to make an active contribution to the Company's future, both in
the domestic and International markets."

                                      ENDS

For further information:

Spiritel plc
Mark Willard, Chief Executive                                      01784 224201
John Vergopoulos, Finance Director

W.H. Ireland
Tim Cofman                                                         0121 616 2101

Buchanan Communications
Mark Court/Mary-Jane Johnson                                       020 7466 5000

About Spiritel

Spiritel plc, formerly known as Roshni Investments plc, is a telecommunications
service business.  Yesterday the Company started trading on AIM and announced
the acquisition of Expo Communications Limited ("Expo").  The acquisition of
Expo represents an important first step in the development of Spiritel as a
broadly based telecommunications services business.

About Expo

Expo has developed a team with the expertise and commercial skill to identify
and exploit opportunities for arbitraging pricing differentials within the
international telecommunications market.

In the three years to 30 October 2003 Expo has grown from having sales of
#11,000 to a business generating sales of #21.8 million and operating profits of
#1.0 million.

Expo has built up a customer base of significant national communications
carriers by exploiting available technology in new applications and has in
particular participated in the early development of GSM gateways, the use of
which allowed it to offer its customers cheaper delivery on terminating their
calls on the mobile network than was otherwise available to them. This has
enabled Expo to achieve a size in terms of minutes throughput that allows it to
move away from the use of GSM gateways and participate in the international "
refiling" market, where surplus minutes, made available under bilateral
agreements between the major telecommunications companies, are traded at
discounted rates.

Spiritel's strategy

The Board of Spiritel intends to continue the organic development of the Expo
business and at the same time keep under review opportunities for acquisition.
In particular the Board believes that:

*        There are opportunities to exploit differential pricing imbalances in
the international arena and that the management of Expo has the necessary skills
and contacts to develop a significant profit stream in this area.

*        As the proportion of land to mobile traffic that Expo carries on behalf
of its customers increases, there is scope for Expo to offer a fully managed
service. This would enable Expo's customers to make savings in their carrier
departments, optimize savings on this high value call type and achieve a degree
of security of supply.

As supply expands, Expo could also look at extending is customer offering to
larger corporate customers.


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

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